Dodge Cox Income Fund Market Value
| DOXIX Fund | USD 12.72 0.04 0.32% |
| Symbol | Dodge |
Dodge Cox '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 Cox'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 Cox.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Dodge Cox on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Dodge Cox Income or generate 0.0% return on investment in Dodge Cox over 30 days. Dodge Cox is related to or competes with Ivy Natural, Victory Global, Goldman Sachs, and Hennessy. The fund invests in a diversified portfolio of bonds and other debt securities More
Dodge Cox 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 Cox'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 Cox Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 1.35 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.4706 |
Dodge Cox Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dodge Cox's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dodge Cox's standard deviation. In reality, there are many statistical measures that can use Dodge Cox historical prices to predict the future Dodge Cox's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.5609 |
Dodge Cox Income Backtested Returns
Dodge Cox Income secures Sharpe Ratio (or Efficiency) of -0.0173, which denotes the fund had a -0.0173% return per unit of standard deviation over the last 3 months. Dodge Cox Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dodge Cox's Mean Deviation of 0.2345, standard deviation of 0.3199, and Coefficient Of Variation of (1,730) to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0508, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dodge Cox are expected to decrease at a much lower rate. During the bear market, Dodge Cox is likely to outperform the market.
Auto-correlation | 0.29 |
Poor predictability
Dodge Cox Income has poor predictability. Overlapping area represents the amount of predictability between Dodge Cox time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Dodge Cox Income price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Dodge Cox price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dodge Cox Income lagged returns against current returns
Autocorrelation, which is Dodge Cox 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 Cox's mutual fund expected returns. We can calculate the autocorrelation of Dodge Cox returns to help us make a trade decision. For example, suppose you find that Dodge Cox 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 Cox 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 Cox mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dodge Cox 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 Cox mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dodge Cox Lagged Returns
When evaluating Dodge Cox's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dodge Cox mutual fund have on its future price. Dodge Cox 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 Cox autocorrelation shows the relationship between Dodge Cox mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dodge Cox Income.
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 Cox 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 Cox security.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |