(VEU) Vanguard FTSE All-World - Ratings and Ratios

Vanguard FTSE All-World ex-US Index Fund ETF Shares (VEU) is designed to mirror the performance of the FTSE All-World ex US Index, providing investors with diversified exposure to international developed and emerging markets, excluding the United States. The fund achieves this by investing in a broad range of stocks that constitute the index, maintaining a similar weightage for each stock as in the index.

The investment approach is straightforward, focusing on replication rather than active management, which typically results in lower fees for investors. This passive strategy is beneficial for those seeking to minimize costs while gaining exposure to a wide array of international equities. The funds assets under management (AUM) stand at $43.777 billion, indicating a significant investor base and liquidity.

Analyzing the technical data, the current price of $65.88 is at its 52-week high, suggesting a strong upward trend. The short-term (SMA20), medium-term (SMA50), and long-term (SMA200) moving averages at $64.56, $61.96, and $60.17, respectively, further reinforce this trend, as the current price remains above all these averages. The Average True Range (ATR) of $0.60, or 0.90%, indicates moderate daily price volatility.

Combining technical and fundamental analysis, the outlook for VEU appears positive. The upward trend, supported by the moving averages, suggests continued growth potential. The funds diversified portfolio and significant AUM provide stability. Assuming the global economy continues to grow, albeit with potential fluctuations, VEU is likely to benefit from its broad exposure to international markets. A forecast based on the current trend and the funds characteristics suggests that VEU could potentially reach $70.00 within the next 12-18 months, representing a 6.2% increase from its current price. However, this projection is contingent upon the absence of significant global economic downturns or unforeseen events.