Vanguard Star Correlations

VGSTX Fund

USD 27.79 0.07 0.25%

The current 90-days correlation between Vanguard Star and Vanguard Wellington Fund is 0.94 (i.e., Almost no diversification). The correlation of Vanguard Star 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Vanguard Star Correlation With Market

Poor diversification

The correlation between Vanguard Star Fund and DJI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vanguard Star Fund and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Star Fund. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with VANGUARD Mutual Fund

0.61	VMVAX	Vanguard Mid Cap	Pair Corr
0.69	VPCCX	Vanguard Primecap	Pair Corr
0.74	VQNPX	Vanguard Growth And	Pair Corr
0.95	VSCGX	Vanguard Lifestrategy	Pair Corr
0.64	VSEQX	Vanguard Strategic Equity	Pair Corr
0.99	VASGX	Vanguard Lifestrategy	Pair Corr
0.82	VASIX	Vanguard Lifestrategy	Pair Corr
0.66	VASVX	Vanguard Selected Value	Pair Corr
0.98	VSMGX	Vanguard Lifestrategy	Pair Corr
0.64	VSMPX	Vanguard Total Stock	Pair Corr
0.67	VSPVX	Vanguard Sp 500	Pair Corr

Moving against VANGUARD Mutual Fund

0.32	VSBIX	Vanguard Short Term	Pair Corr
0.31	VSBSX	Vanguard Short Term	Pair Corr

Related Correlations Analysis

	VWELX	VWINX	VWNFX	VGHCX	VEIPX
VWELX		-0.3	0.56	0.48	0.25	VWELX
VWINX	-0.3		0.23	0.23	0.63	VWINX
VWNFX	0.56	0.23		0.7	0.88	VWNFX
VGHCX	0.48	0.23	0.7		0.62	VGHCX
VEIPX	0.25	0.63	0.88	0.62		VEIPX
	VWELX	VWINX	VWNFX	VGHCX	VEIPX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

VEIPX	+ 0.88	VWNFX
VGHCX	+ 0.7	VWNFX
VEIPX	+ 0.63	VWINX
VEIPX	+ 0.62	VGHCX
VWNFX	+ 0.56	VWELX
VGHCX	+ 0.48	VWELX

High negative correlations

VWINX

- 0.3

VWELX

Risk-Adjusted Indicators

There is a big difference between VANGUARD Mutual Fund performing well and Vanguard Star 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 Star'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
VWELX	0.69	(0.13)	0.00	(0.25)	0.00	0.00	0.91	(1.37)	9.08
VWINX	0.29	0.03	0.18	0.04	0.38	(0.32)	0.64	(0.63)	1.73
VWNFX	0.77	(0.12)	0.00	(0.23)	0.00	0.00	1.17	(1.46)	10.66
VGHCX	0.77	(0.10)	0.00	(0.26)	0.00	0.00	1.49	(1.50)	8.17
VEIPX	0.72	(0.07)	0.00	(0.18)	0.00	0.00	1.11	(1.15)	9.15

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC