Vanguard Mega Cap Etf Technical Analysis
| MGK Etf | USD 274.50 1.70 0.62% |
As of the 19th of April, Vanguard Mega has the Semi Deviation of 0.7984, coefficient of variation of 1141.93, and Risk Adjusted Performance of 0.0581. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vanguard Mega Cap, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Vanguard Mega Cap, which can be compared to its competition. Please validate Vanguard Mega Cap treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Vanguard Mega is priced more or less accurately, providing market reflects its prevalent price of 274.5 per share.
Vanguard Mega Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vanguard, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanguardVanguard |
Vanguard Mega 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.
Vanguard Mega Cap Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Vanguard Mega Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vanguard Mega Cap Trend Analysis
Use this graph to draw trend lines for Vanguard Mega Cap. You can use it to identify possible trend reversals for Vanguard Mega as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Vanguard Mega price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vanguard Mega Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vanguard Mega Cap applied against its price change over selected period. The best fit line has a slop of 0.17 , which may imply that Vanguard Mega Cap will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1056.31, which is the sum of squared deviations for the predicted Vanguard Mega price change compared to its average price change.About Vanguard Mega Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Vanguard Mega Cap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Vanguard Mega Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Vanguard Mega Cap price pattern first instead of the macroeconomic environment surrounding Vanguard Mega Cap. By analyzing Vanguard Mega's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Vanguard Mega's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Vanguard Mega specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vanguard Mega April 19, 2024 Technical Indicators
Most technical analysis of Vanguard help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Vanguard from various momentum indicators to cycle indicators. When you analyze Vanguard charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0581 | |||
| Market Risk Adjusted Performance | 0.312 | |||
| Mean Deviation | 0.7708 | |||
| Semi Deviation | 0.7984 | |||
| Downside Deviation | 0.9224 | |||
| Coefficient Of Variation | 1141.93 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.04 | |||
| Information Ratio | 0.0204 | |||
| Jensen Alpha | 0.064 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0226 | |||
| Treynor Ratio | 0.302 | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.64 | |||
| Downside Variance | 0.8509 | |||
| Semi Variance | 0.6374 | |||
| Expected Short fall | (0.88) | |||
| Skewness | 0.3798 | |||
| Kurtosis | 0.4216 |
Vanguard Mega Cap One Year Return
Based on the recorded statements, Vanguard Mega Cap has an One Year Return of 35.6%. This is 321.3% higher than that of the Vanguard family and notably higher than that of the Large Growth category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Vanguard Mega Cap. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Vanguard Mega Cap information on this page should be used as a complementary analysis to other Vanguard Mega'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Vanguard Mega Cap is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Mega's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Mega's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vanguard Mega's market value can be influenced by many factors that don't directly affect Vanguard Mega's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vanguard Mega's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Mega is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Mega'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.