Vietnam 10-Year Bond Yield

Vietnam 10-Year Bond Yield closed down by -1.48% to 2.07 on 23 January 2021 and +-5.0% on a weekly basis. Vietnam 10-Year Bond Yield momentum was last calculated at +0.0/100 indicating positive momentum. Vietnam 10-Year Bond Yield trend is -50.0/100 indicating a negative trend. Vietnam 10-Year Bond Yield momentum exhaustion is -0.91376 indicating Vietnam 10-Year Bond Yield is oversold.Vietnam 10-Year Bond Yield RSI is 56.7624 .

Vietnam 10-Year Bond Yield Chart

Vietnam 10-Year Bond Yield

Vietnam 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Vietnam 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Vietnam 10-Year Bond Yield trading signals presented in the Vietnam 10-Year Bond Yield statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Vietnam 10-Year Bond Yield VN.10Y 2.07 0 -0.5 -0.91376 56.7624 -1.48 -5 -10.51 -0.17255

Vietnam 10-Year Bond Yield closed at 2.07 on 23 January 2021. Vietnam 10-Year Bond Yield trend was last calculated at -50.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Vietnam 10-Year Bond Yield momentum was last calculated at +0.0/100 (range: -100 to +100) indicating positive momentum. Vietnam 10-Year Bond Yield momentum exhaustion is -0.91376 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Vietnam 10-Year Bond Yield is oversold and a possible reversal is imminent. Vietnam 10-Year Bond Yield RSI was last calculated at 56.7624. Vietnam 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: 2.35685 in an uptrend , 1-quarter moving average: 2.46177 in a downtrend and 1-year moving average: 2.79564 in a downtrend. Vietnam 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at -1.48%, and weekly return was last recorded at -5.0%. Vietnam 10-Year Bond Yield histrorical 20-day volatility was last recorded at 23.1026%, Vietnam 10-Year Bond Yield alpha None, Vietnam 10-Year Bond Yield beta None and Vietnam 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Vietnam 10-Year Bond Yield statistics based on historical data since 1970.

Vietnam 10-Year Bond Yield News

Vietnam 10-Year Bond Yield Factors

Vietnam 10-Year Bond Yield

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Vietnam PMI vs 10Y VN.FACT.10YPMI 2.6 43.9464 -0.964533
Vietnam 10Y vs FX VN.FACT.FX10Y

Vietnam Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
HNX HNX 300.8 1 1 0.65308 94.9873 1.33 -4.75 7.17 1.16685
Vietnam ETF VNM 19.24 1 1 2.24469 79.7604 -0.05 -4.52 0.73 0.1197
Vietnamese Dong US Dollar (VND/USD) VNDUSD 23024 -1 -1 -1.34953 19.0984 0.05 0 -0.1 -0.00414
Vietnam 5-Year Bond Yield VN.5Y 1.01 0 -0.25 -1.25619 59.6097 -6.39 -10.22 -11.94 -0.37943
Vietnam 2-year bond yield VN.2Y 0.57 -1 -1 -1.15129 24.4226 -15.18 -14.03 6.34 -0.80027
Vietnam Yield Curve VN.YC 1.5 1 0.75 0.63456 65.5307 4.97 -1.06 -15.59 0.34087

Vietnam Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade -2 1.2 -2.66667 -2.9802 -1.0 -1.0 0.166667 2021-05-31
capital flows 309 1241 -0.751007 -0.887226 -1.0 -1.0 0 2020-04-01
car registrations 26409 29036 -0.0904739 1.44166 1.0 1.0 1 2021-04-30
consumer confidence 117 126 -0.0714286 0.0446429 -1.0 1.0 0 2020-04-01
consumer price index cpi 104.68 104.52 0.00153081 -0.100919 1.0 -1.0 0.1 2021-05-31
core inflation rate 1.13 0.95 0.189474 -0.555118 -1.0 -1.0 0.1 2021-05-31
current account 8368 -323 -26.9071 0.946047 1.0 1.0 0 2020-05-01
current account to gdp 5 2.4 1.08333 -1.55556 1.0 1.0 0 2019-01-31
deposit interest rate 4.12 4.98 -0.172691 -0.676355 -1.0 -1.0 0 2020-01-01
exports 25.5 29.125 -0.124464 0.450512 1.0 1.0 0.966667 2021-04-30
external debt 108118 112114 -0.0356423 3.68632 1.0 1.0 0 2019-01-31
fiscal expenditure 1754520 1616410 0.0854424 4.04944 1.0 1.0 0 2019-01-31
foreign direct investment 7.15 5.5 0.3 0.0671642 -1.0 1.0 0.516667 2021-05-01
foreign exchange reserves 97708.7 97023.9 0.00705805 0.21015 1.0 1.0 0.35 2021-02-28
gdp 261.92 245.21 0.0681457 2.38354 1.0 1.0 0 2019-01-31
Real GDP 1189220 3847180 -0.690885 0.866193 -1.0 1.0 0 2020-09-01
gdp growth 6.88 6.73 0.0222883 0 1.0 -1.0 0 2018-10-01
gdp growth annual 4.48 2.69 0.665428 -0.414379 -1.0 -1.0 0.1 2020-10-01
government budget -4.4 -3.5 0.257143 3.88889 -1.0 -1.0 0 2019-01-31
Government budget -203441 -191500 0.0623551 17.1725 -1.0 -1.0 0 2019-01-31
government debt to gdp 46.7 43.5 0.0735632 0.506452 1.0 1.0 0 2020-01-31
government revenues 1551070 1424910 0.0885389 3.61253 1.0 1.0 0 2019-01-31
imports 28 27.78 0.00791937 0.540154 1.0 1.0 1 2021-05-31
industrial production 11.6 22.2 -0.477477 -4.74194 1.0 1.0 0.0333333 2021-05-31
inflation cpi 2.9 2.7 0.0740741 0.208333 1.0 1.0 0.566667 2021-05-31
interbank rate 1.59 1.59 0 0.272 1.0 1.0 0.8 2021-05-18
interest rate 4 4.5 -0.111111 -0.36 -1.0 -1.0 0.0166667 2020-06-12
manufacturing pmi 53.1 54.7 -0.0292505 0.24356 1.0 1.0 0.966667 2021-05-31
money supply m0 1198100 1085020 0.104219 4.43322 1.0 1.0 0 2019-01-31
money supply m1 2456660 2174030 0.130003 4.54014 1.0 1.0 0 2019-01-31
money supply m2 10573700 9211850 0.147837 6.84259 1.0 1.0 0 2019-01-31
Producer Price Index 100.27 99.22 0.0105825 0.0293604 -1.0 1.0 0 2020-09-01
retail sales MoM 5.4 1.6 2.375 1.57143 1.0 1.0 0.833333 2020-09-30
retail sales yoy -1 30.9 -1.03236 -0.791667 -1.0 1.0 0.15 2021-05-31
unemployment rate 2.37 2.5 -0.052 0.0723982 1.0 1.0 0 2020-10-01
youth unemployment rate 6.98 7.01 -0.0042796 -0.0899609 1.0 -1.0 0 2020-04-01

Vietnam 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: Vietnam 10-Year Bond Yield momentum, Vietnam 10-Year Bond Yield trend, Vietnam 10-Year Bond Yield oscillator, Vietnam 10-Year Bond Yield RSI and Vietnam 10-Year Bond Yield returns.

Vietnam 10-Year Bond Yield Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarVietnam 10-Year Bond Yield momentum signal ranges from -100 to +100. The Vietnam 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Vietnam 10-Year Bond Yield. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Vietnam 10-Year Bond Yield return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Vietnam 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Vietnam 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Vietnam 10-Year Bond Yield trend

Vietnam 10-Year Bond Yield trend signal ranges from -100 to +100. Vietnam 10-Year Bond Yield trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Vietnam 10-Year Bond Yield Closing price vs Vietnam 10-Year Bond Yield moving average (MA) calculation: If Vietnam 10-Year Bond Yield is greater than Vietnam 10-Year Bond Yield MA value is +1, else -1, 2. Vietnam 10-Year Bond Yield Moving average slope calculation: if current Vietnam 10-Year Bond Yield moving average is higher than the previous MA, Vietnam 10-Year Bond Yield upward slope +1, else -1
Vietnam 10-Year Bond Yield trend model can be used as a trend strength indicator. Vietnam 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Vietnam 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Vietnam 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Vietnam 10-Year Bond Yield is in an uptrend when Vietnam 10-Year Bond Yield price is higher than the 52-week moving average and the Vietnam 10-Year Bond Yield 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Vietnam 10-Year Bond Yield oscillator and Vietnam 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Vietnam 10-Year Bond Yield oscillator

The Vietnam 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Vietnam 10-Year Bond Yield price versus Vietnam 10-Year Bond Yield 1-year simple moving average price. The formula for the Vietnam 10-Year Bond Yield oscillator is:
Vietnam 10-Year Bond Yield oscillator = (Current Price – 250 trading days Vietnam 10-Year Bond Yield simple moving average price) / (250 days Vietnam 10-Year Bond Yield price standard deviation)

Vietnam 10-Year Bond Yield oversold conditions
Vietnam 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Vietnam 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Vietnam 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Vietnam 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Vietnam 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Vietnam 10-Year Bond Yield RSI.
Vietnam 10-Year Bond Yield overbought conditions
Vietnam 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Vietnam 10-Year Bond Yield is overbought it is often due for a correction. Values of the Vietnam 10-Year Bond Yield oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Vietnam 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Vietnam 10-Year Bond Yield RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Vietnam 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Vietnam 10-Year Bond Yield uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Vietnam 10-Year Bond Yield returns

MacroVar calculates Vietnam 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Vietnam 10-Year Bond Yield returns = (Vietnam 10-Year Bond Yield Closing Price – Vietnam 10-Year Bond Yield Previous Price)/(Vietnam 10-Year Bond Yield Previous Price)
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