Vanguard Industrials (Mexico) Market Value
| VIS Etf | MXN 5,721 260.38 4.77% |
| Symbol | Vanguard |
Vanguard Industrials '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 Industrials' 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 Industrials.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Vanguard Industrials on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Vanguard Industrials ETF or generate 0.0% return on investment in Vanguard Industrials over 720 days. Vanguard Industrials is related to or competes with Vanguard Index, Vanguard Index, Vanguard STAR, SPDR SP, IShares Trust, Invesco QQQ, and Vanguard Tax. The investment seeks to track the performance of a benchmark index More
Vanguard Industrials 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 Industrials' 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 Industrials ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1369 | |||
| Maximum Drawdown | 4.63 | |||
| Potential Upside | 3.82 |
Vanguard Industrials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Industrials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Industrials' standard deviation. In reality, there are many statistical measures that can use Vanguard Industrials historical prices to predict the future Vanguard Industrials' volatility.| Risk Adjusted Performance | 0.208 | |||
| Jensen Alpha | 0.2665 | |||
| Total Risk Alpha | 0.0962 | |||
| Treynor Ratio | 8.25 |
Vanguard Industrials ETF Backtested Returns
Vanguard Industrials appears to be very steady, given 3 months investment horizon. Vanguard Industrials ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the etf had a 0.28% return per unit of risk over the last 3 months. We have found twenty technical indicators for Vanguard Industrials ETF, which you can use to evaluate the volatility of the etf. Please review Vanguard Industrials' Coefficient Of Variation of 372.36, risk adjusted performance of 0.208, and Variance of 1.09 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.0328, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Industrials' returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Industrials is expected to be smaller as well.
Auto-correlation | -0.01 |
Very weak reverse predictability
Vanguard Industrials ETF has very weak reverse predictability. Overlapping area represents the amount of predictability between Vanguard Industrials time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Industrials ETF price movement. The serial correlation of -0.01 indicates that just 1.0% of current Vanguard Industrials price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 344.1 K |
Vanguard Industrials ETF lagged returns against current returns
Autocorrelation, which is Vanguard Industrials 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 Industrials' etf expected returns. We can calculate the autocorrelation of Vanguard Industrials returns to help us make a trade decision. For example, suppose you find that Vanguard Industrials 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 Industrials 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 Industrials etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Industrials etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Industrials etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Industrials Lagged Returns
When evaluating Vanguard Industrials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Industrials etf have on its future price. Vanguard Industrials 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 Industrials autocorrelation shows the relationship between Vanguard Industrials etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Industrials ETF.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Vanguard Etf
Vanguard Industrials 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 Industrials security.