Vanguard Small Cap Index Etf Market Value
| VB Etf | USD 193.33 1.23 0.64% |
| Symbol | Vanguard |
The market value of Vanguard Small-Cap Index 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Small'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 Small's market value can be influenced by many factors that don't directly affect Vanguard Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Small'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 Small '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 Small'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 Small.
| 10/01/2023 |
| 11/30/2023 |
If you would invest 0.00 in Vanguard Small on October 1, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Small Cap Index or generate 0.0% return on investment in Vanguard Small over 60 days. Vanguard Small is related to or competes with Davis Select, Dimensional ETF, Principal Value, Vanguard Mid, SPDR SP, SPDR SP, and Ballast SmallMid. The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a bro... More
Vanguard Small 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 Small'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 Small Cap Index upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.023051) | |||
| Maximum Drawdown | 5.72 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.66 |
Vanguard Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Small's standard deviation. In reality, there are many statistical measures that can use Vanguard Small historical prices to predict the future Vanguard Small's volatility.| Risk Adjusted Performance | (0.00721) | |||
| Jensen Alpha | (0.028041) | |||
| Total Risk Alpha | (0.028142) | |||
| Treynor Ratio | (0.018622) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Vanguard Small'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 Small in the context of predictive analytics.
Vanguard Small-Cap Index Backtested Returns
Vanguard Small-Cap Index owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0538, which indicates the etf had -0.0538% of 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 Small Cap Index exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please validate Vanguard Small Variance of 1.44, coefficient of variation of (7,140), and Risk Adjusted Performance of (0.00721) to confirm the risk estimate we provide. The entity has a beta of 1.4396, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vanguard Small will likely underperform.
Auto-correlation | -0.59 |
Good reverse predictability
Vanguard Small Cap Index has good reverse predictability. Overlapping area represents the amount of predictability between Vanguard Small time series from 1st of October 2023 to 31st of October 2023 and 31st of October 2023 to 30th of November 2023. 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 Small-Cap Index price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Vanguard Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 24.9 |
Vanguard Small-Cap Index lagged returns against current returns
Autocorrelation, which is Vanguard Small 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 Small's etf expected returns. We can calculate the autocorrelation of Vanguard Small returns to help us make a trade decision. For example, suppose you find that Vanguard Small 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 Small 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 Small etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Small etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Small etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Small Lagged Returns
When evaluating Vanguard Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Small etf have on its future price. Vanguard Small 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 Small autocorrelation shows the relationship between Vanguard Small etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Small Cap Index.
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 Small 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 Small's short interest history, or implied volatility extrapolated from Vanguard Small options trading.
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.When determining whether Vanguard Small-Cap Index offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vanguard Small's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vanguard Small Cap Index Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vanguard Small Cap Index Etf:Check out Vanguard Small Correlation, Vanguard Small Volatility and Vanguard Small Alpha and Beta module to complement your research on Vanguard Small. Note that the Vanguard Small-Cap Index information on this page should be used as a complementary analysis to other Vanguard Small's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Vanguard Etf analysis
When running Vanguard Small's price analysis, check to measure Vanguard Small'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 Small is operating at the current time. Most of Vanguard Small's value examination focuses on studying past and present price action to predict the probability of Vanguard Small'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 Small's price. Additionally, you may evaluate how the addition of Vanguard Small to your portfolios can decrease your overall portfolio volatility.
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Vanguard Small 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.