Macroaxis considers Vanguard Small to be very steady. Vanguard Small Cap
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0362 which indicates the organization had -0.0362% of return per unit of risk over the last 3 months. Macroaxis philosophy towards measuring risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Vanguard Small Cap ETF exposes twenty-seven different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Vanguard Small Risk Adjusted Performance
of (0.027445) and Coefficient Of Variation of (3,381) to confirm risk estimate we provide. The entity has beta of 1.055 which indicates Vanguard Small returns are very sensitive to returns on the market. as market goes up or down, Vanguard Small is expected to follow. Even though it is essential to pay attention to Vanguard Small Cap current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Vanguard Small Cap ETF exposes twenty-seven different technical indicators which can help you to evaluate its performance.
Vanguard Small Cap ETF has modest predictability. Overlapping area represents the amount of predictability between Vanguard Small time series from July 16, 2019 to August 30, 2019 and August 30, 2019 to October 14, 2019. 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 Small Cap price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Vanguard Small price fluctuation can be explain by its past prices.