Vanguard European Stock Fund Market Value
| VEUPX Fund | USD 155.86 1.85 1.20% |
| Symbol | Vanguard |
Vanguard European '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 European'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 European.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Vanguard European on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard European Stock or generate 0.0% return on investment in Vanguard European over 30 days. Vanguard European is related to or competes with Vanguard Pacific, Vanguard Emerging, Vanguard Reit, Vanguard Small-cap, and Vanguard Extended. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common sto... More
Vanguard European 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 European'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 European Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6956 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.19 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.03 |
Vanguard European Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard European's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard European's standard deviation. In reality, there are many statistical measures that can use Vanguard European historical prices to predict the future Vanguard European's volatility.| Risk Adjusted Performance | 0.0689 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0733 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard European'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 European Stock Backtested Returns
We consider Vanguard European very steady. Vanguard European Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Vanguard European Stock, which you can use to evaluate the volatility of the fund. Please validate Vanguard European's Risk Adjusted Performance of 0.0689, coefficient of variation of 898.78, and Semi Deviation of 0.5987 to confirm if the risk estimate we provide is consistent with the expected return of 0.0702%. The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. Vanguard European returns are very sensitive to returns on the market. As the market goes up or down, Vanguard European is expected to follow.
Auto-correlation | 0.39 |
Below average predictability
Vanguard European Stock has below average predictability. Overlapping area represents the amount of predictability between Vanguard European time series from 24th of March 2024 to 8th of April 2024 and 8th of April 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 European Stock price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Vanguard European price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 5.48 |
Vanguard European Stock lagged returns against current returns
Autocorrelation, which is Vanguard European 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 European's mutual fund expected returns. We can calculate the autocorrelation of Vanguard European returns to help us make a trade decision. For example, suppose you find that Vanguard European 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 European 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 European mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard European 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 European mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard European Lagged Returns
When evaluating Vanguard European's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard European mutual fund have on its future price. Vanguard European 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 European autocorrelation shows the relationship between Vanguard European mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard European Stock.
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 European 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 European's short interest history, or implied volatility extrapolated from Vanguard European options trading.
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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 European Correlation, Vanguard European Volatility and Vanguard European Alpha and Beta module to complement your research on Vanguard European. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Vanguard European 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.