Vanguard Long Term Investment Grade Fund Market Value
| VWESX Fund | USD 8.00 0.02 0.25% |
| Symbol | Vanguard |
Vanguard Long '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 Long'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 Long.
| 09/09/2024 |
| 10/09/2024 |
If you would invest 0.00 in Vanguard Long on September 9, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Long Term Investment Grade or generate 0.0% return on investment in Vanguard Long over 30 days. Vanguard Long is related to or competes with Vanguard Long, Vanguard Intermediate, Vanguard High, Vanguard Short, and Vanguard Intermediate. The fund invests in a variety of high-quality and, to a lesser extent, medium-quality fixed income securities, at least ... More
Vanguard Long 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 Long'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 Long Term Investment Grade upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5374 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 2.79 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 0.8986 |
Vanguard Long Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Long's standard deviation. In reality, there are many statistical measures that can use Vanguard Long historical prices to predict the future Vanguard Long's volatility.| Risk Adjusted Performance | 0.0932 | |||
| Jensen Alpha | 0.047 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.5329 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Long'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 Long Term Backtested Returns
At this stage we consider Vanguard Mutual Fund to be very steady. Vanguard Long Term owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0973, which indicates the fund had a 0.0973% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Vanguard Long Term Investment Grade, which you can use to evaluate the volatility of the fund. Please validate Vanguard Long's Semi Deviation of 0.4107, coefficient of variation of 841.89, and Risk Adjusted Performance of 0.0932 to confirm if the risk estimate we provide is consistent with the expected return of 0.0552%. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Long's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Long is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Vanguard Long Term Investment Grade has average predictability. Overlapping area represents the amount of predictability between Vanguard Long time series from 9th of September 2024 to 24th of September 2024 and 24th of September 2024 to 9th of October 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 Long Term price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Vanguard Long price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Vanguard Long Term lagged returns against current returns
Autocorrelation, which is Vanguard Long 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 Long's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Long returns to help us make a trade decision. For example, suppose you find that Vanguard Long 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 Long 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 Long mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Long 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 Long mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Long Lagged Returns
When evaluating Vanguard Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Long mutual fund have on its future price. Vanguard Long 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 Long autocorrelation shows the relationship between Vanguard Long mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Long Term Investment Grade.
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 Long 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 Long security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |