Vanguard Telecommunication Services Fund Market Value
| VTCAX Fund | USD 77.94 0.08 0.10% |
| Symbol | VANGUARD |
Vanguard Telecommunicatio '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 Telecommunicatio'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 Telecommunicatio.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Vanguard Telecommunicatio on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Telecommunication Services or generate 0.0% return on investment in Vanguard Telecommunicatio over 30 days. Vanguard Telecommunicatio is related to or competes with Vanguard Industrials, Vanguard Utilities, Vanguard Sumer, Vanguard Financials, and Vanguard Materials. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More
Vanguard Telecommunicatio 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 Telecommunicatio'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 Telecommunication Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9501 | |||
| Information Ratio | 0.0304 | |||
| Maximum Drawdown | 4.55 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.23 |
Vanguard Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Vanguard Telecommunicatio historical prices to predict the future Vanguard Telecommunicatio's volatility.| Risk Adjusted Performance | 0.1414 | |||
| Jensen Alpha | 0.0586 | |||
| Total Risk Alpha | 0.0119 | |||
| Sortino Ratio | 0.0274 | |||
| Treynor Ratio | 0.2011 |
Vanguard Telecommunicatio Backtested Returns
At this stage we consider VANGUARD Mutual Fund to be very steady. Vanguard Telecommunicatio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Telecommunication Services, which you can use to evaluate the volatility of the fund. Please validate Vanguard Telecommunicatio's Risk Adjusted Performance of 0.1414, semi deviation of 0.6987, and Coefficient Of Variation of 546.37 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vanguard Telecommunicatio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Telecommunicatio is expected to be smaller as well.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Vanguard Telecommunication Services has insignificant reverse predictability. Overlapping area represents the amount of predictability between Vanguard Telecommunicatio time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Telecommunicatio price movement. The serial correlation of -0.16 indicates that over 16.0% of current Vanguard Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Vanguard Telecommunicatio lagged returns against current returns
Autocorrelation, which is Vanguard Telecommunicatio 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 Telecommunicatio's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Vanguard Telecommunicatio 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 Telecommunicatio 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 Telecommunicatio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Telecommunicatio 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 Telecommunicatio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Telecommunicatio Lagged Returns
When evaluating Vanguard Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Telecommunicatio mutual fund have on its future price. Vanguard Telecommunicatio 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 Telecommunicatio autocorrelation shows the relationship between Vanguard Telecommunicatio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Telecommunication Services.
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 Telecommunicatio 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 Telecommunicatio security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |