Vanguard Total Bond Etf Market Value
BND Etf | USD 71.93 0.09 0.12% |
Symbol | Vanguard |
The market value of Vanguard Total Bond 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 Total's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Total'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 Total's market value can be influenced by many factors that don't directly affect Vanguard Total'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 Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Total'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 Total '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 Total'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 Total.
03/25/2023 |
| 03/19/2024 |
If you would invest 0.00 in Vanguard Total on March 25, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Total Bond or generate 0.0% return on investment in Vanguard Total over 360 days. Vanguard Total is related to or competes with Columbia Diversified, Principal Exchange, Virtus Newfleet, Vident Core, and PIMCO Enhanced. This index measures the performance of a wide spectrum of public, investment-grade, taxable, fixed income securities in ... More
Vanguard Total 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 Total'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 Total Bond upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.3665 | |||
Information Ratio | (0.34) | |||
Maximum Drawdown | 2.16 | |||
Value At Risk | (0.70) | |||
Potential Upside | 0.6027 |
Vanguard Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Total's standard deviation. In reality, there are many statistical measures that can use Vanguard Total historical prices to predict the future Vanguard Total's volatility.Risk Adjusted Performance | 0.0121 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.36) | |||
Treynor Ratio | 0.0044 |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Vanguard Total'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. Please use the tools below to analyze the current value of Vanguard Total in the context of predictive analytics.
Vanguard Total Bond Backtested Returns
Vanguard Total Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0675, which indicates the etf had -0.0675% return per unit of risk over the last 3 months. Our standpoint towards measuring the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Vanguard Total Bond exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please validate Vanguard Total's Semi Deviation of 0.3391, risk adjusted performance of 0.0121, and Coefficient Of Variation of 3441.84 to confirm the risk estimate we provide. The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Total returns are expected to increase less than the market. However, during the bear market, the loss on holding Vanguard Total will be expected to be smaller as well. Vanguard Total Bond exposes twenty-nine different technical indicators, which can help you to evaluate its performance.
Auto-correlation | -0.7 |
Very good reverse predictability
Vanguard Total Bond has very good reverse predictability. Overlapping area represents the amount of predictability between Vanguard Total time series from 25th of March 2023 to 21st of September 2023 and 21st of September 2023 to 19th of March 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 Total Bond price movement. The serial correlation of -0.7 indicates that around 70.0% of current Vanguard Total price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.7 | |
Spearman Rank Test | -0.63 | |
Residual Average | 0.0 | |
Price Variance | 3.77 |
Vanguard Total Bond lagged returns against current returns
Autocorrelation, which is Vanguard Total 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 Total's etf expected returns. We can calculate the autocorrelation of Vanguard Total returns to help us make a trade decision. For example, suppose you find that Vanguard Total etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Vanguard Total 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 Total etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Total etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Total etf over time.
Current vs Lagged Prices |
Timeline |
Vanguard Total Lagged Returns
When evaluating Vanguard Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Total etf have on its future price. Vanguard Total 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 Total autocorrelation shows the relationship between Vanguard Total etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Total Bond.
Regressed Prices |
Timeline |
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 Total 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 Total's short interest history, or implied volatility extrapolated from Vanguard Total options trading.
Check out Vanguard Total Correlation, Vanguard Total Volatility and Vanguard Total Alpha and Beta module to complement your research on Vanguard Total. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Vanguard Etf analysis
When running Vanguard Total's price analysis, check to measure Vanguard Total'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 Total is operating at the current time. Most of Vanguard Total's value examination focuses on studying past and present price action to predict the probability of Vanguard Total'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 Total's price. Additionally, you may evaluate how the addition of Vanguard Total to your portfolios can decrease your overall portfolio volatility.
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Vanguard Total 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.