Vanguard Star Fund Market Value
VGSTX Fund | USD 28.08 0.16 0.57% |
Symbol | Vanguard |
Vanguard Star '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 Star's mutual fund 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 Star.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Vanguard Star on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Star Fund or generate 0.0% return on investment in Vanguard Star over 30 days. Vanguard Star is related to or competes with Vanguard Materials, Vanguard Limited, Vanguard Limited, Vanguard Global, Vanguard Value, Vanguard Emerging, and Vanguard Market. As a fund of funds, the fund invests in a diversified portfolio of other Vanguard mutual funds rather than in individual... More
Vanguard Star 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 Star's mutual fund 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 Star Fund upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.9069 | |||
Information Ratio | (0.06) | |||
Maximum Drawdown | 8.62 | |||
Value At Risk | (0.78) | |||
Potential Upside | 0.9694 |
Vanguard Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Star's standard deviation. In reality, there are many statistical measures that can use Vanguard Star historical prices to predict the future Vanguard Star's volatility.Risk Adjusted Performance | 0.0533 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.0905 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Star'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 Star Fund Backtested Returns
We consider Vanguard Star very steady. Vanguard Star Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Star Fund, which you can use to evaluate the volatility of the fund. Please validate Vanguard Star's Coefficient Of Variation of 1124.49, risk adjusted performance of 0.0533, and Semi Deviation of 0.771 to confirm if the risk estimate we provide is consistent with the expected return of 0.0748%. The entity has a beta of 0.79, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vanguard Star's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Star is expected to be smaller as well.
Auto-correlation | 0.70 |
Good predictability
Vanguard Star Fund has good predictability. Overlapping area represents the amount of predictability between Vanguard Star time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th 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 Star Fund price movement. The serial correlation of 0.7 indicates that around 70.0% of current Vanguard Star price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.7 | |
Spearman Rank Test | 0.84 | |
Residual Average | 0.0 | |
Price Variance | 0.03 |
Vanguard Star Fund lagged returns against current returns
Autocorrelation, which is Vanguard Star mutual fund'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 Star's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Star returns to help us make a trade decision. For example, suppose you find that Vanguard Star has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Star 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 Star mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Star mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Star mutual fund over time.
Current vs Lagged Prices |
Timeline |
Vanguard Star Lagged Returns
When evaluating Vanguard Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Star mutual fund have on its future price. Vanguard Star 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 Star autocorrelation shows the relationship between Vanguard Star mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Star Fund.
Regressed Prices |
Timeline |
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Check out Vanguard Star Correlation, Vanguard Star Volatility and Vanguard Star Alpha and Beta module to complement your research on Vanguard Star. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Vanguard Mutual Fund analysis
When running Vanguard Star's price analysis, check to measure Vanguard Star'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 Star is operating at the current time. Most of Vanguard Star's value examination focuses on studying past and present price action to predict the probability of Vanguard Star'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 Star's price. Additionally, you may evaluate how the addition of Vanguard Star to your portfolios can decrease your overall portfolio volatility.
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Vanguard Star technical mutual fund 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, fund market cycles, or different charting patterns.