Vanguard Value Correlations

VVIAX
 Fund
  

USD 49.45  1.45  2.85%   

The correlation of Vanguard Value is a statistical measure of how it moves in relation to other equities. 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 Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Value Index 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.
Also, please take a look at World Market Map.
  
The ability to find closely correlated positions to Vanguard Value 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 Value 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 Value - 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 Value Index to buy it.

Moving together with Vanguard Value

+1.0VIVIXVanguard Index TrustPairCorr
+0.95VIVAXVanguard Index TrustPairCorr
+0.99DODGXDodge Cox StockPairCorr
+0.99CMLCXAmerican MutualPairCorr
+0.94AMRFXAmerican MutualPairCorr
+0.99RMFHXAmerican MutualPairCorr
+0.99FFFMXAmerican MutualPairCorr
+0.94CMLAXAmerican MutualPairCorr
+0.94FFMMXAmerican MutualPairCorr
+0.75PSFRXVirtus Newfleet SeniorPairCorr
+0.7PFSRXVirtus Newfleet SeniorPairCorr
+0.78PSFIXVirtus Newfleet SeniorPairCorr
+0.84PMSTXVirtus Newfleet MultPairCorr
+0.87NARAXVirtus Newfleet MultPairCorr
+0.87PIMSXVirtus Newfleet MultPairCorr
+0.9PSTCXVirtus Newfleet MultPairCorr
+0.93NCMFXVirtus Newfleet MultPairCorr
+0.73SAVCXVirtus Newfleet CorePairCorr
+0.86BACBank Of AmericaPairCorr

Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
  
High negative correlations   
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Vanguard Value Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Vanguard Mutual Fund performing well and Vanguard Value Mutual Fund doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Vanguard Value's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR 2.04  0.54  0.17  0.44  2.43  0.14 (2.14)  4.32 (2.97)  15.22 
MSFT 1.37 (0.03)  0.00 (0.06)  0.00 (0.019)  0.00  2.85 (2.94)  12.18 
UBER 2.80  0.51  0.15  0.35  2.76  0.12 (3.00)  5.77 (5.13)  25.11 
F 2.34  0.28  0.08  0.11  3.13  0.08 (2.55)  5.27 (5.04)  18.47 
T 1.04 (0.40)  0.00 (0.61)  0.00 (0.26)  0.00  1.32 (2.33)  8.93 
A 1.68  0.21  0.11  0.12  1.74  0.09 (2.02)  3.97 (3.13)  11.70 
CRM 1.97 (0.07)  0.00 (0.09)  0.00 (0.0365)  0.00  3.94 (3.96)  10.76 
JPM 1.42  0.02  0.00 (0.02)  0.00  0.0069  0.00  3.03 (2.88)  8.06 
MRK 0.86 (0.06)  0.00 (0.19)  0.00 (0.0328)  0.00  1.66 (1.87)  4.57 
XOM 1.78  0.28  0.14  0.28  1.90  0.13 (2.04)  4.04 (3.24)  9.95 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Vanguard Value without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Vanguard Value Index?

The danger of trading Vanguard Value Index is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Vanguard Value is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Vanguard Value. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vanguard Value Index is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Also, please take a look at World Market Map. Note that the Vanguard Value Index information on this page should be used as a complementary analysis to other Vanguard Value'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 CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Vanguard Mutual Fund analysis

When running Vanguard Value Index price analysis, check to measure Vanguard Value'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 Value is operating at the current time. Most of Vanguard Value's value examination focuses on studying past and present price action to predict the probability of Vanguard Value's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Vanguard Value's price. Additionally, you may evaluate how the addition of Vanguard Value to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Vanguard Value's value and its price as these two are different measures arrived at by different means. Investors typically determine Vanguard Value value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Value'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.