Vanguard New Jersey Fund Manager Performance Evaluation
VNJTX Fund | USD 11.44 0.01 0.09% |
The entity has a beta of -0.0231, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard New are expected to decrease at a much lower rate. During the bear market, Vanguard New is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
Low | High |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Vanguard New Jersey are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Vanguard New is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreExpense Ratio Date | 29th of March 2023 | |
Expense Ratio | 0.1700 |
Vanguard |
Vanguard New Relative Risk vs. Return Landscape
If you would invest 1,138 in Vanguard New Jersey on December 20, 2023 and sell it today you would earn a total of 6.00 from holding Vanguard New Jersey or generate 0.53% return on investment over 90 days. Vanguard New Jersey is currently producing 0.009% returns and takes up 0.2009% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Vanguard, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Vanguard New Current Valuation
Overvalued
Today
Please note that Vanguard New's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Vanguard New Jersey has a current Real Value of $10.51 per share. The regular price of the fund is $11.44. We determine the value of Vanguard New Jersey from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for Vanguard New Jersey is useful when determining the fair value of the Vanguard mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Vanguard New. Since Vanguard New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Vanguard Mutual Fund. However, Vanguard New's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 11.44 | Real 10.51 | Hype 11.44 | Naive 11.47 |
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
Estimating the potential upside or downside of Vanguard New Jersey helps investors to forecast how Vanguard mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Vanguard New more accurately as focusing exclusively on Vanguard New's fundamentals will not take into account other important factors: Vanguard New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard New's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Vanguard New Jersey, and traders can use it to determine the average amount a Vanguard New's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0446
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | VNJTX |
Estimated Market Risk
0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Vanguard New is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Vanguard New by adding it to a well-diversified portfolio.
Vanguard New Fundamentals Growth
Vanguard Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Vanguard New, and Vanguard New fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Vanguard Mutual Fund performance.
Total Asset | 257.33 M | ||||
About Vanguard New Performance
To evaluate Vanguard New Jersey Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Vanguard New generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Vanguard Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Vanguard New Jersey market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Vanguard's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund invests primarily in high-quality municipal bonds issued by New Jersey state and local governments, as well as by regional governmental and public financing authorities. At least 80 percent of its assets will be invested in securities whose income is exempt from federal and New Jersey state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. The fund is non-diversified.Things to note about Vanguard New Jersey performance evaluation
Checking the ongoing alerts about Vanguard New for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Vanguard New Jersey help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.The fund keeps most of the net assets in exotic instruments. |
- Analyzing Vanguard New's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Vanguard New's stock is overvalued or undervalued compared to its peers.
- Examining Vanguard New's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Vanguard New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Vanguard New's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Vanguard New's mutual fund. These opinions can provide insight into Vanguard New's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard New Jersey. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Vanguard Mutual Fund analysis
When running Vanguard New's price analysis, check to measure Vanguard New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vanguard New is operating at the current time. Most of Vanguard New's value examination focuses on studying past and present price action to predict the probability of Vanguard New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vanguard New's price. Additionally, you may evaluate how the addition of Vanguard New to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
CEOs Directory Screen CEOs from public companies around the world | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |