Vanguard Intermediate Term Investment Grade Fund Market Value
| VFIDX Fund | USD 8.35 0.02 0.24% |
| Symbol | Vanguard |
Vanguard Intermediate '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 Intermediate'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 Intermediate.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Vanguard Intermediate on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Intermediate Term Investment Grade or generate 0.0% return on investment in Vanguard Intermediate over 30 days. Vanguard Intermediate is related to or competes with Vanguard Intermediate-ter, Vanguard Intermediate, Investment Grade. The fund invests in a variety of high-quality and, medium-quality fixed income securities, at least 80 percent of which ... More
Vanguard Intermediate 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 Intermediate'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 Intermediate Term Investment Grade upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 2.12 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.4734 |
Vanguard Intermediate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Intermediate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Intermediate's standard deviation. In reality, there are many statistical measures that can use Vanguard Intermediate historical prices to predict the future Vanguard Intermediate's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Intermediate'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 Intermediate Backtested Returns
Vanguard Intermediate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.066, which indicates the fund had a -0.066% return per unit of risk over the last 3 months. Vanguard Intermediate Term Investment Grade exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard Intermediate's Risk Adjusted Performance of (0.03), coefficient of variation of (2,493), and Variance of 0.1488 to confirm the risk estimate we provide. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Intermediate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Intermediate is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Vanguard Intermediate Term Investment Grade has below average predictability. Overlapping area represents the amount of predictability between Vanguard Intermediate time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Intermediate price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Vanguard Intermediate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vanguard Intermediate lagged returns against current returns
Autocorrelation, which is Vanguard Intermediate 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 Intermediate's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Intermediate returns to help us make a trade decision. For example, suppose you find that Vanguard Intermediate 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 Intermediate 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 Intermediate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Intermediate 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 Intermediate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Intermediate Lagged Returns
When evaluating Vanguard Intermediate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Intermediate mutual fund have on its future price. Vanguard Intermediate 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 Intermediate autocorrelation shows the relationship between Vanguard Intermediate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Intermediate Term Investment Grade.
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 Intermediate 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 Intermediate's short interest history, or implied volatility extrapolated from Vanguard Intermediate 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 Intermediate Correlation, Vanguard Intermediate Volatility and Vanguard Intermediate Alpha and Beta module to complement your research on Vanguard Intermediate. Note that the Vanguard Intermediate information on this page should be used as a complementary analysis to other Vanguard Intermediate'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Vanguard Intermediate 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.