Vanguard Sumer Staples Fund Market Value

VCSAX Fund  USD 100.48  0.99  1.00%   
Vanguard Sumer's market value is the price at which a share of Vanguard Sumer trades on a public exchange. It measures the collective expectations of Vanguard Sumer Staples investors about its performance. Vanguard Sumer is trading at 100.48 as of the 28th of March 2024; that is 1.00% increase since the beginning of the trading day. The fund's open price was 99.49.
With this module, you can estimate the performance of a buy and hold strategy of Vanguard Sumer Staples and determine expected loss or profit from investing in Vanguard Sumer over a given investment horizon. Check out Vanguard Sumer Correlation, Vanguard Sumer Volatility and Vanguard Sumer Alpha and Beta module to complement your research on Vanguard Sumer.
Symbol

Please note, there is a significant difference between Vanguard Sumer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Sumer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Sumer'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 Sumer '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 Sumer'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 Sumer.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Vanguard Sumer on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Sumer Staples or generate 0.0% return on investment in Vanguard Sumer over 30 days. Vanguard Sumer is related to or competes with State Farm, Kellanova, Bunge, BJs Wholesale, Colgate Palmolive, Dollar General, and Estee Lauder. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More

Vanguard Sumer 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 Sumer'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 Sumer Staples upside and downside potential and time the market with a certain degree of confidence.

Vanguard Sumer Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Sumer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Sumer's standard deviation. In reality, there are many statistical measures that can use Vanguard Sumer historical prices to predict the future Vanguard Sumer's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Sumer'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.
Hype
Prediction
LowEstimatedHigh
99.87100.48101.09
Details
Intrinsic
Valuation
LowRealHigh
98.9799.58110.53
Details
Naive
Forecast
LowNextHigh
99.55100.15100.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
98.8599.81100.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vanguard Sumer. Your research has to be compared to or analyzed against Vanguard Sumer's peers to derive any actionable benefits. When done correctly, Vanguard Sumer's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Vanguard Sumer Staples.

Vanguard Sumer Staples Backtested Returns

We consider Vanguard Sumer very steady. Vanguard Sumer Staples owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Sumer Staples, which you can use to evaluate the volatility of the fund. Please validate Vanguard Sumer's Risk Adjusted Performance of 0.1248, semi deviation of 0.3145, and Coefficient Of Variation of 447.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vanguard Sumer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Sumer is expected to be smaller as well.

Auto-correlation

    
  0.51  

Modest predictability

Vanguard Sumer Staples has modest predictability. Overlapping area represents the amount of predictability between Vanguard Sumer time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Sumer Staples price movement. The serial correlation of 0.51 indicates that about 51.0% of current Vanguard Sumer price fluctuation can be explain by its past prices.
Correlation Coefficient0.51
Spearman Rank Test0.51
Residual Average0.0
Price Variance0.39

Vanguard Sumer Staples lagged returns against current returns

Autocorrelation, which is Vanguard Sumer 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 Sumer's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Sumer returns to help us make a trade decision. For example, suppose you find that Vanguard Sumer 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 Sumer 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 Sumer mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Sumer 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 Sumer mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Vanguard Sumer Lagged Returns

When evaluating Vanguard Sumer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Sumer mutual fund have on its future price. Vanguard Sumer 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 Sumer autocorrelation shows the relationship between Vanguard Sumer mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Sumer Staples.
   Regressed Prices   
       Timeline  

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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.
Check out Vanguard Sumer Correlation, Vanguard Sumer Volatility and Vanguard Sumer Alpha and Beta module to complement your research on Vanguard Sumer.
Note that the Vanguard Sumer Staples information on this page should be used as a complementary analysis to other Vanguard Sumer's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Vanguard Mutual Fund analysis

When running Vanguard Sumer's price analysis, check to measure Vanguard Sumer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vanguard Sumer is operating at the current time. Most of Vanguard Sumer's value examination focuses on studying past and present price action to predict the probability of Vanguard Sumer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vanguard Sumer's price. Additionally, you may evaluate how the addition of Vanguard Sumer to your portfolios can decrease your overall portfolio volatility.
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Vanguard Sumer technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Vanguard Sumer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vanguard Sumer trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...