Vanguard Core Plus Etf Market Value
| VPLS Etf | 76.37 0.55 0.72% |
| Symbol | Vanguard |
The market value of Vanguard Core Plus 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 Core's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Core's 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 Core's market value can be influenced by many factors that don't directly affect Vanguard Core's 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 Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Core's 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 Core '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 Core's 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 Core.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Vanguard Core on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Core Plus or generate 0.0% return on investment in Vanguard Core over 30 days. Vanguard Core is related to or competes with First Trust, SPDR DoubleLine, and Vident Core. Vanguard Core is entity of United States More
Vanguard Core 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 Core's 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 Core Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.3228 |
Vanguard Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Core's standard deviation. In reality, there are many statistical measures that can use Vanguard Core historical prices to predict the future Vanguard Core's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.83) |
Vanguard Core Plus Backtested Returns
Vanguard Core Plus owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the etf had a -0.16% return per unit of risk over the last 3 months. Vanguard Core Plus exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard Core's Risk Adjusted Performance of (0.13), variance of 0.072, and Coefficient Of Variation of (740.46) to confirm the risk estimate we provide. The entity has a beta of 0.0555, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Core is expected to be smaller as well.
Auto-correlation | -0.89 |
Excellent reverse predictability
Vanguard Core Plus has excellent reverse predictability. Overlapping area represents the amount of predictability between Vanguard Core time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Core Plus price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Vanguard Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Vanguard Core Plus lagged returns against current returns
Autocorrelation, which is Vanguard Core 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 Core's etf expected returns. We can calculate the autocorrelation of Vanguard Core returns to help us make a trade decision. For example, suppose you find that Vanguard Core 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 Core 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 Core etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Core etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Core etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Core Lagged Returns
When evaluating Vanguard Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Core etf have on its future price. Vanguard Core 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 Core autocorrelation shows the relationship between Vanguard Core etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Core Plus.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Vanguard Core Correlation, Vanguard Core Volatility and Vanguard Core Alpha and Beta module to complement your research on Vanguard Core. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Vanguard Core 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.