Vanguard Information Technology Fund Market Value
| VITAX Fund | USD 318.67 3.01 0.95% |
| Symbol | Vanguard |
Vanguard Information '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 Information's mutual fund 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 Information.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Vanguard Information on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Information Technology or generate 0.0% return on investment in Vanguard Information over 30 days. Vanguard Information is related to or competes with Vanguard Health, Vanguard Financials, Vanguard Consumer, Vanguard Utilities, and Vanguard Industrials. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More
Vanguard Information 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 Information's mutual fund 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 Information Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.0061 | |||
| Maximum Drawdown | 6.25 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 1.98 |
Vanguard Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Information's standard deviation. In reality, there are many statistical measures that can use Vanguard Information historical prices to predict the future Vanguard Information's volatility.| Risk Adjusted Performance | 0.0881 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0051 | |||
| Treynor Ratio | 0.121 |
Vanguard Information Backtested Returns
Vanguard Information appears to be very steady, given 3 months investment horizon. Vanguard Information owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Information Technology, which you can use to evaluate the volatility of the fund. Please review Vanguard Information's Semi Deviation of 1.36, coefficient of variation of 911.93, and Risk Adjusted Performance of 0.0881 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. Vanguard Information returns are very sensitive to returns on the market. As the market goes up or down, Vanguard Information is expected to follow.
Auto-correlation | 0.91 |
Excellent predictability
Vanguard Information Technology has excellent predictability. Overlapping area represents the amount of predictability between Vanguard Information time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Information price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Vanguard Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 12.76 |
Vanguard Information lagged returns against current returns
Autocorrelation, which is Vanguard Information mutual fund'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 Information's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Information returns to help us make a trade decision. For example, suppose you find that Vanguard Information has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Information 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 Information mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Information mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Information mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Information Lagged Returns
When evaluating Vanguard Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Information mutual fund have on its future price. Vanguard Information 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 Information autocorrelation shows the relationship between Vanguard Information mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Information Technology.
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 Mutual Fund
Vanguard Information financial ratios help investors to determine whether Vanguard Mutual Fund 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 Information security.
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