Vanguard Long Term Treasury Etf Market Value
| VGLT Etf | USD 55.83 0.28 0.50% |
| Symbol | Vanguard |
The market value of Vanguard Long Term 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 Long's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Long'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 Long's market value can be influenced by many factors that don't directly affect Vanguard Long'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 Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Long'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 Long '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 Long'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 Long.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Vanguard Long on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Long Term Treasury or generate 0.0% return on investment in Vanguard Long over 30 days. Vanguard Long is related to or competes with IShares 1, IShares Russell, IShares IBoxx, and IShares IBoxx. The fund employs an indexing investment approach designed to track the performance of the Bloomberg U.S More
Vanguard Long 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 Long'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 Long Term Treasury upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.07 |
Vanguard Long Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Long's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Long's standard deviation. In reality, there are many statistical measures that can use Vanguard Long historical prices to predict the future Vanguard Long's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Long'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.
Vanguard Long Term Backtested Returns
Vanguard Long Term owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.089, which indicates the etf had a -0.089% return per unit of risk over the last 3 months. Vanguard Long Term Treasury exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vanguard Long's Variance of 0.6934, coefficient of variation of (1,113), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vanguard Long's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Long is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
Vanguard Long Term Treasury has poor predictability. Overlapping area represents the amount of predictability between Vanguard Long time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Vanguard Long Term price movement. The serial correlation of 0.25 indicates that over 25.0% of current Vanguard Long price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
Vanguard Long Term lagged returns against current returns
Autocorrelation, which is Vanguard Long 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 Long's etf expected returns. We can calculate the autocorrelation of Vanguard Long returns to help us make a trade decision. For example, suppose you find that Vanguard Long 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 |
| Timeline |
Vanguard Long 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 Long etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Long etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Long etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Long Lagged Returns
When evaluating Vanguard Long's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Long etf have on its future price. Vanguard Long 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 Long autocorrelation shows the relationship between Vanguard Long etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Long Term Treasury.
Regressed Prices |
| Timeline |
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 Long Term is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Vanguard Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vanguard Long Term Treasury Etf. Highlighted below are key reports to facilitate an investment decision about Vanguard Long Term Treasury Etf:Check out Vanguard Long Correlation, Vanguard Long Volatility and Vanguard Long Alpha and Beta module to complement your research on Vanguard Long. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Vanguard Long 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.