Vanguard Information Technology Etf Market Value
| VGT Etf | USD 492.97 4.72 0.95% |
| Symbol | Vanguard |
The market value of Vanguard Information 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 Information's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Information'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 Information's market value can be influenced by many factors that don't directly affect Vanguard Information'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 Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Information'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.
Vanguard Information '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 Information's etf 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 Information.
| 10/22/2023 |
| 04/19/2024 |
If you would invest 0.00 in Vanguard Information on October 22, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Information Technology or generate 0.0% return on investment in Vanguard Information over 180 days. Vanguard Information is related to or competes with ARK Genomic, ARK Innovation, and ARK Space. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More
Vanguard Information 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 Information's etf 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 Information Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.65 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.95 |
Vanguard Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Information's standard deviation. In reality, there are many statistical measures that can use Vanguard Information historical prices to predict the future Vanguard Information's volatility.| Risk Adjusted Performance | 0.0274 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.026 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Information'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 Information Backtested Returns
Vanguard Information owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0186, which indicates the etf had a -0.0186% return per unit of risk over the last 3 months. Vanguard Information Technology exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard Information's Risk Adjusted Performance of 0.0274, semi deviation of 1.13, and Coefficient Of Variation of 2734.75 to confirm the risk estimate we provide. The entity has a beta of 1.29, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vanguard Information will likely underperform.
Auto-correlation | 0.49 |
Average predictability
Vanguard Information Technology has average predictability. Overlapping area represents the amount of predictability between Vanguard Information time series from 22nd of October 2023 to 20th of January 2024 and 20th of January 2024 to 19th 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 Information price movement. The serial correlation of 0.49 indicates that about 49.0% of current Vanguard Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 89.82 |
Vanguard Information lagged returns against current returns
Autocorrelation, which is Vanguard Information etf'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 Information's etf expected returns. We can calculate the autocorrelation of Vanguard Information returns to help us make a trade decision. For example, suppose you find that Vanguard Information has exhibited high autocorrelation historically, and you observe that the etf 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 Information 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 Information etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Information etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Information etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Information Lagged Returns
When evaluating Vanguard Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Information etf have on its future price. Vanguard Information 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 Information autocorrelation shows the relationship between Vanguard Information etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Information Technology.
Regressed Prices |
| Timeline |
Vanguard Information Implied Volatility | 36.05 |
Vanguard Information's implied volatility exposes the market's sentiment of Vanguard Information Technology stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Vanguard Information's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Vanguard Information stock will not fluctuate a lot when Vanguard Information's options are near their expiration.
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 Information 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 Information's short interest history, or implied volatility extrapolated from Vanguard Information options trading.
Also Currently Popular
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.When determining whether Vanguard Information is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Vanguard Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vanguard Information Technology Etf. Highlighted below are key reports to facilitate an investment decision about Vanguard Information Technology Etf:Check out Vanguard Information Correlation, Vanguard Information Volatility and Vanguard Information Alpha and Beta module to complement your research on Vanguard Information. Note that the Vanguard Information information on this page should be used as a complementary analysis to other Vanguard Information'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 Stocks Directory module to find actively traded stocks across global markets.
Vanguard Information 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.