Dimensional Core Competition
| DFAU Etf | USD 47.69 0.22 0.46% |
Dimensional Core vs Amplify Video Correlation
Very good diversification
The correlation between Dimensional Core Equity and GAMR is -0.26 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional Core Equity and GAMR in the same portfolio, assuming nothing else is changed.
Moving together with Dimensional Etf
Dimensional Core Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Dimensional Core and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Dimensional and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Dimensional Core Equity does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Dimensional Core Constituents Risk-Adjusted Indicators
There is a big difference between Dimensional Etf performing well and Dimensional Core ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dimensional Core's multiple risk-adjusted performance indicators across the competitive landscape. 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 | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PEZ | 1.02 | 0.05 | 0.02 | 0.18 | 1.09 | 2.45 | 5.14 | |||
| XRLX | 0.35 | 0.00 | (0.05) | 0.05 | 0.46 | 0.73 | 2.37 | |||
| PSET | 0.58 | (0.07) | 0.00 | (0.03) | 0.00 | 1.13 | 3.83 | |||
| PAWZ | 0.67 | (0.06) | 0.00 | (0.06) | 0.00 | 1.08 | 5.00 | |||
| SIXF | 0.21 | 0.02 | (0.04) | 0.13 | 0.20 | 0.45 | 1.43 | |||
| KOOL | 0.60 | 0.01 | 0.00 | 0.07 | 0.84 | 1.12 | 3.22 | |||
| PSR | 0.58 | (0.04) | 0.00 | (0.06) | 0.00 | 1.18 | 3.43 | |||
| GAMR | 0.88 | (0.19) | 0.00 | (0.18) | 0.00 | 1.57 | 5.53 |
Dimensional Core Competitive Analysis
The better you understand Dimensional Core competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Dimensional Core's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Dimensional Core's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Dimensional Core Competition Performance Charts
Five steps to successful analysis of Dimensional Core Competition
Dimensional Core's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Dimensional Core Equity in relation to its competition. Dimensional Core's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Dimensional Core in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Dimensional Core's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Dimensional Core Equity, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Dimensional Core position
In addition to having Dimensional Core in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 18 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Check out Dimensional Core Correlation with its peers. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Dimensional Core Equity is measured differently than its book value, which is the value of Dimensional that is recorded on the company's balance sheet. Investors also form their own opinion of Dimensional Core's value that differs from its market value or its book value, called intrinsic value, which is Dimensional Core's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Dimensional Core's market value can be influenced by many factors that don't directly affect Dimensional Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Dimensional Core's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Dimensional Core should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Dimensional Core's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.