Dimensional 2040 Target Fund Price on August 16, 2024
| DRIHX Fund | USD 16.41 0.11 0.67% |
Below is the normalized historical share price chart for Dimensional 2040 Target extending back to November 02, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dimensional 2040 stands at 16.41, as last reported on the 27th of November, with the highest price reaching 16.41 and the lowest price hitting 16.41 during the day.
If you're considering investing in Dimensional Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Dimensional Mutual Fund to be very steady. Dimensional 2040 Target secures Sharpe Ratio (or Efficiency) of 0.077, which denotes the fund had a 0.077% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dimensional 2040 Target, which you can use to evaluate the volatility of the entity. Please confirm Dimensional 2040's Mean Deviation of 0.3936, downside deviation of 0.5509, and Coefficient Of Variation of 1620.66 to check if the risk estimate we provide is consistent with the expected return of 0.0395%.
Dimensional Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Dimensional |
Sharpe Ratio = 0.077
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| Negative Returns | DRIHX |
Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Dimensional 2040 is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dimensional 2040 by adding it to a well-diversified portfolio.
Dimensional 2040 Valuation on August 16, 2024
It is possible to determine the worth of Dimensional 2040 on a given historical date. On August 16, 2024 Dimensional was worth 15.83 at the beginning of the trading date compared to the closed value of 15.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dimensional 2040 mutual fund. Still, in general, we apply an absolute valuation method to find Dimensional 2040's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dimensional 2040 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dimensional 2040's related companies.
| Open | High | Low | Close | Volume | |
| 15.80 | 15.80 | 15.80 | 15.80 | 1.00 | |
08/16/2024 | 15.83 | 15.83 | 15.83 | 15.83 | 1.00 |
| 15.96 | 15.96 | 15.96 | 15.96 | 1.00 |
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Dimensional 2040 Trading Date Momentum on August 16, 2024
| On August 19 2024 Dimensional 2040 Target was traded for 15.96 at the closing time. The highest daily price throughout the period was 15.96 and the lowest price was 15.96 . There was no trading activity during the period 1.0. Lack of trading volume on 08/19/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.82% . The overall trading delta to current closing price is 1.45% . |
Dimensional 2040 Target Fundamentals Correlations and Trends
By evaluating Dimensional 2040's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dimensional 2040's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dimensional financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dimensional 2040 Mutual Fund history
Dimensional 2040 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dimensional is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dimensional 2040 Target will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dimensional 2040 stock prices may prove useful in developing a viable investing in Dimensional 2040
To achieve its investment objective, the Portfolio allocates its assets to other mutual funds managed by the Advisor according to an asset allocation strategy designed for investors planning to retire in or within a few years of 2040 and are planning to withdraw the value of the investment in the Portfolio over many years after the target date. Over time, the Portfolios allocation to the underlying funds is expected to change based on an asset allocation strategy that generally becomes more conservative until reaching the landing point.
Dimensional 2040 Mutual Fund Technical Analysis
Dimensional 2040 technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Dimensional 2040 Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Dimensional 2040 Target cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Dimensional 2040 November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Dimensional 2040 mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dimensional 2040 shares will generate the highest return on investment. By undertsting and applying Dimensional 2040 mutual fund market strength indicators, traders can identify Dimensional 2040 Target entry and exit signals to maximize returns
Dimensional 2040 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dimensional 2040's price direction in advance. Along with the technical and fundamental analysis of Dimensional Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dimensional to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.042 | |||
| Jensen Alpha | 0.0193 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 1.43 |
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| Volume Indicators |
Other Information on Investing in Dimensional Mutual Fund
Dimensional 2040 financial ratios help investors to determine whether Dimensional Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dimensional with respect to the benefits of owning Dimensional 2040 security.
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