World Ex Core Fund Market Value
| DFWIX Fund | USD 13.35 0.03 0.23% |
| Symbol | World |
World Ex 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to World Ex's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of World Ex.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in World Ex on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding World Ex Core or generate 0.0% return on investment in World Ex over 570 days. World Ex is related to or competes with Dfa Inflation, Dfa International, Dfa International, Dfa Municipal, Dfa Ny, Dimensional 2045, and Dimensional 2040. The Portfolio is designed to provide exposure to a broad and diverse group of securities of non-U.S More
World Ex Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure World Ex's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess World Ex Core upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.47 |
World Ex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for World Ex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as World Ex's standard deviation. In reality, there are many statistical measures that can use World Ex historical prices to predict the future World Ex's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.09) |
World Ex Core Backtested Returns
World Ex Core shows Sharpe Ratio of -0.0632, which attests that the fund had a -0.0632% return per unit of risk over the last 3 months. World Ex Core exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out World Ex's Market Risk Adjusted Performance of (0.08), standard deviation of 0.7935, and Mean Deviation of 0.6025 to validate the risk estimate we provide. The entity maintains a market beta of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, World Ex's returns are expected to increase less than the market. However, during the bear market, the loss of holding World Ex is expected to be smaller as well.
Auto-correlation | 0.41 |
Average predictability
World Ex Core has average predictability. Overlapping area represents the amount of predictability between World Ex time series from 4th of May 2023 to 13th of February 2024 and 13th of February 2024 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of World Ex Core price movement. The serial correlation of 0.41 indicates that just about 41.0% of current World Ex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
World Ex Core lagged returns against current returns
Autocorrelation, which is World Ex mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting World Ex's mutual fund expected returns. We can calculate the autocorrelation of World Ex returns to help us make a trade decision. For example, suppose you find that World Ex has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
World Ex regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If World Ex mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if World Ex mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in World Ex mutual fund over time.
Current vs Lagged Prices |
| Timeline |
World Ex Lagged Returns
When evaluating World Ex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of World Ex mutual fund have on its future price. World Ex autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, World Ex autocorrelation shows the relationship between World Ex mutual fund current value and its past values and can show if there is a momentum factor associated with investing in World Ex Core.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in World Mutual Fund
World Ex financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Ex security.
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