Dodge Balanced Fund Market Value
| DODBX Fund | USD 106.18 0.54 0.51% |
| Symbol | Dodge |
Dodge 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 Dodge 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 Dodge Balanced.
| 02/11/2023 |
| 01/31/2025 |
If you would invest 0.00 in Dodge Balanced on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding Dodge Balanced Fund or generate 0.0% return on investment in Dodge Balanced over 720 days. Dodge Balanced is related to or competes with Dodge Cox, Dodge Cox, Dodge Income, Oakmark Equity, and T Rowe. The investment seeks regular income, conservation of principal, and an opportunity for long-term growth of principal and... More
Dodge 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 Dodge 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 Dodge Balanced Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.1 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.7634 |
Dodge Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dodge Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dodge Balanced's standard deviation. In reality, there are many statistical measures that can use Dodge Balanced historical prices to predict the future Dodge Balanced's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.06) |
Dodge Balanced Backtested Returns
Dodge Balanced secures Sharpe Ratio (or Efficiency) of -0.0249, which denotes the fund had a -0.0249 % return per unit of standard deviation over the last 3 months. Dodge Balanced Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dodge Balanced's Standard Deviation of 0.8673, coefficient of variation of (4,018), and Mean Deviation of 0.4317 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dodge Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dodge Balanced is expected to be smaller as well.
Auto-correlation | 0.39 |
Below average predictability
Dodge Balanced Fund has below average predictability. Overlapping area represents the amount of predictability between Dodge Balanced time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st 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 Dodge Balanced price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Dodge Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 12.54 |
Dodge Balanced lagged returns against current returns
Autocorrelation, which is Dodge 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 Dodge Balanced's mutual fund expected returns. We can calculate the autocorrelation of Dodge Balanced returns to help us make a trade decision. For example, suppose you find that Dodge 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 |
Dodge 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 Dodge Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dodge 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 Dodge Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dodge Balanced Lagged Returns
When evaluating Dodge Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dodge Balanced mutual fund have on its future price. Dodge 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, Dodge Balanced autocorrelation shows the relationship between Dodge Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dodge Balanced Fund.
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 Dodge Mutual Fund
Dodge Balanced financial ratios help investors to determine whether Dodge 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 Dodge with respect to the benefits of owning Dodge Balanced security.
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