Vanguard Selected Value Fund Market Value
| VASVX Fund | USD 29.37 0.13 0.44% |
| Symbol | Vanguard |
Vanguard Selected '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 Selected'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 Selected.
| 11/08/2023 |
| 05/06/2024 |
If you would invest 0.00 in Vanguard Selected on November 8, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Selected Value or generate 0.0% return on investment in Vanguard Selected over 180 days. Vanguard Selected is related to or competes with Vanguard Small-cap, Vanguard Mid-cap, Vanguard Value, Vanguard Small, and Vanguard Small-cap. The fund invests mainly in the stocks of mid-size U.S More
Vanguard Selected 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 Selected'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 Selected Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0231 | |||
| Maximum Drawdown | 17.56 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.55 |
Vanguard Selected Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Selected's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Selected's standard deviation. In reality, there are many statistical measures that can use Vanguard Selected historical prices to predict the future Vanguard Selected's volatility.| Risk Adjusted Performance | 0.0494 | |||
| Jensen Alpha | 0.0181 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0258 | |||
| Treynor Ratio | 0.0549 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Selected'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 Selected Value Backtested Returns
We consider Vanguard Selected very steady. Vanguard Selected Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0771, which indicates the fund had a 0.0771% return per unit of risk over the last 12 months. We have found twenty-seven technical indicators for Vanguard Selected Value, which you can use to evaluate the volatility of the fund. Please validate Vanguard Selected's Risk Adjusted Performance of 0.0494, coefficient of variation of 1541.25, and Semi Deviation of 0.9866 to confirm if the risk estimate we provide is consistent with the expected return of 0.0932%. The entity has a beta of 1.24, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vanguard Selected will likely underperform.
Auto-correlation | 0.55 |
Modest predictability
Vanguard Selected Value has modest predictability. Overlapping area represents the amount of predictability between Vanguard Selected time series from 8th of November 2023 to 6th of February 2024 and 6th of February 2024 to 6th 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 Selected Value price movement. The serial correlation of 0.55 indicates that about 55.0% of current Vanguard Selected price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Vanguard Selected Value lagged returns against current returns
Autocorrelation, which is Vanguard Selected 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 Selected's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Selected returns to help us make a trade decision. For example, suppose you find that Vanguard Selected 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 Selected 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 Selected mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Selected 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 Selected mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Selected Lagged Returns
When evaluating Vanguard Selected's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Selected mutual fund have on its future price. Vanguard Selected 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 Selected autocorrelation shows the relationship between Vanguard Selected mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Selected Value.
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 Vanguard Selected Correlation, Vanguard Selected Volatility and Vanguard Selected Alpha and Beta module to complement your research on Vanguard Selected. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Vanguard Selected 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.