Dimensional Etf Trust Etf Three Year Return
| DFIP Etf | USD 40.91 0.09 0.22% |
Dimensional ETF Trust fundamentals help investors to digest information that contributes to Dimensional ETF's financial success or failures. It also enables traders to predict the movement of Dimensional Etf. The fundamental analysis module provides a way to measure Dimensional ETF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dimensional ETF etf.
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Dimensional ETF Trust ETF Three Year Return Analysis
Dimensional ETF's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Dimensional ETF Three Year Return | (2.20) % |
Most of Dimensional ETF's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dimensional ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Dimensional ETF Trust has a Three Year Return of -2.2%. This is much lower than that of the Dimensional Fund Advisors family and significantly lower than that of the Inflation-Protected Bond category. The three year return for all United States etfs is notably higher than that of the company.
Dimensional Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dimensional ETF's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Dimensional ETF could also be used in its relative valuation, which is a method of valuing Dimensional ETF by comparing valuation metrics of similar companies.Dimensional ETF is currently under evaluation in three year return as compared to similar ETFs.
Dimensional Fundamentals
| Total Asset | 238.81 M | |||
| One Year Return | 6.00 % | |||
| Three Year Return | (2.20) % | |||
| Net Asset | 238.81 M |
About Dimensional ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dimensional ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dimensional ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dimensional ETF Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Dimensional ETF
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dimensional ETF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dimensional ETF will appreciate offsetting losses from the drop in the long position's value.Moving together with Dimensional Etf
| 1.0 | TIP | iShares TIPS Bond Sell-off Trend | PairCorr |
| 0.93 | SPIP | SPDR Portfolio TIPS | PairCorr |
| 0.89 | IVOL | Quadratic Interest Rate | PairCorr |
| 0.92 | JCPI | JPMorgan Inflation | PairCorr |
| 0.99 | TDTF | FlexShares iBoxx 5 | PairCorr |
Moving against Dimensional Etf
| 0.7 | CPII | Ionic Inflation Prot | PairCorr |
| 0.6 | SHLD | Global X Funds | PairCorr |
| 0.6 | WINN | Harbor Long Term | PairCorr |
| 0.51 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to Dimensional ETF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dimensional ETF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dimensional ETF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dimensional ETF Trust to buy it.
The correlation of Dimensional ETF is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dimensional ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dimensional ETF Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dimensional ETF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Dimensional ETF Piotroski F Score and Dimensional ETF Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Dimensional ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Dimensional ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dimensional ETF's market value can be influenced by many factors that don't directly affect Dimensional ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dimensional ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dimensional ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dimensional ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.