Dimensional Targeted Value Etf Market Value

DFAT Etf  USD 51.47  0.08  0.16%   
Dimensional Targeted's market value is the price at which a share of Dimensional Targeted trades on a public exchange. It measures the collective expectations of Dimensional Targeted Value investors about its performance. Dimensional Targeted is selling for under 51.47 as of the 22nd of June 2024; that is 0.16 percent up since the beginning of the trading day. The etf's last reported lowest price was 51.04.
With this module, you can estimate the performance of a buy and hold strategy of Dimensional Targeted Value and determine expected loss or profit from investing in Dimensional Targeted over a given investment horizon. Check out Dimensional Targeted Correlation, Dimensional Targeted Volatility and Dimensional Targeted Alpha and Beta module to complement your research on Dimensional Targeted.

The market value of Dimensional Targeted is measured differently than its book value, which is the value of Dimensional that is recorded on the company's balance sheet. Investors also form their own opinion of Dimensional Targeted's value that differs from its market value or its book value, called intrinsic value, which is Dimensional Targeted's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dimensional Targeted's market value can be influenced by many factors that don't directly affect Dimensional Targeted's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dimensional Targeted's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dimensional Targeted is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dimensional Targeted'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.

Dimensional 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 Dimensional Targeted's etf 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 Dimensional Targeted.
No Change 0.00  0.0 
In 31 days
If you would invest  0.00  in Dimensional Targeted on May 23, 2024 and sell it all today you would earn a total of 0.00 from holding Dimensional Targeted Value or generate 0.0% return on investment in Dimensional Targeted over 30 days. Dimensional Targeted is related to or competes with First Trust, Barloworld, Morningstar Unconstrained, High Yield, Via Renewables, Victory Sophus, and Jpmorgan Equity. As a non-fundamental policy, under normal circumstances, the fund will invest at least 80 percent of its net assets in s... More

Dimensional 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 Dimensional Targeted's etf 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 Dimensional Targeted Value upside and downside potential and time the market with a certain degree of confidence.

Dimensional Targeted Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dimensional Targeted's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dimensional Targeted's standard deviation. In reality, there are many statistical measures that can use Dimensional Targeted historical prices to predict the future Dimensional Targeted's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dimensional Targeted'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.
Band Projection (param)
LowerMiddle BandUpper
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dimensional Targeted. Your research has to be compared to or analyzed against Dimensional Targeted's peers to derive any actionable benefits. When done correctly, Dimensional Targeted's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dimensional Targeted.

Dimensional Targeted Backtested Returns

Dimensional Targeted secures Sharpe Ratio (or Efficiency) of -0.0343, which denotes the etf had a -0.0343% return per unit of risk over the last 3 months. Dimensional Targeted Value exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dimensional Targeted's Mean Deviation of 0.8196, variance of 1.05, and Standard Deviation of 1.02 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 1.18, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dimensional Targeted will likely underperform.



Modest reverse predictability

Dimensional Targeted Value has modest reverse predictability. Overlapping area represents the amount of predictability between Dimensional Targeted time series from 23rd of May 2024 to 7th of June 2024 and 7th of June 2024 to 22nd of June 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 Dimensional Targeted price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Dimensional Targeted price fluctuation can be explain by its past prices.
Correlation Coefficient-0.43
Spearman Rank Test0.26
Residual Average0.0
Price Variance0.13

Dimensional Targeted lagged returns against current returns

Autocorrelation, which is Dimensional Targeted etf'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 Dimensional Targeted's etf expected returns. We can calculate the autocorrelation of Dimensional Targeted returns to help us make a trade decision. For example, suppose you find that Dimensional Targeted has exhibited high autocorrelation historically, and you observe that the etf 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   

Dimensional 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 Dimensional Targeted etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dimensional Targeted etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dimensional Targeted etf over time.
   Current vs Lagged Prices   

Dimensional Targeted Lagged Returns

When evaluating Dimensional Targeted's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dimensional Targeted etf have on its future price. Dimensional 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, Dimensional Targeted autocorrelation shows the relationship between Dimensional Targeted etf current value and its past values and can show if there is a momentum factor associated with investing in Dimensional Targeted Value.
   Regressed Prices   

Pair Trading with Dimensional Targeted

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dimensional Targeted position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dimensional Targeted will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dimensional Etf

  0.98VBR Vanguard Small CapPairCorr
  0.99IWN iShares Russell 2000PairCorr
  0.98IJS iShares SP SmallPairCorr
  0.98SLYV SPDR SP 600PairCorr
The ability to find closely correlated positions to Dimensional Targeted could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dimensional Targeted when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dimensional Targeted - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dimensional Targeted Value to buy it.
The correlation of Dimensional Targeted is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dimensional Targeted moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dimensional Targeted moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dimensional Targeted can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Information and Resources on Investing in Dimensional Etf

When determining whether Dimensional Targeted is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Dimensional Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dimensional Targeted Value Etf. Highlighted below are key reports to facilitate an investment decision about Dimensional Targeted Value Etf:
Check out Dimensional Targeted Correlation, Dimensional Targeted Volatility and Dimensional Targeted Alpha and Beta module to complement your research on Dimensional Targeted.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Dimensional Targeted technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of Dimensional Targeted technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dimensional Targeted trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...