Vanguard International (Mexico) Market Value
| VT Etf | MXN 1,810 18.22 1.02% |
| Symbol | Vanguard |
Vanguard International '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 International'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 International.
| 01/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Vanguard International on January 24, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard International Equity or generate 0.0% return on investment in Vanguard International over 90 days. Vanguard International is related to or competes with Vanguard Specialized, Vanguard Charlotte, Vanguard World, Vanguard Index, Vanguard Industrials, Vanguard Scottsdale, and Vanguard Bond. The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of comp... More
Vanguard International 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 International'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 International Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.55 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.93 |
Vanguard International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard International's standard deviation. In reality, there are many statistical measures that can use Vanguard International historical prices to predict the future Vanguard International's volatility.| Risk Adjusted Performance | 0.0419 | |||
| Jensen Alpha | 0.0658 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard International'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 International Backtested Returns
We consider Vanguard International very steady. Vanguard International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0315, which indicates the etf had a 0.0315% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Vanguard International Equity, which you can use to evaluate the volatility of the etf. Please validate Vanguard International's Risk Adjusted Performance of 0.0419, semi deviation of 0.9364, and Coefficient Of Variation of 1624.65 to confirm if the risk estimate we provide is consistent with the expected return of 0.0327%. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard International are expected to decrease at a much lower rate. During the bear market, Vanguard International is likely to outperform the market.
Auto-correlation | -0.63 |
Very good reverse predictability
Vanguard International Equity has very good reverse predictability. Overlapping area represents the amount of predictability between Vanguard International time series from 24th of January 2024 to 9th of March 2024 and 9th of March 2024 to 23rd 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 International price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Vanguard International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 574.99 |
Vanguard International lagged returns against current returns
Autocorrelation, which is Vanguard International 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 International's etf expected returns. We can calculate the autocorrelation of Vanguard International returns to help us make a trade decision. For example, suppose you find that Vanguard International 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 International 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 International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard International etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard International Lagged Returns
When evaluating Vanguard International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard International etf have on its future price. Vanguard International 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 International autocorrelation shows the relationship between Vanguard International etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard International Equity.
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 International Correlation, Vanguard International Volatility and Vanguard International Alpha and Beta module to complement your research on Vanguard International. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Vanguard International 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.