Vanguard Star Fund Market Value
| VGSTX Fund | USD 29.87 0.14 0.47% |
| Symbol | Vanguard |
Vanguard Star '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 Star's mutual fund 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 Star.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Vanguard Star on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Vanguard Star Fund or generate 0.0% return on investment in Vanguard Star over 720 days. Vanguard Star is related to or competes with Vanguard Wellington, Vanguard Wellesley, Vanguard Windsor, Vanguard Health, and Vanguard Equity. As a fund of funds, the fund invests in a diversified portfolio of other Vanguard mutual funds rather than in individual... More
Vanguard Star 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 Star's mutual fund 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 Star Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5769 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 2.22 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 0.7799 |
Vanguard Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Star's standard deviation. In reality, there are many statistical measures that can use Vanguard Star historical prices to predict the future Vanguard Star's volatility.| Risk Adjusted Performance | 0.0625 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.0694 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Star's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vanguard Star Backtested Returns
At this stage we consider Vanguard Mutual Fund to be very steady. Vanguard Star owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Star Fund, which you can use to evaluate the volatility of the fund. Please validate Vanguard Star's Risk Adjusted Performance of 0.0625, semi deviation of 0.4498, and Coefficient Of Variation of 1120.13 to confirm if the risk estimate we provide is consistent with the expected return of 0.0559%. The entity has a beta of 0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vanguard Star's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Star is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Vanguard Star Fund has average predictability. Overlapping area represents the amount of predictability between Vanguard Star time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Star price movement. The serial correlation of 0.46 indicates that about 46.0% of current Vanguard Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 1.24 |
Vanguard Star lagged returns against current returns
Autocorrelation, which is Vanguard Star mutual fund'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 Star's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Star returns to help us make a trade decision. For example, suppose you find that Vanguard Star has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Star 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 Star mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Star mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Star mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Star Lagged Returns
When evaluating Vanguard Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Star mutual fund have on its future price. Vanguard Star 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 Star autocorrelation shows the relationship between Vanguard Star mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Star Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Vanguard Mutual Fund
Vanguard Star financial ratios help investors to determine whether Vanguard Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vanguard with respect to the benefits of owning Vanguard Star security.
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