Vanguard Australian Shares Etf Fundamentals
| VAS Etf | 104.87 0.20 0.19% |
Vanguard Australian Shares fundamentals help investors to digest information that contributes to Vanguard Australian's financial success or failures. It also enables traders to predict the movement of Vanguard Etf. The fundamental analysis module provides a way to measure Vanguard Australian's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Vanguard Australian etf.
Vanguard |
Vanguard Australian Shares ETF Beta Analysis
Vanguard Australian's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Vanguard Australian Beta | 1.01 |
Most of Vanguard Australian's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Vanguard Australian Shares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Vanguard Australian Shares has a Beta of 1.01. This is much higher than that of the family and significantly higher than that of the Equity Australia Large Blend category. The beta for all Australia etfs is notably lower than that of the firm.
Vanguard Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vanguard Australian's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Vanguard Australian could also be used in its relative valuation, which is a method of valuing Vanguard Australian by comparing valuation metrics of similar companies.Vanguard Australian is currently under evaluation in beta as compared to similar ETFs.
Vanguard Australian returns are very sensitive to returns on the market. As the market goes up or down, Vanguard Australian is expected to follow.
About Vanguard Australian Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vanguard Australian Shares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vanguard Australian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vanguard Australian Shares based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Vanguard Australian is entity of Australia. It is traded as Etf on AU exchange.
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Vanguard Etf
Vanguard Australian financial ratios help investors to determine whether Vanguard Etf 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 Australian security.