Vanguard International Explorer Fund Market Value
| VINEX Fund | USD 17.22 0.07 0.40% |
| Symbol | VANGUARD |
Vanguard International '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 International'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 International.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Vanguard International on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard International Explorer or generate 0.0% return on investment in Vanguard International over 30 days. Vanguard International is related to or competes with Vanguard International, Vanguard Selected, Vanguard Global, Vanguard Capital, and Vanguard Strategic. The fund invests primarily in the equity securities of small-capitalization companies located in numerous countries outs... More
Vanguard International 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 International'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 International Explorer upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 4.36 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.19 |
Vanguard International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard International's standard deviation. In reality, there are many statistical measures that can use Vanguard International historical prices to predict the future Vanguard International's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard International'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 International Backtested Returns
Vanguard International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0943, which indicates the fund had a -0.0943% return per unit of risk over the last 3 months. Vanguard International Explorer exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard International's Risk Adjusted Performance of (0.07), coefficient of variation of (1,047), and Variance of 0.702 to confirm the risk estimate we provide. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vanguard International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard International is expected to be smaller as well.
Auto-correlation | 0.33 |
Below average predictability
Vanguard International Explorer has below average predictability. Overlapping area represents the amount of predictability between Vanguard International time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 International price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Vanguard International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Vanguard International lagged returns against current returns
Autocorrelation, which is Vanguard International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Vanguard International returns to help us make a trade decision. For example, suppose you find that Vanguard International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard International Lagged Returns
When evaluating Vanguard International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard International mutual fund have on its future price. Vanguard International 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 International autocorrelation shows the relationship between Vanguard International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard International Explorer.
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 International 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 International security.
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