Dgi Balanced Fund Market Value
| DGINX Fund | USD 11.93 0.05 0.42% |
| Symbol | Dgi |
Dgi Balanced '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 Dgi Balanced'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 Dgi Balanced.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Dgi Balanced on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Dgi Balanced or generate 0.0% return on investment in Dgi Balanced over 30 days. Dgi Balanced is related to or competes with Prudential Government, Us Government, Lord Abbett, Fidelity Series, Us Government, Franklin Adjustable, and Government Securities. The fund seeks to attain its investment objectives by investing in a diversified portfolio of equity and fixed income se... More
Dgi Balanced 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 Dgi Balanced'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 Dgi Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5346 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.31 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.7627 |
Dgi Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dgi Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dgi Balanced's standard deviation. In reality, there are many statistical measures that can use Dgi Balanced historical prices to predict the future Dgi Balanced's volatility.| Risk Adjusted Performance | 0.0576 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.0547 |
Dgi Balanced Backtested Returns
At this stage we consider Dgi Mutual Fund to be very steady. Dgi Balanced secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Dgi Balanced, which you can use to evaluate the volatility of the entity. Please confirm Dgi Balanced's Coefficient Of Variation of 1201.37, downside deviation of 0.5346, and Mean Deviation of 0.3473 to check if the risk estimate we provide is consistent with the expected return of 0.0516%. The fund shows a Beta (market volatility) of 0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dgi Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dgi Balanced is expected to be smaller as well.
Auto-correlation | 0.68 |
Good predictability
Dgi Balanced has good predictability. Overlapping area represents the amount of predictability between Dgi Balanced time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Dgi Balanced price movement. The serial correlation of 0.68 indicates that around 68.0% of current Dgi Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dgi Balanced lagged returns against current returns
Autocorrelation, which is Dgi Balanced 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 Dgi Balanced's mutual fund expected returns. We can calculate the autocorrelation of Dgi Balanced returns to help us make a trade decision. For example, suppose you find that Dgi Balanced 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 |
Dgi Balanced 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 Dgi Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dgi Balanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dgi Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dgi Balanced Lagged Returns
When evaluating Dgi Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dgi Balanced mutual fund have on its future price. Dgi Balanced 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, Dgi Balanced autocorrelation shows the relationship between Dgi Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dgi Balanced.
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 Dgi Mutual Fund
Dgi Balanced financial ratios help investors to determine whether Dgi 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 Dgi with respect to the benefits of owning Dgi Balanced security.
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