Vanguard Financials Index Etf Market Value
| VFH Etf | USD 123.25 1.51 1.24% |
| Symbol | Vanguard |
The market value of Vanguard Financials Index is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Financials' value that differs from its market value or its book value, called intrinsic value, which is Vanguard Financials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vanguard Financials' market value can be influenced by many factors that don't directly affect Vanguard Financials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vanguard Financials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Financials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Financials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Vanguard Financials 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vanguard Financials' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vanguard Financials.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Vanguard Financials on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Financials Index or generate 0.0% return on investment in Vanguard Financials over 30 days. Vanguard Financials is related to or competes with Vanguard Industrials, Vanguard Consumer, Vanguard Materials, Vanguard Health, and Vanguard Consumer. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More
Vanguard Financials Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vanguard Financials' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vanguard Financials Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7908 | |||
| Information Ratio | 0.1064 | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.72 |
Vanguard Financials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Financials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Financials' standard deviation. In reality, there are many statistical measures that can use Vanguard Financials historical prices to predict the future Vanguard Financials' volatility.| Risk Adjusted Performance | 0.1454 | |||
| Jensen Alpha | 0.0974 | |||
| Total Risk Alpha | 0.0773 | |||
| Sortino Ratio | 0.157 | |||
| Treynor Ratio | 0.1596 |
Vanguard Financials Index Backtested Returns
Vanguard Financials appears to be very steady, given 3 months investment horizon. Vanguard Financials Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vanguard Financials Index, which you can use to evaluate the volatility of the etf. Please review Vanguard Financials' Semi Deviation of 0.5532, risk adjusted performance of 0.1454, and Coefficient Of Variation of 531.22 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.31, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vanguard Financials will likely underperform.
Auto-correlation | 0.26 |
Poor predictability
Vanguard Financials Index has poor predictability. Overlapping area represents the amount of predictability between Vanguard Financials time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vanguard Financials Index price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Vanguard Financials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
Vanguard Financials Index lagged returns against current returns
Autocorrelation, which is Vanguard Financials etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vanguard Financials' etf expected returns. We can calculate the autocorrelation of Vanguard Financials returns to help us make a trade decision. For example, suppose you find that Vanguard Financials has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Vanguard Financials regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vanguard Financials etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Financials etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Financials etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Financials Lagged Returns
When evaluating Vanguard Financials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Financials etf have on its future price. Vanguard Financials autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vanguard Financials autocorrelation shows the relationship between Vanguard Financials etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Financials Index.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Vanguard Financials Index offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vanguard Financials' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vanguard Financials Index Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vanguard Financials Index Etf:Check out Vanguard Financials Correlation, Vanguard Financials Volatility and Vanguard Financials Alpha and Beta module to complement your research on Vanguard Financials. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Vanguard Financials technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.