Vanguard Large Cap Index Etf Market Value
| VV Etf | USD 278.03 0.69 0.25% |
| Symbol | Vanguard |
The market value of Vanguard Large Cap is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Large's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Large's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vanguard Large's market value can be influenced by many factors that don't directly affect Vanguard Large's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vanguard Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Vanguard Large '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 Large's etf 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 Large.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Vanguard Large on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Vanguard Large Cap Index or generate 0.0% return on investment in Vanguard Large over 720 days. Vanguard Large is related to or competes with Vanguard Mid, Vanguard Small, Vanguard Extended, Vanguard Small, and Vanguard Mid. The fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Index, a bro... More
Vanguard Large 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 Large's etf 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 Large Cap Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8652 | |||
| Information Ratio | 0.0102 | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.19 |
Vanguard Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Large's standard deviation. In reality, there are many statistical measures that can use Vanguard Large historical prices to predict the future Vanguard Large's volatility.| Risk Adjusted Performance | 0.1288 | |||
| Jensen Alpha | 0.0246 | |||
| Total Risk Alpha | 0.0046 | |||
| Sortino Ratio | 0.0093 | |||
| Treynor Ratio | 0.1431 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Large'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 Large Cap Backtested Returns
At this stage we consider Vanguard Etf to be very steady. Vanguard Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the etf had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vanguard Large Cap Index, which you can use to evaluate the volatility of the etf. Please validate Vanguard Large's Risk Adjusted Performance of 0.1288, coefficient of variation of 594.57, and Semi Deviation of 0.6947 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. Vanguard Large returns are very sensitive to returns on the market. As the market goes up or down, Vanguard Large is expected to follow.
Auto-correlation | 0.83 |
Very good predictability
Vanguard Large Cap Index has very good predictability. Overlapping area represents the amount of predictability between Vanguard Large time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Large Cap price movement. The serial correlation of 0.83 indicates that around 83.0% of current Vanguard Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 304.19 |
Vanguard Large Cap lagged returns against current returns
Autocorrelation, which is Vanguard Large etf'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 Large's etf expected returns. We can calculate the autocorrelation of Vanguard Large returns to help us make a trade decision. For example, suppose you find that Vanguard Large has exhibited high autocorrelation historically, and you observe that the etf 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 Large 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 Large etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Large etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Large etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Large Lagged Returns
When evaluating Vanguard Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Large etf have on its future price. Vanguard Large 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 Large autocorrelation shows the relationship between Vanguard Large etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Large Cap Index.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Vanguard Large Correlation, Vanguard Large Volatility and Vanguard Large Alpha and Beta module to complement your research on Vanguard Large. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Vanguard Large technical etf 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, etf market cycles, or different charting patterns.