Vanguard New Jersey Fund Fundamentals

VNJTX Fund  USD 11.39  0.01  0.09%   
Vanguard New Jersey fundamentals help investors to digest information that contributes to Vanguard New's financial success or failures. It also enables traders to predict the movement of Vanguard Mutual Fund. The fundamental analysis module provides a way to measure Vanguard New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Vanguard New mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Vanguard Three Year Return Analysis

Vanguard New's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Three Year Return | All Equity Analysis

Current Vanguard New Three Year Return

    
  (0.08) %  
Most of Vanguard New's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Vanguard New Jersey is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Competition

Vanguard New Three Year Return Component Assessment

Based on the latest financial disclosure, Vanguard New Jersey has a Three Year Return of -0.0798%. This is 101.23% lower than that of the Vanguard family and significantly lower than that of the Muni New Jersey category. The three year return for all United States funds is notably higher than that of the company.

Vanguard New Jersey Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Vanguard New's current stock value. Our valuation model uses many indicators to compare Vanguard New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vanguard New competition to find correlations between indicators driving Vanguard New's intrinsic value. More Info.
Vanguard New Jersey is rated fifth in cash position weight among similar funds. It is rated third in annual yield among similar funds fabricating about  0.63  of Annual Yield per Cash Position Weight. The ratio of Cash Position Weight to Annual Yield for Vanguard New Jersey is roughly  1.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Vanguard New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vanguard New's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Vanguard New's earnings, one of the primary drivers of an investment's value.

Vanguard Bond Positions Weight Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vanguard New's direct or indirect competition against its Bond Positions Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Vanguard New could also be used in its relative valuation, which is a method of valuing Vanguard New by comparing valuation metrics of similar companies.
Vanguard New is rated fourth in bond positions weight among similar funds.

Fund Asset Allocation for Vanguard New

The fund invests most of its asset in various types of exotic instruments. .
Asset allocation divides Vanguard New's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Vanguard Fundamentals

About Vanguard New Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Vanguard New Jersey's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vanguard New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vanguard New Jersey based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

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.
Check out Vanguard New Piotroski F Score and Vanguard New Altman Z Score analysis.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Global Correlations
Find global opportunities by holding instruments from different markets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Fundamental Analysis
View fundamental data based on most recent published financial statements
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Please note, there is a significant difference between Vanguard New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard New'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.