|Horizon||30 Days Login to change|
Vanguard Market Sensitivity
|As returns on market increase, returns on owning Vanguard are expected to decrease at a much smaller rate. During bear market, Vanguard is likely to outperform the market.One Month Beta |Analyze Vanguard US Gov Demand TrendCheck current 30 days Vanguard correlation with market (DOW)|
β = -0.0309
Vanguard US Gov Technical Analysis
Vanguard Projected Return Density Against MarketAssuming 30 trading days horizon, Vanguard US Gov Bond Index GBP Hg Acc has beta of -0.0309 suggesting as returns on benchmark increase, returns on holding Vanguard are expected to decrease at a much smaller rate. During bear market, however, Vanguard US Gov Bond Index GBP Hg Acc is likely to outperform the market. Moreover, Vanguard US Gov Bond Index GBP Hg Acc has an alpha of 0.0201 implying that it can potentially generate 0.0201% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Vanguard Return VolatilityVanguard US Gov Bond Index GBP Hg Acc accepts 1.0354% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.