Diamond Hill Funds Etf Market Value
| DHLX Etf | 13.34 0.01 0.07% |
| Symbol | Diamond |
The market value of Diamond Hill Funds is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.
Diamond Hill '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 Diamond Hill's etf 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 Diamond Hill.
| 11/25/2025 |
| 12/25/2025 |
If you would invest 0.00 in Diamond Hill on November 25, 2025 and sell it all today you would earn a total of 0.00 from holding Diamond Hill Funds or generate 0.0% return on investment in Diamond Hill over 30 days. Diamond Hill is related to or competes with RiverFront Dynamic, First Trust, Formidable ETF, Formidable Fortress, First Trust, Franklin FTSE, and ProShares Ultra. Diamond Hill is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
Diamond Hill 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 Diamond Hill's etf 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 Diamond Hill Funds upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.696 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 2.46 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.03 |
Diamond Hill Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamond Hill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diamond Hill's standard deviation. In reality, there are many statistical measures that can use Diamond Hill historical prices to predict the future Diamond Hill's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0323 |
Diamond Hill Funds Backtested Returns
At this stage we consider Diamond Etf to be very steady. Diamond Hill Funds secures Sharpe Ratio (or Efficiency) of 0.0425, which denotes the etf had a 0.0425 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Diamond Hill Funds, which you can use to evaluate the volatility of the entity. Please confirm Diamond Hill's Semi Deviation of 0.6288, mean deviation of 0.5781, and Downside Deviation of 0.696 to check if the risk estimate we provide is consistent with the expected return of 0.0306%. The etf shows a Beta (market volatility) of 0.65, which means possible diversification benefits within a given portfolio. As returns on the market increase, Diamond Hill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diamond Hill is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
Diamond Hill Funds has below average predictability. Overlapping area represents the amount of predictability between Diamond Hill time series from 25th of November 2025 to 10th of December 2025 and 10th of December 2025 to 25th of December 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 Diamond Hill Funds price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Diamond Hill price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Diamond Hill Funds lagged returns against current returns
Autocorrelation, which is Diamond Hill etf'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 Diamond Hill's etf expected returns. We can calculate the autocorrelation of Diamond Hill returns to help us make a trade decision. For example, suppose you find that Diamond Hill has exhibited high autocorrelation historically, and you observe that the etf 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 |
Diamond Hill 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 Diamond Hill etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diamond Hill etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diamond Hill etf over time.
Current vs Lagged Prices |
| Timeline |
Diamond Hill Lagged Returns
When evaluating Diamond Hill's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diamond Hill etf have on its future price. Diamond Hill 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, Diamond Hill autocorrelation shows the relationship between Diamond Hill etf current value and its past values and can show if there is a momentum factor associated with investing in Diamond Hill Funds.
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.When determining whether Diamond Hill Funds offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamond Hill's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diamond Hill Funds Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Diamond Hill Funds Etf:Check out Diamond Hill Correlation, Diamond Hill Volatility and Diamond Hill Alpha and Beta module to complement your research on Diamond Hill. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Diamond Hill technical etf 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, etf market cycles, or different charting patterns.