Vanguard Tax Managed Small Cap Fund Market Value
| VTMSX Fund | USD 91.18 0.21 0.23% |
| Symbol | Vanguard |
Vanguard Tax-managed '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 Tax-managed'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 Tax-managed.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Vanguard Tax-managed on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Vanguard Tax Managed Small Cap or generate 0.0% return on investment in Vanguard Tax-managed over 90 days. Vanguard Tax-managed is related to or competes with Vanguard Tax, Vanguard Developed, Vanguard Tax-managed, Vanguard Small-cap, and Vanguard Strategic. The fund purchases stocks included in the SP SmallCap 600 Index an index that is made up of the stocks of small-capitali... More
Vanguard Tax-managed 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 Tax-managed'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 Tax Managed Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.0483 | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.28 |
Vanguard Tax-managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Tax-managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Tax-managed's standard deviation. In reality, there are many statistical measures that can use Vanguard Tax-managed historical prices to predict the future Vanguard Tax-managed's volatility.| Risk Adjusted Performance | 0.1796 | |||
| Jensen Alpha | 0.256 | |||
| Total Risk Alpha | 0.0017 | |||
| Sortino Ratio | 0.053 | |||
| Treynor Ratio | (1.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Tax-managed'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 Tax Managed Backtested Returns
At this stage we consider Vanguard Mutual Fund to be very steady. Vanguard Tax Managed owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Tax Managed Small Cap, which you can use to evaluate the volatility of the fund. Please validate Vanguard Tax-managed's Semi Deviation of 0.9199, coefficient of variation of 509.4, and Risk Adjusted Performance of 0.1796 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard Tax-managed are expected to decrease at a much lower rate. During the bear market, Vanguard Tax-managed is likely to outperform the market.
Auto-correlation | 0.66 |
Good predictability
Vanguard Tax Managed Small Cap has good predictability. Overlapping area represents the amount of predictability between Vanguard Tax-managed time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. 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 Tax Managed price movement. The serial correlation of 0.66 indicates that around 66.0% of current Vanguard Tax-managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 4.04 |
Vanguard Tax Managed lagged returns against current returns
Autocorrelation, which is Vanguard Tax-managed 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 Tax-managed's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Tax-managed returns to help us make a trade decision. For example, suppose you find that Vanguard Tax-managed 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 Tax-managed 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 Tax-managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Tax-managed 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 Tax-managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Tax-managed Lagged Returns
When evaluating Vanguard Tax-managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Tax-managed mutual fund have on its future price. Vanguard Tax-managed 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 Tax-managed autocorrelation shows the relationship between Vanguard Tax-managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Tax Managed Small Cap.
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.Other Information on Investing in Vanguard Mutual Fund
Vanguard Tax-managed 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 Tax-managed security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |