Long-Term Etf Market Value

VGLT
 Etf
  

USD 63.58  0.13  0.20%   

Long-Term Govt's market value is the price at which a share of Long-Term Govt stock trades on a public exchange. It measures the collective expectations of Long-Term Govt Bond investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Long-Term Govt Bond and determine expected loss or profit from investing in Long-Term Govt over a given investment horizon. Also, please take a look at Long-Term Govt Correlation, Long-Term Govt Volatility and Long-Term Govt Alpha and Beta module to complement your research on Long-Term Govt.
Symbol

The market value of Long-Term Govt Bond is measured differently than its book value, which is the value of Long-Term that is recorded on the company's balance sheet. Investors also form their own opinion of Long-Term Govt's value that differs from its market value or its book value, called intrinsic value, which is Long-Term Govt's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Long-Term Govt's market value can be influenced by many factors that don't directly affect Long-Term Govt's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Long-Term Govt's value and its price as these two are different measures arrived at by different means. Investors typically determine Long-Term Govt value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Long-Term Govt'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.

Long-Term Govt '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 Long-Term Govt'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 Long-Term Govt.
0.00
05/31/2022
No Change 0.00  0.0 
In 5 months and 29 days
11/27/2022
0.00
If you would invest  0.00  in Long-Term Govt on May 31, 2022 and sell it all today you would earn a total of 0.00 from holding Long-Term Govt Bond or generate 0.0% return on investment in Long-Term Govt over 180 days. Long-Term Govt is related to or competes with Gold Miners. The fund employs an indexing investment approach designed to track the performance of the Bloomberg U.S More

Long-Term Govt 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 Long-Term Govt'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 Long-Term Govt Bond upside and downside potential and time the market with a certain degree of confidence.

Long-Term Govt Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Long-Term Govt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Long-Term Govt's standard deviation. In reality, there are many statistical measures that can use Long-Term Govt historical prices to predict the future Long-Term Govt's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Long-Term Govt'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. Please use the tools below to analyze the current value of Long-Term Govt in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
62.1663.4564.74
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Intrinsic
Valuation
LowReal ValueHigh
61.8563.1464.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Long-Term Govt. Your research has to be compared to or analyzed against Long-Term Govt's peers to derive any actionable benefits. When done correctly, Long-Term Govt's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Long-Term Govt Bond.

Long-Term Govt Bond Backtested Returns

Long-Term Govt Bond has Sharpe Ratio of -0.0856, which conveys that the entity had -0.0856% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Long-Term Govt exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Long-Term Govt Bond risk adjusted performance of (0.10), and Mean Deviation of 1.01 to check out the risk estimate we provide.
The etf secures a Beta (Market Risk) of 0.2188, which conveys not very significant fluctuations relative to the market. Let's try to break down what Long-Term's beta means in this case. As returns on the market increase, Long-Term Govt returns are expected to increase less than the market. However, during the bear market, the loss on holding Long-Term Govt will be expected to be smaller as well. Even though it is essential to pay attention to Long-Term Govt Bond price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Long-Term Govt exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.59  

Good reverse predictability

Long-Term Govt Bond has good reverse predictability. Overlapping area represents the amount of predictability between Long-Term Govt time series from 31st of May 2022 to 29th of August 2022 and 29th of August 2022 to 27th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Long-Term Govt Bond price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Long-Term Govt price fluctuation can be explain by its past prices.
Correlation Coefficient-0.59
Spearman Rank Test-0.27
Residual Average0.0
Price Variance8.59

Long-Term Govt Bond lagged returns against current returns

Autocorrelation, which is Long-Term Govt 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 Long-Term Govt's etf expected returns. We can calculate the autocorrelation of Long-Term Govt returns to help us make a trade decision. For example, suppose you find that Long-Term Govt etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Long-Term Govt 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 Long-Term Govt etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Long-Term Govt etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Long-Term Govt etf over time.
   Current vs Lagged Prices   
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       Timeline  

Long-Term Govt Lagged Returns

When evaluating Long-Term Govt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Long-Term Govt etf have on its future price. Long-Term Govt 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, Long-Term Govt autocorrelation shows the relationship between Long-Term Govt etf current value and its past values and can show if there is a momentum factor associated with investing in Long-Term Govt Bond.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Long-Term Govt in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Long-Term Govt's short interest history, or implied volatility extrapolated from Long-Term Govt options trading.

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.
Also, please take a look at Long-Term Govt Correlation, Long-Term Govt Volatility and Long-Term Govt Alpha and Beta module to complement your research on Long-Term Govt. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for analysis

When running Long-Term Govt Bond price analysis, check to measure Long-Term Govt'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 Long-Term Govt is operating at the current time. Most of Long-Term Govt's value examination focuses on studying past and present price action to predict the probability of Long-Term Govt's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Long-Term Govt's price. Additionally, you may evaluate how the addition of Long-Term Govt to your portfolios can decrease your overall portfolio volatility.
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Long-Term Govt technical etf 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, etf market cycles, or different charting patterns.
A focus of Long-Term Govt technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Long-Term Govt 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...