Vanguard Minimum Volatility Etf Market Value
| VFMV Etf | USD 108.69 0.28 0.26% |
| Symbol | Vanguard |
The market value of Vanguard Minimum Vol 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 Minimum's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Minimum'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 Minimum's market value can be influenced by many factors that don't directly affect Vanguard Minimum'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 Minimum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Minimum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Minimum'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 Minimum '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 Minimum'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 Minimum.
| 05/14/2022 |
| 05/03/2024 |
If you would invest 0.00 in Vanguard Minimum on May 14, 2022 and sell it all today you would earn a total of 0.00 from holding Vanguard Minimum Volatility or generate 0.0% return on investment in Vanguard Minimum over 720 days. Vanguard Minimum is related to or competes with Vanguard Quality, Vanguard Momentum, Vanguard Multifactor, Vanguard Value, and Vanguard Russell. The fund invests primarily in a group of U.S More
Vanguard Minimum 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 Minimum'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 Minimum Volatility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.54 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.11 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.8613 |
Vanguard Minimum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Minimum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Minimum's standard deviation. In reality, there are many statistical measures that can use Vanguard Minimum historical prices to predict the future Vanguard Minimum's volatility.| Risk Adjusted Performance | 0.059 | |||
| Jensen Alpha | 0.0341 | |||
| Total Risk Alpha | 0.003 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4152 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Minimum'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 Minimum Vol Backtested Returns
We consider Vanguard Minimum very steady. Vanguard Minimum Vol owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0961, which indicates the etf had a 0.0961% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vanguard Minimum Volatility, which you can use to evaluate the volatility of the etf. Please validate Vanguard Minimum's Coefficient Of Variation of 1040.76, risk adjusted performance of 0.059, and Semi Deviation of 0.4328 to confirm if the risk estimate we provide is consistent with the expected return of 0.0482%. The entity has a beta of 0.0921, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Minimum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Minimum is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Vanguard Minimum Volatility has average predictability. Overlapping area represents the amount of predictability between Vanguard Minimum time series from 14th of May 2022 to 9th of May 2023 and 9th of May 2023 to 3rd of May 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 Minimum Vol price movement. The serial correlation of 0.46 indicates that about 46.0% of current Vanguard Minimum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 26.65 |
Vanguard Minimum Vol lagged returns against current returns
Autocorrelation, which is Vanguard Minimum 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 Minimum's etf expected returns. We can calculate the autocorrelation of Vanguard Minimum returns to help us make a trade decision. For example, suppose you find that Vanguard Minimum 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 Minimum 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 Minimum etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Minimum etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Minimum etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Minimum Lagged Returns
When evaluating Vanguard Minimum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Minimum etf have on its future price. Vanguard Minimum 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 Minimum autocorrelation shows the relationship between Vanguard Minimum etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Minimum Volatility.
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.When determining whether Vanguard Minimum Vol is a strong investment it is important to analyze Vanguard Minimum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vanguard Minimum's future performance. For an informed investment choice regarding Vanguard Etf, refer to the following important reports:Check out Vanguard Minimum Correlation, Vanguard Minimum Volatility and Vanguard Minimum Alpha and Beta module to complement your research on Vanguard Minimum. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Vanguard Minimum 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.