Dfa Targeted Credit Fund Market Value
| DTCPX Fund | USD 9.55 0.01 0.10% |
| Symbol | Dfa |
Dfa Targeted '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 Targeted'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 Targeted.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Dfa Targeted on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Dfa Targeted Credit or generate 0.0% return on investment in Dfa Targeted over 30 days. Dfa Targeted is related to or competes with Intal High, Dfa -, Dfa Inflation, Dfa International, Dfa -, Dfa Mn, and Dfa Municipal. The fund seeks to maximize total returns from a universe of U.S More
Dfa Targeted 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 Targeted'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 Targeted Credit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 0.2118 | |||
| Potential Upside | 0.1058 |
Dfa Targeted Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dfa Targeted's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dfa Targeted's standard deviation. In reality, there are many statistical measures that can use Dfa Targeted historical prices to predict the future Dfa Targeted's volatility.| Risk Adjusted Performance | 0.1677 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | 0.008 | |||
| Treynor Ratio | 0.784 |
Dfa Targeted Credit Backtested Returns
At this stage we consider Dfa Mutual Fund to be very steady. Dfa Targeted Credit secures Sharpe Ratio (or Efficiency) of 0.36, which denotes the fund had a 0.36% return per unit of standard deviation over the last 3 months. We have found twenty technical indicators for Dfa Targeted Credit, which you can use to evaluate the volatility of the entity. Please confirm Dfa Targeted's Mean Deviation of 0.0366, coefficient of variation of 253.54, and Standard Deviation of 0.0486 to check if the risk estimate we provide is consistent with the expected return of 0.0173%. The fund shows a Beta (market volatility) of 0.0117, which means not very significant fluctuations relative to the market. As returns on the market increase, Dfa Targeted's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dfa Targeted is expected to be smaller as well.
Auto-correlation | 0.68 |
Good predictability
Dfa Targeted Credit has good predictability. Overlapping area represents the amount of predictability between Dfa Targeted time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Dfa Targeted Credit price movement. The serial correlation of 0.68 indicates that around 68.0% of current Dfa Targeted price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dfa Targeted Credit lagged returns against current returns
Autocorrelation, which is Dfa Targeted 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 Targeted's mutual fund expected returns. We can calculate the autocorrelation of Dfa Targeted returns to help us make a trade decision. For example, suppose you find that Dfa Targeted 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 Targeted 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 Targeted mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dfa Targeted 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 Targeted mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dfa Targeted Lagged Returns
When evaluating Dfa Targeted's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dfa Targeted mutual fund have on its future price. Dfa Targeted 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 Targeted autocorrelation shows the relationship between Dfa Targeted mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dfa Targeted Credit.
Regressed Prices |
| Timeline |
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Other Information on Investing in Dfa Mutual Fund
Dfa Targeted 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 Targeted security.
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