Vanguard Growth Index Etf Market Value
| VUG Etf | USD 415.91 5.41 1.32% |
| Symbol | Vanguard |
The market value of Vanguard Growth 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 Growth's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Growth'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 Growth's market value can be influenced by many factors that don't directly affect Vanguard Growth'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 Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Growth'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 Growth '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 Growth'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 Growth.
| 12/18/2024 |
| 01/17/2025 |
If you would invest 0.00 in Vanguard Growth on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Growth Index or generate 0.0% return on investment in Vanguard Growth over 30 days. Vanguard Growth is related to or competes with Vanguard Value, Vanguard Information, Vanguard Small, Vanguard Dividend, and Vanguard High. The fund employs an indexing investment approach designed to track the performance of the index, a broadly diversified i... More
Vanguard Growth 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 Growth'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 Growth Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.0764 | |||
| Maximum Drawdown | 5.83 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.66 |
Vanguard Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Growth's standard deviation. In reality, there are many statistical measures that can use Vanguard Growth historical prices to predict the future Vanguard Growth's volatility.| Risk Adjusted Performance | 0.0712 | |||
| Jensen Alpha | 0.0812 | |||
| Total Risk Alpha | 0.0848 | |||
| Sortino Ratio | 0.0685 | |||
| Treynor Ratio | 0.2882 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Growth'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 Growth Index Backtested Returns
At this point, Vanguard Growth is very steady. Vanguard Growth Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.086, which indicates the etf had a 0.086% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Growth Index, which you can use to evaluate the volatility of the etf. Please validate Vanguard Growth's Semi Deviation of 1.12, coefficient of variation of 1214.83, and Risk Adjusted Performance of 0.0712 to confirm if the risk estimate we provide is consistent with the expected return of 0.0979%. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Growth is expected to be smaller as well.
Auto-correlation | -0.07 |
Very weak reverse predictability
Vanguard Growth Index has very weak reverse predictability. Overlapping area represents the amount of predictability between Vanguard Growth time series from 18th of December 2024 to 2nd of January 2025 and 2nd of January 2025 to 17th of January 2025. 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 Growth Index price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Vanguard Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 24.81 |
Vanguard Growth Index lagged returns against current returns
Autocorrelation, which is Vanguard Growth 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 Growth's etf expected returns. We can calculate the autocorrelation of Vanguard Growth returns to help us make a trade decision. For example, suppose you find that Vanguard Growth 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 Growth 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 Growth etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Growth etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Growth etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Growth Lagged Returns
When evaluating Vanguard Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Growth etf have on its future price. Vanguard Growth 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 Growth autocorrelation shows the relationship between Vanguard Growth etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Growth Index.
Regressed Prices |
| Timeline |
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Check out Vanguard Growth Correlation, Vanguard Growth Volatility and Vanguard Growth Alpha and Beta module to complement your research on Vanguard Growth. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Vanguard Growth 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.