Vanguard Growth Index Fund Market Value
| VIGRX Fund | USD 170.46 2.78 1.66% |
| Symbol | Vanguard |
Vanguard Growth '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 Growth'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 Growth.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Vanguard Growth on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Growth Index or generate 0.0% return on investment in Vanguard Growth over 30 days. Vanguard Growth is related to or competes with Vanguard International, Vanguard Explorer, Vanguard Windsor, Vanguard Growth, and Vanguard Windsor. The fund employs an indexing investment approach designed to track the performance of the index, a broadly diversified i... More
Vanguard Growth 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 Growth'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 Growth Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9843 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.47 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.57 |
Vanguard Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Growth's standard deviation. In reality, there are many statistical measures that can use Vanguard Growth historical prices to predict the future Vanguard Growth's volatility.| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0438 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Growth'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 Growth Index Backtested Returns
We consider Vanguard Growth very steady. Vanguard Growth Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0424, which indicates the fund had a 0.0424% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Vanguard Growth Index, which you can use to evaluate the volatility of the fund. Please validate Vanguard Growth's Semi Deviation of 0.9081, coefficient of variation of 1826.34, and Risk Adjusted Performance of 0.0378 to confirm if the risk estimate we provide is consistent with the expected return of 0.0457%. The entity has a beta of 1.08, which indicates a somewhat significant risk relative to the market. Vanguard Growth returns are very sensitive to returns on the market. As the market goes up or down, Vanguard Growth is expected to follow.
Auto-correlation | 0.55 |
Modest predictability
Vanguard Growth Index has modest predictability. Overlapping area represents the amount of predictability between Vanguard Growth time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Growth Index price movement. The serial correlation of 0.55 indicates that about 55.0% of current Vanguard Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 13.54 |
Vanguard Growth Index lagged returns against current returns
Autocorrelation, which is Vanguard Growth 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 Growth's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Growth returns to help us make a trade decision. For example, suppose you find that Vanguard Growth 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 Growth 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 Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Growth 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 Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Growth Lagged Returns
When evaluating Vanguard Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Growth mutual fund have on its future price. Vanguard Growth 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 Growth autocorrelation shows the relationship between Vanguard Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Growth Index.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Vanguard Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Vanguard Growth's short interest history, or implied volatility extrapolated from Vanguard Growth options trading.
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 Growth Correlation, Vanguard Growth Volatility and Vanguard Growth Alpha and Beta module to complement your research on Vanguard Growth. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Vanguard Growth 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.