Vanguard Multifactor Etf Market Value
| VFMF Etf | USD 130.44 6.05 4.43% |
| Symbol | Vanguard |
The market value of Vanguard Multifactor 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 Multifactor's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Multifactor'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 Multifactor's market value can be influenced by many factors that don't directly affect Vanguard Multifactor'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 Multifactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Multifactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Multifactor'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.
Vanguard Multifactor 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vanguard Multifactor's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vanguard Multifactor.
| 10/25/2023 |
| 12/18/2024 |
If you would invest 0.00 in Vanguard Multifactor on October 25, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Multifactor or generate 0.0% return on investment in Vanguard Multifactor over 420 days. Vanguard Multifactor is related to or competes with SPDR Portfolio, WBI Power, Global X, HUMANA, Barloworld, Morningstar Unconstrained, and Thrivent High. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S More
Vanguard Multifactor Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vanguard Multifactor's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vanguard Multifactor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6034 | |||
| Information Ratio | 0.0956 | |||
| Maximum Drawdown | 5.79 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 1.43 |
Vanguard Multifactor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Multifactor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Multifactor's standard deviation. In reality, there are many statistical measures that can use Vanguard Multifactor historical prices to predict the future Vanguard Multifactor's volatility.| Risk Adjusted Performance | 0.1023 | |||
| Jensen Alpha | 0.1042 | |||
| Total Risk Alpha | 0.0858 | |||
| Sortino Ratio | 0.1477 | |||
| Treynor Ratio | 0.5123 |
Vanguard Multifactor Backtested Returns
At this point, Vanguard Multifactor is very steady. Vanguard Multifactor owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0049, which indicates the etf had a 0.0049% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vanguard Multifactor, which you can use to evaluate the volatility of the etf. Please validate Vanguard Multifactor's Risk Adjusted Performance of 0.1023, coefficient of variation of 788.13, and Semi Deviation of 0.4433 to confirm if the risk estimate we provide is consistent with the expected return of 0.0052%. The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Multifactor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Multifactor is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
Vanguard Multifactor has good predictability. Overlapping area represents the amount of predictability between Vanguard Multifactor time series from 25th of October 2023 to 22nd of May 2024 and 22nd of May 2024 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vanguard Multifactor price movement. The serial correlation of 0.78 indicates that around 78.0% of current Vanguard Multifactor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 36.21 |
Vanguard Multifactor lagged returns against current returns
Autocorrelation, which is Vanguard Multifactor etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vanguard Multifactor's etf expected returns. We can calculate the autocorrelation of Vanguard Multifactor returns to help us make a trade decision. For example, suppose you find that Vanguard Multifactor has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Vanguard Multifactor regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vanguard Multifactor etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Multifactor etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Multifactor etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Multifactor Lagged Returns
When evaluating Vanguard Multifactor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Multifactor etf have on its future price. Vanguard Multifactor autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vanguard Multifactor autocorrelation shows the relationship between Vanguard Multifactor etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Multifactor.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Vanguard Multifactor is a strong investment it is important to analyze Vanguard Multifactor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vanguard Multifactor's future performance. For an informed investment choice regarding Vanguard Etf, refer to the following important reports:Check out Vanguard Multifactor Correlation, Vanguard Multifactor Volatility and Vanguard Multifactor Alpha and Beta module to complement your research on Vanguard Multifactor. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Vanguard Multifactor technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.