Vanguard Utilities Index Fund Market Value
| VUIAX Fund | USD 89.77 0.02 0.02% |
| Symbol | Vanguard |
Vanguard Utilities '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 Utilities' 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 Utilities.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Vanguard Utilities on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Vanguard Utilities Index or generate 0.0% return on investment in Vanguard Utilities over 30 days. Vanguard Utilities is related to or competes with Vanguard Consumer, Vanguard Financials, Vanguard Energy, Vanguard Telecommunicatio, and Vanguard Health. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Inde... More
Vanguard Utilities 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 Utilities' 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 Utilities Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9522 | |||
| Information Ratio | 0.0332 | |||
| Maximum Drawdown | 4.66 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.74 |
Vanguard Utilities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vanguard Utilities' standard deviation. In reality, there are many statistical measures that can use Vanguard Utilities historical prices to predict the future Vanguard Utilities' volatility.| Risk Adjusted Performance | 0.127 | |||
| Jensen Alpha | 0.1221 | |||
| Total Risk Alpha | 0.0021 | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | 0.6713 |
Vanguard Utilities Index Backtested Returns
At this stage we consider Vanguard Mutual Fund to be very steady. Vanguard Utilities Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Vanguard Utilities Index, which you can use to evaluate the volatility of the fund. Please validate Vanguard Utilities' Coefficient Of Variation of 613.21, semi deviation of 0.7475, and Risk Adjusted Performance of 0.127 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vanguard Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Vanguard Utilities is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
Vanguard Utilities Index has very weak reverse predictability. Overlapping area represents the amount of predictability between Vanguard Utilities time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Utilities Index price movement. The serial correlation of -0.03 indicates that only 3.0% of current Vanguard Utilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 2.69 |
Vanguard Utilities Index lagged returns against current returns
Autocorrelation, which is Vanguard Utilities 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 Utilities' mutual fund expected returns. We can calculate the autocorrelation of Vanguard Utilities returns to help us make a trade decision. For example, suppose you find that Vanguard Utilities 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 Utilities 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 Utilities mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vanguard Utilities 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 Utilities mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vanguard Utilities Lagged Returns
When evaluating Vanguard Utilities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vanguard Utilities mutual fund have on its future price. Vanguard Utilities 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 Utilities autocorrelation shows the relationship between Vanguard Utilities mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vanguard Utilities Index.
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.Other Information on Investing in Vanguard Mutual Fund
Vanguard Utilities financial ratios help investors to determine whether Vanguard Mutual Fund 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 Utilities security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |