Vanguard Market Competition

VMNIX Fund

USD 14.04 0.04 0.28%

Vanguard Market Neutral competes with Rationalpier, Putnam Convertible, Absolute Convertible, Advent Claymore, and Calamos Dynamic; as well as few others. The fund is listed under Equity Market Neutral category and is part of Vanguard family. Analyzing Vanguard Market competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Vanguard Market to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Vanguard Market Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Vanguard Market competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
13.63	14.04	14.45

Details

Intrinsic

Valuation

Low	Real	High
13.66	14.07	14.48

Details

Vanguard Market Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Vanguard Market and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Vanguard and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Vanguard Market Neutral does not affect the price movement of the other competitor.

	PBXIX	PRCCX	ARBOX	AVK	CCD	GCV
PBXIX		0.98	0.87	0.81	-0.32	0.66	PBXIX
PRCCX	0.98		0.87	0.84	-0.35	0.68	PRCCX
ARBOX	0.87	0.87		0.63	-0.36	0.47	ARBOX
AVK	0.81	0.84	0.63		-0.39	0.85	AVK
CCD	-0.32	-0.35	-0.36	-0.39		-0.57	CCD
GCV	0.66	0.68	0.47	0.85	-0.57		GCV
	PBXIX	PRCCX	ARBOX	AVK	CCD	GCV

Click cells to compare fundamentals

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High positive correlations

PRCCX	+ 0.98	PBXIX
ARBOX	+ 0.87	PBXIX
ARBOX	+ 0.87	PRCCX
GCV	+ 0.85	AVK
AVK	+ 0.84	PRCCX
AVK	+ 0.81	PBXIX

High negative correlations

GCV	- 0.57	CCD
CCD	- 0.39	AVK
CCD	- 0.36	ARBOX
CCD	- 0.35	PRCCX
CCD	- 0.32	PBXIX

Risk-Adjusted Indicators

There is a big difference between Vanguard Mutual Fund performing well and Vanguard Market Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Vanguard Market's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PBXIX	0.32	0.01	(0.09)	0.12	0.24	(0.42)	0.87	(0.53)	2.27
PRCCX	0.39	0.07	0.07	0.23	0.05	(0.49)	0.98	(0.64)	2.27
ARBOX	0.06	(0.01)	0.00	(0.09)	0.00	0.00	0.09	(0.09)	1.48
AVK	0.60	0.12	0.08	0.62	0.46	(0.76)	1.44	(0.87)	5.21
CCD	0.74	0.01	(0.04)	0.13	0.89	(0.80)	1.90	(1.69)	4.83
GCV	0.76	0.01	(0.04)	0.14	1.10	(0.75)	1.57	(1.59)	3.77

Unable to evaluate fundamental data of [PBXIX, PRCCX, ARBOX, AVK, CCD, GCV] at this time. Please try again later

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Vanguard Market Competitive Analysis

The better you understand Vanguard Market competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Vanguard Market's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Vanguard Market's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	VMNIX	PBXIX	PRCCX	ARBOX	AVK	CCD	GCV
	0.28 14.04 Vanguard	0.52 11.41 Rationalpier	0.15 25.89 Putnam	0.09 11.37 Absolute	1.05 12.23 Advent	1.47 24.11 Calamos	0.77 3.94 Gabelli
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Somewhat reliable
Market Performance (90 Days Performance)	Very Weak	OK	Solid	Weak	Good	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Hold	Strong Buy	Cautious Hold	Buy	Cautious Hold	Cautious Hold
Net Asset	477.4 M	99.14 M	628.15 M	984.69 M	N/A	N/A	N/A
Minimum Initial Investment	5 M	N/A	N/A	N/A	N/A	N/A	N/A
Price To Book	1.81 X	N/A	2.23 X	N/A	0.74 X	N/A	0.78 X
Five Year Return	8.08 %	5.85 %	9.23 %	N/A	5.71 %	10.10 %	3.71 %
One Year Return	8.36 %	11.73 %	22.73 %	N/A	16.18 %	18.08 %	18.14 %
Last Dividend Paid	N/A	0.04	0.03	N/A	1.41	2.34	0.53
Price To Earning	14.11 X	N/A	1.71 X	N/A	10.66 X	2.31 X	3.39 X
Beta	N/A	N/A	N/A	N/A	1.28	1.3	1.0
Price To Sales	0.73 X	N/A	1.80 X	N/A	15.81 X	N/A	51.52 X
Cash Position Weight	51.14 %	4.03 %	5.86 %	45.81 %	N/A	N/A	N/A
Equity Positions Weight	48.86 %	22.96 %	6.44 %	(34.50) %	N/A	N/A	N/A
Three Year Return	12.02 %	1.20 %	1.66 %	N/A	(0.30) %	(1.92) %	(3.43) %
Annual Yield	0.05 %	0.02 %	0.01 %	0.03 %	0.01 %	0.01 %	0.02 %
Year To Date Return	7.04 %	10.14 %	16.72 %	N/A	11.09 %	14.22 %	15.74 %
Ten Year Return	0.31 %	N/A	8.54 %	N/A	N/A	N/A	N/A
Day Typical Price	14.04	11.41	25.89	11.37	12.21	24.06	3.93
Accumulation Distribution	N/A	N/A	N/A	N/A	0.0227	0.007	0.0252
Market Facilitation Index	N/A	N/A	N/A	N/A	0.28	0.17	0.1
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(0.46)	2.058824	0.3
Period Momentum Indicator	(0.04)	(0.06)	(0.04)	0.01	(0.13)	0.35	0.03
Rate Of Daily Change	1.0	0.99	1.0	1.0	0.99	1.01	1.01
Day Median Price	14.04	11.41	25.89	11.37	12.2	24.04	3.92
Price Action Indicator	(0.02)	(0.03)	(0.02)	0.005	(0.04)	0.25	0.035
Coefficient Of Variation	(7,282)	701.9	384.82	2512.26	526.07	1836.31	2272.61
Mean Deviation	0.2928	0.323	0.3917	0.0565	0.5963	0.7419	0.7649
Jensen Alpha	(0.03)	0.011	0.0716	(0.01)	0.1235	0.0144	0.0113
Total Risk Alpha	(0.07)	(0)	0.0562	(0.02)	0.0434	(0.08)	(0.09)
Sortino Ratio	N/A	(0.09)	0.0667	N/A	0.0812	(0.04)	(0.04)
Downside Variance	N/A	0.1807	0.161	N/A	0.4462	1.05	1.65
Standard Deviation	0.4102	0.4246	0.4882	0.1714	0.8119	1.01	0.9971
Kurtosis	2.09	0.5371	(0.24)	54.44	2.66	0.3151	0.5836
Potential Upside	0.6374	0.8734	0.9769	0.0882	1.44	1.9	1.57
Treynor Ratio	(0.10)	0.1154	0.2326	(0.09)	0.6238	0.1326	0.1351
Maximum Drawdown	2.27	2.27	2.27	1.48	5.21	4.83	3.77
Variance	0.1683	0.1803	0.2384	0.0294	0.6592	1.01	0.9942
Market Risk Adjusted Performance	(0.09)	0.1254	0.2426	(0.08)	0.6338	0.1426	0.1451
Risk Adjusted Performance	(0.02)	0.0962	0.1836	(0)	0.1389	0.0423	0.0346
Skewness	0.2523	0.3195	0.1715	(7.04)	0.3982	0.0388	(0.65)
Semi Deviation	N/A	0.2378	0.0522	N/A	0.4625	0.8851	1.1
Information Ratio	(0.26)	(0.09)	0.0548	(0.54)	0.0668	(0.04)	(0.06)
Value At Risk	(0.62)	(0.53)	(0.64)	(0.09)	(0.87)	(1.69)	(1.59)
Expected Short fall	N/A	(0.42)	(0.49)	N/A	(0.76)	(0.80)	(0.75)
Downside Deviation	N/A	0.4251	0.4012	N/A	0.668	1.02	1.28
Semi Variance	N/A	0.0566	0.0027	N/A	0.2139	0.7835	1.21

Vanguard Market Competition Performance Charts

Five steps to successful analysis of Vanguard Market Competition

Vanguard Market's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Vanguard Market Neutral in relation to its competition. Vanguard Market's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Vanguard Market in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Vanguard Market's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Vanguard Market Neutral, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Vanguard Market position

In addition to having Vanguard Market in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Railroads Thematic Idea Now

Railroads

Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 46 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Railroads Theme or any other thematic opportunities.

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Other Information on Investing in Vanguard Mutual Fund

Vanguard Market financial ratios help investors to determine whether Vanguard Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vanguard with respect to the benefits of owning Vanguard Market security.

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