Vanguard Tax Exempt Bond Etf Performance
| VTEB Etf | USD 49.76 0.03 0.06% |
The entity has a beta of 0.0571, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Tax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Tax is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Vanguard Tax Exempt Bond has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong technical and fundamental indicators, Vanguard Tax is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.44 |
Vanguard |
Vanguard Tax Relative Risk vs. Return Landscape
If you would invest 5,003 in Vanguard Tax Exempt Bond on December 17, 2024 and sell it today you would lose (27.00) from holding Vanguard Tax Exempt Bond or give up 0.54% of portfolio value over 90 days. Vanguard Tax Exempt Bond is currently does not generate positive expected returns and assumes 0.2421% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than Vanguard, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Vanguard Tax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Tax's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Vanguard Tax Exempt Bond, and traders can use it to determine the average amount a Vanguard Tax's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0361
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VTEB |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vanguard Tax is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Vanguard Tax by adding Vanguard Tax to a well-diversified portfolio.
Vanguard Tax Fundamentals Growth
Vanguard Etf prices reflect investors' perceptions of the future prospects and financial health of Vanguard Tax, and Vanguard Tax fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Vanguard Etf performance.
| Total Asset | 19.1 B | |||
About Vanguard Tax Performance
By analyzing Vanguard Tax's fundamental ratios, stakeholders can gain valuable insights into Vanguard Tax's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Vanguard Tax has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Vanguard Tax has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
This index includes municipal bonds from issuers that are primarily state or local governments or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax . Tax-Exempt Bond is traded on NYSEARCA Exchange in the United States.| Vanguard Tax Exempt generated a negative expected return over the last 90 days | |
| The fund keeps most of the net assets in exotic instruments. |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Tax Exempt Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Vanguard Tax Exempt 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 Tax's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Tax'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 Tax's market value can be influenced by many factors that don't directly affect Vanguard Tax'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 Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Tax'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.