Vanguard Quality Factor Etf Statistic Functions Beta
| VFQY Etf | USD 147.98 0.14 0.09% |
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Vanguard Quality Factor correlated with the market. If Beta is less than 0 Vanguard Quality generally moves in the opposite direction as compared to the market. If Vanguard Quality Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Vanguard Quality Factor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Vanguard Quality is generally in the same direction as the market. If Beta > 1 Vanguard Quality moves generally in the same direction as, but more than the movement of the benchmark.
Vanguard Quality Technical Analysis Modules
Most technical analysis of Vanguard Quality help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Vanguard from various momentum indicators to cycle indicators. When you analyze Vanguard charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Vanguard Quality Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Vanguard Quality Factor. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vanguard Quality Factor based on widely used predictive technical indicators. In general, we focus on analyzing Vanguard Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vanguard Quality's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Vanguard Quality's intrinsic value. In addition to deriving basic predictive indicators for Vanguard Quality, we also check how macroeconomic factors affect Vanguard Quality price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Vanguard Quality Factor pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vanguard Quality position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vanguard Quality will appreciate offsetting losses from the drop in the long position's value.Vanguard Quality Pair Trading
Vanguard Quality Factor Pair Trading Analysis
The ability to find closely correlated positions to Vanguard Quality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vanguard Quality when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vanguard Quality - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vanguard Quality Factor to buy it.
The correlation of Vanguard Quality is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard Quality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Quality Factor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vanguard Quality can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Quality Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Vanguard Quality Factor 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 Quality's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Quality'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 Quality's market value can be influenced by many factors that don't directly affect Vanguard Quality'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 Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Quality'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.