Dodge Global Stock Fund Market Value
| DODWX Fund | USD 14.45 0.09 0.62% |
| Symbol | Dodge |
Dodge Global '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 Global'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 Global.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Dodge Global on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Dodge Global Stock or generate 0.0% return on investment in Dodge Global over 180 days. Dodge Global is related to or competes with Rbc Small, Glg Intl, Touchstone Small, Lebenthal Lisanti, Sp Smallcap, Tax-managed, and Artisan Small. Under normal circumstances, the fund will invest at least 40 percent of its total assets in securities of non-U.S More
Dodge Global 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 Global'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 Global Stock upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 14.19 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 0.8415 |
Dodge Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dodge Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dodge Global's standard deviation. In reality, there are many statistical measures that can use Dodge Global historical prices to predict the future Dodge Global's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dodge Global'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.
Dodge Global Stock Backtested Returns
Dodge Global Stock secures Sharpe Ratio (or Efficiency) of -0.0959, which denotes the fund had a -0.0959 % return per unit of standard deviation over the last 3 months. Dodge Global Stock exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dodge Global's Coefficient Of Variation of (1,093), standard deviation of 1.72, and Mean Deviation of 0.6731 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dodge Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dodge Global is expected to be smaller as well.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Dodge Global Stock has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Dodge Global time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 Global Stock price movement. The serial correlation of -0.78 indicates that around 78.0% of current Dodge Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 1.26 |
Dodge Global Stock lagged returns against current returns
Autocorrelation, which is Dodge Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Dodge Global returns to help us make a trade decision. For example, suppose you find that Dodge Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dodge Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dodge Global Lagged Returns
When evaluating Dodge Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dodge Global mutual fund have on its future price. Dodge Global 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 Global autocorrelation shows the relationship between Dodge Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dodge Global Stock.
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 Global 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 Global security.
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