We consider Vanguard Windsor not too risky. Vanguard Windsor Inv
owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.135 which indicates Vanguard Windsor Inv
had 0.135% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a fund is to use all available market data together with fund specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Vanguard Windsor Inv which you can use to evaluate future volatility of the fund. Please validate Vanguard Windsor Semi Deviation
of 0.3094, Coefficient Of Variation
of 740.79 and Risk Adjusted Performance
of 0.0627 to confirm if risk estimate we provide are consistent with the epected return of 0.0709%. The entity has beta of 0.1806 which indicates as returns on market increase, Vanguard Windsor returns are expected to increase less than the market. However during bear market, the loss on holding Vanguard Windsor will be expected to be smaller as well.. Although it is extremely important to respect Vanguard Windsor Inv
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting Vanguard Windsor Inv technical indicators
you can presently evaluate if the expected return of 0.0709% will be sustainable into the future.
|15 days auto-correlation||(0.28) |
Weak reverse predictability
Vanguard Windsor Inv has weak reverse predictability. Overlapping area represents the amount of predictability between Vanguard Windsor time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 21, 2018. 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 Windsor Inv price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Vanguard Windsor price fluctuation can be explain by its past prices. Given that Vanguard Windsor Inv has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Vanguard Windsor for similar time interval.
|Spearman Rank Test||0.29|