Dgi Investment Trust Fund Market Value
| DGITX Fund | USD 11.78 0.09 0.77% |
| Symbol | DGI |
Dgi Investment '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 Investment'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 Investment.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Dgi Investment on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Dgi Investment Trust or generate 0.0% return on investment in Dgi Investment over 30 days. Dgi Investment is related to or competes with Federated Government, Touchstone Ultra, Nuveen Short-duration, Angel Oak, and Aqr Sustainable. The fund seeks to attain its investment objectives by investing in a diversified portfolio of equity and fixed income se... More
Dgi Investment 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 Investment'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 Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.7699 |
Dgi Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dgi Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dgi Investment's standard deviation. In reality, there are many statistical measures that can use Dgi Investment historical prices to predict the future Dgi Investment's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dgi Investment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dgi Investment Trust Backtested Returns
At this stage we consider DGI Mutual Fund to be very steady. Dgi Investment Trust secures Sharpe Ratio (or Efficiency) of 0.0316, which denotes the fund had a 0.0316 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Dgi Investment Trust, which you can use to evaluate the volatility of the entity. Please confirm Dgi Investment's Mean Deviation of 0.3846, variance of 0.2982, and Standard Deviation of 0.5461 to check if the risk estimate we provide is consistent with the expected return of 0.0174%. The fund shows a Beta (market volatility) of 0.0866, which means not very significant fluctuations relative to the market. As returns on the market increase, Dgi Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dgi Investment is expected to be smaller as well.
Auto-correlation | -0.41 |
Modest reverse predictability
Dgi Investment Trust has modest reverse predictability. Overlapping area represents the amount of predictability between Dgi Investment time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. 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 Investment Trust price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Dgi Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Dgi Investment Trust lagged returns against current returns
Autocorrelation, which is Dgi Investment 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 Investment's mutual fund expected returns. We can calculate the autocorrelation of Dgi Investment returns to help us make a trade decision. For example, suppose you find that Dgi Investment 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 Investment 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 Investment mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dgi Investment 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 Investment mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dgi Investment Lagged Returns
When evaluating Dgi Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dgi Investment mutual fund have on its future price. Dgi Investment 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 Investment autocorrelation shows the relationship between Dgi Investment mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dgi Investment Trust.
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 Investment 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 Investment security.
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