Vident Core Bond Etf Market Value

VBND Etf  USD 42.63  0.02  0.05%   
Vident Core's market value is the price at which a share of Vident Core trades on a public exchange. It measures the collective expectations of Vident Core Bond investors about its performance. Vident Core is trading at 42.63 as of the 21st of April 2024, a 0.05% increase since the beginning of the trading day. The etf's lowest day price was 42.57.
With this module, you can estimate the performance of a buy and hold strategy of Vident Core Bond and determine expected loss or profit from investing in Vident Core over a given investment horizon. Check out Vident Core Correlation, Vident Core Volatility and Vident Core Alpha and Beta module to complement your research on Vident Core.

The market value of Vident Core Bond is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident Core's value that differs from its market value or its book value, called intrinsic value, which is Vident Core'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 Vident Core's market value can be influenced by many factors that don't directly affect Vident Core'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 Vident Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident Core'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.

Vident Core '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 Vident Core'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 Vident Core.
No Change 0.00  0.0 
In 30 days
If you would invest  0.00  in Vident Core on March 22, 2024 and sell it all today you would earn a total of 0.00 from holding Vident Core Bond or generate 0.0% return on investment in Vident Core over 30 days. Vident Core is related to or competes with SPDR Blackstone, SPDR Barclays, SPDR Bloomberg, and IShares Ultra. Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities o... More

Vident Core 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 Vident Core'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 Vident Core Bond upside and downside potential and time the market with a certain degree of confidence.

Vident Core Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vident Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vident Core's standard deviation. In reality, there are many statistical measures that can use Vident Core historical prices to predict the future Vident Core's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vident Core'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.
Band Projection (param)
LowerMiddle BandUpper
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vident Core. Your research has to be compared to or analyzed against Vident Core's peers to derive any actionable benefits. When done correctly, Vident Core's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Vident Core Bond.

Vident Core Bond Backtested Returns

Vident Core Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0605, which indicates the etf had a -0.0605% return per unit of risk over the last 3 months. Vident Core Bond exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vident Core's Variance of 0.1678, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,883) to confirm the risk estimate we provide. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vident Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vident Core is expected to be smaller as well.



Modest predictability

Vident Core Bond has modest predictability. Overlapping area represents the amount of predictability between Vident Core time series from 22nd of March 2024 to 6th of April 2024 and 6th of April 2024 to 21st of April 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 Vident Core Bond price movement. The serial correlation of 0.55 indicates that about 55.0% of current Vident Core price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test0.4
Residual Average0.0
Price Variance0.06

Vident Core Bond lagged returns against current returns

Autocorrelation, which is Vident Core 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 Vident Core's etf expected returns. We can calculate the autocorrelation of Vident Core returns to help us make a trade decision. For example, suppose you find that Vident Core has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   

Vident Core 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 Vident Core etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vident Core etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vident Core etf over time.
   Current vs Lagged Prices   

Vident Core Lagged Returns

When evaluating Vident Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vident Core etf have on its future price. Vident Core 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, Vident Core autocorrelation shows the relationship between Vident Core etf current value and its past values and can show if there is a momentum factor associated with investing in Vident Core Bond.
   Regressed Prices   

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 Vident Core 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, Vident Core's short interest history, or implied volatility extrapolated from Vident Core 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 Vident Core Bond is a strong investment it is important to analyze Vident Core's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vident Core's future performance. For an informed investment choice regarding Vident Etf, refer to the following important reports:
Check out Vident Core Correlation, Vident Core Volatility and Vident Core Alpha and Beta module to complement your research on Vident Core.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Vident Core 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.
A focus of Vident Core technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vident Core trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...