Vanguard Balanced Index Fund Market Value
| VBAIX Fund | USD 45.04 0.12 0.27% |
| Symbol | Vanguard |
Vanguard Balanced '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 Balanced'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 Balanced.
| 02/17/2024 |
| 04/17/2024 |
If you would invest 0.00 in Vanguard Balanced on February 17, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Balanced Index or generate 0.0% return on investment in Vanguard Balanced over 60 days. Vanguard Balanced is related to or competes with Vanguard Wellesley, Vanguard Total, Vanguard Growth, Vanguard Wellington, and Vanguard 500. The fund employs an indexing investment approach designed to track the performance of two benchmark indexes More
Vanguard Balanced 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 Balanced'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 Balanced Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5278 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.73 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.8281 |
Vanguard Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Balanced's standard deviation. In reality, there are many statistical measures that can use Vanguard Balanced historical prices to predict the future Vanguard Balanced's volatility.| Risk Adjusted Performance | 0.0385 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0325 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Balanced'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 Balanced Index Backtested Returns
We consider Vanguard Balanced very steady. Vanguard Balanced Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0779, which indicates the fund had a 0.0779% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Balanced Index, which you can use to evaluate the volatility of the fund. Please validate Vanguard Balanced's Risk Adjusted Performance of 0.0385, coefficient of variation of 1574.69, and Semi Deviation of 0.4752 to confirm if the risk estimate we provide is consistent with the expected return of 0.0429%. The entity has a beta of 0.76, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vanguard Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Balanced is expected to be smaller as well.
Auto-correlation | -0.1 |
Very weak reverse predictability
Vanguard Balanced Index has very weak reverse predictability. Overlapping area represents the amount of predictability between Vanguard Balanced time series from 17th of February 2024 to 18th of March 2024 and 18th of March 2024 to 17th of April 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 Balanced Index price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Vanguard Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Vanguard Balanced Index lagged returns against current returns
Autocorrelation, which is Vanguard Balanced 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 Balanced's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Balanced returns to help us make a trade decision. For example, suppose you find that Vanguard Balanced 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 Balanced 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 Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Balanced 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 Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Balanced Lagged Returns
When evaluating Vanguard Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Balanced mutual fund have on its future price. Vanguard Balanced 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 Balanced autocorrelation shows the relationship between Vanguard Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Balanced Index.
Regressed Prices |
| Timeline |
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Check out Vanguard Balanced Correlation, Vanguard Balanced Volatility and Vanguard Balanced Alpha and Beta module to complement your research on Vanguard Balanced. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Vanguard Balanced 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.