Vanguard World (Mexico) Market Value
| VFH Etf | MXN 1,675 47.00 2.89% |
| Symbol | Vanguard |
Vanguard World '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 World'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 World.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Vanguard World on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard World or generate 0.0% return on investment in Vanguard World over 30 days. Vanguard World is related to or competes with Vanguard Index, Vanguard Index, Vanguard STAR, Vanguard Charlotte, and Vanguard International. The investment seeks to track the performance of a benchmark index More
Vanguard World 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 World'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 World upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1075 | |||
| Maximum Drawdown | 3.88 | |||
| Value At Risk | (0.06) | |||
| Potential Upside | 1.41 |
Vanguard World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard World's standard deviation. In reality, there are many statistical measures that can use Vanguard World historical prices to predict the future Vanguard World's volatility.| Risk Adjusted Performance | 0.1303 | |||
| Jensen Alpha | 0.1006 | |||
| Total Risk Alpha | 0.0648 | |||
| Treynor Ratio | 1.34 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard World'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 World Backtested Returns
We consider Vanguard World very steady. Vanguard World owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the etf had a 0.19% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Vanguard World, which you can use to evaluate the volatility of the etf. Please validate Vanguard World's Variance of 0.2978, risk adjusted performance of 0.1303, and Coefficient Of Variation of 478.05 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of 0.0778, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard World's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard World is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Vanguard World has no correlation between past and present. Overlapping area represents the amount of predictability between Vanguard World time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th of April 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 World price movement. The serial correlation of 0.0 indicates that just 0.0% of current Vanguard World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vanguard World lagged returns against current returns
Autocorrelation, which is Vanguard World 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 World's etf expected returns. We can calculate the autocorrelation of Vanguard World returns to help us make a trade decision. For example, suppose you find that Vanguard World 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 World 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 World etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard World etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard World etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard World Lagged Returns
When evaluating Vanguard World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard World etf have on its future price. Vanguard World 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 World autocorrelation shows the relationship between Vanguard World etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard World.
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.Check out Vanguard World Correlation, Vanguard World Volatility and Vanguard World Alpha and Beta module to complement your research on Vanguard World. Note that the Vanguard World information on this page should be used as a complementary analysis to other Vanguard World'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Vanguard World 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.