Vanguard Sp 500 Etf Price To Book
| VSP Etf | CAD 97.83 0.30 0.31% |
Vanguard SP 500 fundamentals help investors to digest information that contributes to Vanguard'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'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 etf.
Vanguard |
Vanguard SP 500 ETF Price To Book Analysis
Vanguard's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Vanguard SP 500 has a Price To Book of 0.0 times. This is 100.0% lower than that of the Vanguard Investments Canada Inc family and about the same as US Equity (which currently averages 0.0) category. The price to book for all Canada etfs is 100.0% higher than that of the company.
Vanguard Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vanguard's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Vanguard could also be used in its relative valuation, which is a method of valuing Vanguard by comparing valuation metrics of similar companies.Vanguard is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for Vanguard
The fund invests 99.97% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (0.01%) and various exotic instruments.Asset allocation divides Vanguard's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Vanguard Fundamentals
| Beta | 1.16 | |||
| Total Asset | 1.2 B | |||
| One Year Return | 31.60 % | |||
| Three Year Return | 9.20 % | |||
| Five Year Return | 14.10 % | |||
| Ten Year Return | 11.90 % | |||
| Net Asset | 1.2 B | |||
| Last Dividend Paid | 0.2 | |||
| Holdings Turnover | 24.32 % | |||
| Equity Positions Weight | 99.97 % | |||
| Bond Positions Weight | 0.01 % |
About Vanguard Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vanguard SP 500's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vanguard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vanguard SP 500 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.
Pair Trading with Vanguard
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with Vanguard Etf
| 1.0 | XSP | iShares Core SP | PairCorr |
| 0.98 | ZSP | BMO SP 500 | PairCorr |
| 0.98 | VFV | Vanguard SP 500 | PairCorr |
| 0.98 | HXS | Global X SP | PairCorr |
| 0.98 | XUS | iShares Core SP | PairCorr |
The ability to find closely correlated positions to Vanguard 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 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 - 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 SP 500 to buy it.
The correlation of Vanguard 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard SP 500 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 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 SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.