Vy Goldman Sachs Fund Market Value
| VGSBX Fund | USD 9.22 0.04 0.43% |
| Symbol | VGSBX |
Vy Goldman '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 Vy Goldman'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 Vy Goldman.
| 04/12/2024 |
| 05/12/2024 |
If you would invest 0.00 in Vy Goldman on April 12, 2024 and sell it all today you would earn a total of 0.00 from holding Vy Goldman Sachs or generate 0.0% return on investment in Vy Goldman over 30 days. Vy Goldman is related to or competes with Short Term, Wesmark Government, Ridgeworth Seix, and Us Government. Under normal market conditions, the fund invests at least 80 percent of its net assets in bonds and other fixed-income s... More
Vy Goldman 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 Vy Goldman'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 Vy Goldman Sachs upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.57 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 0.663 |
Vy Goldman Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vy Goldman's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vy Goldman's standard deviation. In reality, there are many statistical measures that can use Vy Goldman historical prices to predict the future Vy Goldman's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vy Goldman'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.
Vy Goldman Sachs Backtested Returns
Vy Goldman Sachs retains Efficiency (Sharpe Ratio) of -0.0537, which indicates the fund had a -0.0537% return per unit of price deviation over the last 3 months. Vy Goldman exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vy Goldman's Risk Adjusted Performance of (0.04), mean deviation of 0.4159, and Standard Deviation of 0.5303 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vy Goldman's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vy Goldman is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
Vy Goldman Sachs has poor reverse predictability. Overlapping area represents the amount of predictability between Vy Goldman time series from 12th of April 2024 to 27th of April 2024 and 27th of April 2024 to 12th 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 Vy Goldman Sachs price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Vy Goldman price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vy Goldman Sachs lagged returns against current returns
Autocorrelation, which is Vy Goldman 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 Vy Goldman's mutual fund expected returns. We can calculate the autocorrelation of Vy Goldman returns to help us make a trade decision. For example, suppose you find that Vy Goldman 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 |
Vy Goldman 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 Vy Goldman mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vy Goldman mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vy Goldman mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vy Goldman Lagged Returns
When evaluating Vy Goldman's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vy Goldman mutual fund have on its future price. Vy Goldman 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, Vy Goldman autocorrelation shows the relationship between Vy Goldman mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vy Goldman Sachs.
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.Check out Vy Goldman Correlation, Vy Goldman Volatility and Vy Goldman Alpha and Beta module to complement your research on Vy Goldman. Note that the Vy Goldman Sachs information on this page should be used as a complementary analysis to other Vy Goldman's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Vy Goldman technical mutual fund 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, fund market cycles, or different charting patterns.