Vanguard Conservative Income Etf Market Value
| VCIP Etf | CAD 26.66 0.05 0.19% |
| Symbol | Vanguard |
Vanguard Conservative '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 Conservative'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 Conservative.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Vanguard Conservative on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Conservative Income or generate 0.0% return on investment in Vanguard Conservative over 30 days. Vanguard Conservative is related to or competes with BMO Balanced, BMO Growth, IShares Core, Vanguard Conservative, and IShares Core. The Vanguard Conservative Income ETF Portfolio seeks to provide a combination of income and some long-term capital growt... More
Vanguard Conservative 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 Conservative'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 Conservative Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2319 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.02 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.345 |
Vanguard Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Conservative's standard deviation. In reality, there are many statistical measures that can use Vanguard Conservative historical prices to predict the future Vanguard Conservative's volatility.| Risk Adjusted Performance | 0.1126 | |||
| Jensen Alpha | 0.0205 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.2512 |
Vanguard Conservative Backtested Returns
As of now, Vanguard Etf is very steady. Vanguard Conservative owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vanguard Conservative Income, which you can use to evaluate the volatility of the etf. Please validate Vanguard Conservative's Downside Deviation of 0.2319, risk adjusted performance of 0.1126, and Standard Deviation of 0.2584 to confirm if the risk estimate we provide is consistent with the expected return of 0.0413%. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Conservative is expected to be smaller as well.
Auto-correlation | 0.15 |
Insignificant predictability
Vanguard Conservative Income has insignificant predictability. Overlapping area represents the amount of predictability between Vanguard Conservative time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Conservative price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Vanguard Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Vanguard Conservative lagged returns against current returns
Autocorrelation, which is Vanguard Conservative 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 Conservative's etf expected returns. We can calculate the autocorrelation of Vanguard Conservative returns to help us make a trade decision. For example, suppose you find that Vanguard Conservative 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 Conservative 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 Conservative etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Conservative etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vanguard Conservative etf over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Conservative Lagged Returns
When evaluating Vanguard Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Conservative etf have on its future price. Vanguard Conservative 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 Conservative autocorrelation shows the relationship between Vanguard Conservative etf current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Conservative Income.
Regressed Prices |
| Timeline |
Pair Trading with Vanguard Conservative
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vanguard Conservative position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vanguard Conservative will appreciate offsetting losses from the drop in the long position's value.Moving together with Vanguard Etf
| 0.9 | VRIF | Vanguard Retirement | PairCorr |
| 0.83 | ETP | First Trust Global | PairCorr |
| 0.93 | XINC | iShares Core Income | PairCorr |
| 0.71 | MCON | Mackenzie Conservative | PairCorr |
The ability to find closely correlated positions to Vanguard Conservative could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vanguard Conservative when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vanguard Conservative - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vanguard Conservative Income to buy it.
The correlation of Vanguard Conservative is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vanguard Conservative moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Conservative moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vanguard Conservative can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Vanguard Etf
Vanguard Conservative financial ratios help investors to determine whether Vanguard Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vanguard with respect to the benefits of owning Vanguard Conservative security.