Dfa Intl Core Fund Market Value
| DICEX Fund | USD 21.99 0.29 1.34% |
| Symbol | Dfa |
Please note, there is a significant difference between Dfa Intl's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dfa Intl is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dfa Intl'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.
Dfa Intl '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 Dfa Intl'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 Dfa Intl.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Dfa Intl on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Dfa Intl Core or generate 0.0% return on investment in Dfa Intl over 180 days. Dfa Intl is related to or competes with Principal Lifetime, Jhancock Diversified, Delaware Limited-term, Fidelity Advisor, Small Cap, and Harbor Diversified. Dfa Intl is entity of United States. It is traded as Fund on NMFQS exchange. More
Dfa Intl 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 Dfa Intl'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 Dfa Intl Core upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.34 |
Dfa Intl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dfa Intl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dfa Intl's standard deviation. In reality, there are many statistical measures that can use Dfa Intl historical prices to predict the future Dfa Intl's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dfa Intl'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.
Dfa Intl Core Backtested Returns
Dfa Intl Core secures Sharpe Ratio (or Efficiency) of -0.0321, which denotes the fund had a -0.0321% return per unit of standard deviation over the last 3 months. Dfa Intl Core exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dfa Intl's Coefficient Of Variation of (1,771), mean deviation of 0.5468, and Standard Deviation of 0.7452 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Dfa Intl's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dfa Intl is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
Dfa Intl Core has poor reverse predictability. Overlapping area represents the amount of predictability between Dfa Intl time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Dfa Intl Core price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Dfa Intl price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Dfa Intl Core lagged returns against current returns
Autocorrelation, which is Dfa Intl 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 Dfa Intl's mutual fund expected returns. We can calculate the autocorrelation of Dfa Intl returns to help us make a trade decision. For example, suppose you find that Dfa Intl 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 |
Dfa Intl 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 Dfa Intl mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dfa Intl mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dfa Intl mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dfa Intl Lagged Returns
When evaluating Dfa Intl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dfa Intl mutual fund have on its future price. Dfa Intl 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, Dfa Intl autocorrelation shows the relationship between Dfa Intl mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dfa Intl 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 Dfa Mutual Fund
Dfa Intl financial ratios help investors to determine whether Dfa 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 Dfa with respect to the benefits of owning Dfa Intl security.
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