The entity has beta of -0.0738 which indicates as returns on market increase, returns on owning Vanguard New are expected to decrease at a much smaller rate. During bear market, Vanguard New is likely to outperform the market. Although it is extremely important to respect Vanguard New Jersey current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting Vanguard New Jersey technical indicators you can presently evaluate if the expected return of 0.0218% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in Vanguard New Jersey Long Term T are ranked lower than 8 (%) of all funds and portfolios of funds over the last 30 days. Inspite 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.
|Fifty Two Week Low||11.64|
|Fifty Two Week High||12.66|
|Annual Report Expense Ratio||0.09%|
|Horizon||30 Days Login to change|
Vanguard New Jersey Relative Risk vs. Return LandscapeIf you would invest 1,235 in Vanguard New Jersey Long Term T on September 17, 2019 and sell it today you would earn a total of 17.00 from holding Vanguard New Jersey Long Term T or generate 1.38% return on investment over 30 days. Vanguard New Jersey Long Term T is currently producing 0.0218% returns and takes up 0.1666% volatility of returns over 30 trading days. Put another way, 1% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Vanguard New Current Valuation
October 17, 2019
Vanguard New is very steady asset. Vanguard New Jersey has current Real Value of $12.02 per share. The regular price of the fund is $12.52. At this time the fund appears to be overvalued. 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 to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.
Vanguard New Market Risk Analysis
Sharpe Ratio = 0.1311
Vanguard New Relative Performance Indicators
Estimated Market Risk