Vanguard Ultra Short Bond Etf Market Value
| VUSB Etf | USD 49.74 0.01 0.02% |
| Symbol | Vanguard |
The market value of Vanguard Ultra Short 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect Vanguard Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Ultra'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 Ultra '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 Ultra'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 Ultra.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in Vanguard Ultra on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Ultra Short Bond or generate 0.0% return on investment in Vanguard Ultra over 180 days. Vanguard Ultra is related to or competes with Vanguard Short, IShares Ultra, JPMorgan Ultra, Vanguard Tax, and Vanguard Total. The fund invests in a diversified portfolio of high-quality and, to a lesser extent, medium-quality fixed income securit... More
Vanguard Ultra 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 Ultra'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 Ultra Short Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0369 | |||
| Information Ratio | (0.78) | |||
| Maximum Drawdown | 0.1825 | |||
| Value At Risk | (0.04) | |||
| Potential Upside | 0.0809 |
Vanguard Ultra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Ultra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Ultra's standard deviation. In reality, there are many statistical measures that can use Vanguard Ultra historical prices to predict the future Vanguard Ultra's volatility.| Risk Adjusted Performance | 0.0793 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | 0.0017 | |||
| Sortino Ratio | (0.85) | |||
| Treynor Ratio | 1.83 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Ultra's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vanguard Ultra Short Backtested Returns
At this point, Vanguard Ultra is very steady. Vanguard Ultra Short owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Ultra Short Bond, which you can use to evaluate the volatility of the etf. Please validate Vanguard Ultra's Risk Adjusted Performance of 0.0793, downside deviation of 0.0369, and Standard Deviation of 0.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.008%. The entity has a beta of 0.0019, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Ultra is expected to be smaller as well.
Auto-correlation | 0.96 |
Excellent predictability
Vanguard Ultra Short Bond has excellent predictability. Overlapping area represents the amount of predictability between Vanguard Ultra time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 Ultra Short price movement. The serial correlation of 0.96 indicates that 96.0% of current Vanguard Ultra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.96 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Vanguard Ultra Short lagged returns against current returns
Autocorrelation, which is Vanguard Ultra 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 Ultra's etf expected returns. We can calculate the autocorrelation of Vanguard Ultra returns to help us make a trade decision. For example, suppose you find that Vanguard Ultra 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 Ultra 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 Ultra etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Ultra etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Ultra etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Ultra Lagged Returns
When evaluating Vanguard Ultra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Ultra etf have on its future price. Vanguard Ultra 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 Ultra autocorrelation shows the relationship between Vanguard Ultra etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Ultra Short Bond.
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.When determining whether Vanguard Ultra Short offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vanguard Ultra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vanguard Ultra Short Bond Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vanguard Ultra Short Bond Etf:Check out Vanguard Ultra Correlation, Vanguard Ultra Volatility and Vanguard Ultra Alpha and Beta module to complement your research on Vanguard Ultra. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Vanguard Ultra 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.