Vanguard Developed Markets Fund Market Value

VTMGX Fund  USD 16.14  0.11  0.69%   
Vanguard Developed's market value is the price at which a share of Vanguard Developed trades on a public exchange. It measures the collective expectations of Vanguard Developed Markets investors about its performance. Vanguard Developed is trading at 16.14 as of the 28th of March 2024; that is 0.69 percent up since the beginning of the trading day. The fund's open price was 16.03.
With this module, you can estimate the performance of a buy and hold strategy of Vanguard Developed Markets and determine expected loss or profit from investing in Vanguard Developed over a given investment horizon. Check out Vanguard Developed Correlation, Vanguard Developed Volatility and Vanguard Developed Alpha and Beta module to complement your research on Vanguard Developed.
Symbol

Please note, there is a significant difference between Vanguard Developed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Developed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Developed'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 Developed '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 Developed'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 Developed.
0.00
03/04/2023
No Change 0.00  0.0 
In 1 year and 26 days
03/28/2024
0.00
If you would invest  0.00  in Vanguard Developed on March 4, 2023 and sell it all today you would earn a total of 0.00 from holding Vanguard Developed Markets or generate 0.0% return on investment in Vanguard Developed over 390 days. Vanguard Developed is related to or competes with Small Pany, Abr 7525, Scharf Global, T Rowe, and Ab Select. The fund employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex US I... More

Vanguard Developed 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 Developed'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 Developed Markets upside and downside potential and time the market with a certain degree of confidence.

Vanguard Developed Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Developed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Developed's standard deviation. In reality, there are many statistical measures that can use Vanguard Developed historical prices to predict the future Vanguard Developed's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vanguard Developed'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.
Hype
Prediction
LowEstimatedHigh
15.4716.1416.81
Details
Intrinsic
Valuation
LowRealHigh
15.3015.9716.64
Details
Naive
Forecast
LowNextHigh
15.3816.0516.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.9516.0616.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vanguard Developed. Your research has to be compared to or analyzed against Vanguard Developed's peers to derive any actionable benefits. When done correctly, Vanguard Developed'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 Vanguard Developed.

Vanguard Developed Backtested Returns

We consider Vanguard Developed very steady. Vanguard Developed owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vanguard Developed Markets, which you can use to evaluate the volatility of the fund. Please validate Vanguard Developed's Risk Adjusted Performance of 0.0685, semi deviation of 0.6108, and Coefficient Of Variation of 829.79 to confirm if the risk estimate we provide is consistent with the expected return of 0.0888%. The entity has a beta of 0.0306, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Developed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Developed is expected to be smaller as well.

Auto-correlation

    
  0.39  

Below average predictability

Vanguard Developed Markets has below average predictability. Overlapping area represents the amount of predictability between Vanguard Developed time series from 4th of March 2023 to 15th of September 2023 and 15th of September 2023 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 Developed price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Vanguard Developed price fluctuation can be explain by its past prices.
Correlation Coefficient0.39
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.68

Vanguard Developed lagged returns against current returns

Autocorrelation, which is Vanguard Developed 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 Developed's mutual fund expected returns. We can calculate the autocorrelation of Vanguard Developed returns to help us make a trade decision. For example, suppose you find that Vanguard Developed 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 Developed 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 Developed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Developed 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 Developed mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Vanguard Developed Lagged Returns

When evaluating Vanguard Developed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Developed mutual fund have on its future price. Vanguard Developed 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 Developed autocorrelation shows the relationship between Vanguard Developed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Developed Markets.
   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.
Check out Vanguard Developed Correlation, Vanguard Developed Volatility and Vanguard Developed Alpha and Beta module to complement your research on Vanguard Developed.
Note that the Vanguard Developed information on this page should be used as a complementary analysis to other Vanguard Developed'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Vanguard Mutual Fund analysis

When running Vanguard Developed's price analysis, check to measure Vanguard Developed'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 Developed is operating at the current time. Most of Vanguard Developed's value examination focuses on studying past and present price action to predict the probability of Vanguard Developed'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 Developed's price. Additionally, you may evaluate how the addition of Vanguard Developed to your portfolios can decrease your overall portfolio volatility.
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Vanguard Developed 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.
A focus of Vanguard Developed technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vanguard Developed 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...