16 September, 2019 (16:00:00 EST)
Vanguard Australian Shares Index rises in 4 out of last 5 days
Vanguard Australian Shares Index (ASX:VAS), the largest Exchange Traded Fund by market cap in Australia, has increased 17.0c (or 0.2%). The ETF rose in four out of the last 5 trading days, for a 5-day rise of 0.4% to close at $A85.55. Compared with the Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] which rose 6.5 points (0.1%) in the day, the relative price increase was 0.1%. Its MCap is $A4 billion.
THE PAST WEEK [Price up 0.9% to $A85.38]
In the past week the ETF rose on 3 days, fell on 1 day and was untraded on 1 day,.
Vanguard Australian Shares Index jumps 22% in 2019
Vanguard Australian Shares Index (AU:VAS), jumped $A15.64 (or 22.4%) year-to-date (YTD) in 2019 to close at $A85.55 today. Compared with the Morgan Stanley Capital International Australia Index which has risen 22.6% YTD, this is a relative price change of -0.2%.
SECTION 1VANGUARD AUSTRALIAN SHARES INDEX BULLISH SIGNALS
Uptrend: The ETF increased on firm volume, rising for a fourth consecutive day.
+ The price increased 0.4% in the last week and lifted 2.4% in the last month.
+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 84.69 minus the 26-day EMA of 84.18 is positive 0.51 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.
+ Rises to Falls: in the past month the number of rises outnumbered falls 14:7 or 2:1.
+ In the last three months the ETF has hit a new 52-week high eleven times, pointing to a significant uptrend.
+ The present value of $A1,000 (PV1000) invested one year ago in Vanguard Australian Shares Index is $A1,181, comprising a capital gain of $A127 and dividend reinvested of $A54. A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] is shown below:
+ 5 years Multiplier in AUD = 1.755x
+ Compound Annual Growth Rate (CAGR) in AUD = 11.9%
Present Value of USD1,000 invested 5 years ago:
+ The present value of USD1,000 (PV1000) invested five years ago in Vanguard Australian Shares Index is $US1,334, including a capital gain of $US96 and dividend reinvested of $US238.
+ 5 years ago AUD 1 equalled USD 0.904
+ 5 years Multiplier in USD = 1.334x
+ Compound Annual Growth Rate (CAGR) in USD = 5.9%
1.2 High Performance Indicators:
SECTION 2VANGUARD AUSTRALIAN SHARES INDEX BEARISH SIGNALS
+ The 1.7% discount to 12-month high of $A87.04 against the 28.1% premium to 12-month low of $A66.78 suggests the climb might be peaking.
2.2 Overbought/Bearish/Resistance Signals:
+ The Relative Strength Index (RSI) of 79.3 has penetrated the overbought line of 70, suggesting the price gain of 3.3% in the last 14 days is unusually high.
+ The ETF is overbought according to the Williams % R indicator of -6.8, suggesting the price is close to its 14-day high of $A85.78.
PRICE VOLUME DYNAMICS
+ Volume: there were 100,866 units worth $A8.6 million traded today. In the past week, volume was 0.8 times average and the units were up 0.4%.The rise has been propped up by firm volume of 1.1 times the average daily volume of 91,380 units.
3.2 The Best 3 weeks in the past quarter [Relative Price Change or RPC]
3.3 The Worst 3 weeks in the past quarter [Relative Price Change or RPC]
3.4 Trailing 3 months
3.5 Trailing Price Change %
3-Year price change of 40% for VAS outperformed the change of 29.4% in the Morgan Stanley Capital International World Index [MSCI World] for a relative price change of 10.6%.
3.6 MCap: 5-Year Perspective
In the past 5 years Market Capitalization has increased by $A1.6 billion from $A2.4 billion to $A4 billion. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 2 out of 5 years.
3.7 Moving Annual Return (Past 5 years)
Based on a dynamic start date of 5 years ago, the real rate of return has averaged 11.8%. The Moving Annual Return has consistently exceeded 1%.
Close 5 years ago $A59.33
3.8 Year-on-Year Comparison (Trailing year - ended 30 Aug)
In the past 5 years, VAS has jumped 40.2% from 60.02 to 84.15 , an average annual compound rise of 7.0%.
In the past 5 years average daily volume has jumped 195.6% from 20,492 units to 60,574 units. Turnover period has decreased from 14 years 8 months to 2 years 4 months.
4.1 Global Rank out of 5,034 ETFs
The present value of $US1,000 invested a year ago is $US1,127, ranking it 503 out of 5,034 ETFs.Its 6-month relative strength (or price percentile rank) in USD is 83.
* 1 year ago AUD 1 equalled USD 0.72
Sep 16, 2019: AUD 1 equals USD 0.6874
4.2 Rank in the Total Australia ETF Market [out of 123 ETFs]
Vanguard Australian Shares Index ETF is an exchange traded fund incorporated in Australia. The Fund seeks to match the total return of the S&P/ASX 300 Index before taking into account fees and expenses.
Vanguard Australian Shares Index (ASX:VAS)
5.3 ETF Summary
5.4 Fund Manager and Management Fees
+ The manager of the ETF is Vanguard. The management fee is 0.15% of total assets