Dfa Global Real Fund Market Value
| DFGEX Fund | USD 11.13 0.09 0.80% |
| Symbol | Dfa |
Dfa 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 Dfa 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 Dfa Global.
| 03/04/2024 |
| 08/31/2024 |
If you would invest 0.00 in Dfa Global on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding Dfa Global Real or generate 0.0% return on investment in Dfa Global over 180 days. Dfa Global is related to or competes with International Core, Emerging Markets, Us Core, Dfa International, and Dfa Five-year. The Portfolio seeks to achieve exposure to a broad portfolio of securities of U.S More
Dfa 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 Dfa 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 Dfa Global Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9114 | |||
| Information Ratio | 0.1115 | |||
| Maximum Drawdown | 4.97 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 1.54 |
Dfa Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dfa Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dfa Global's standard deviation. In reality, there are many statistical measures that can use Dfa Global historical prices to predict the future Dfa Global's volatility.| Risk Adjusted Performance | 0.1993 | |||
| Jensen Alpha | 0.212 | |||
| Total Risk Alpha | 0.0839 | |||
| Sortino Ratio | 0.1012 | |||
| Treynor Ratio | (2.67) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dfa 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.
Dfa Global Real Backtested Returns
At this stage we consider Dfa Mutual Fund to be very steady. Dfa Global Real secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the fund had a 0.24% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Dfa Global Real, which you can use to evaluate the volatility of the entity. Please confirm Dfa Global's Mean Deviation of 0.6131, downside deviation of 0.9114, and Semi Deviation of 0.5366 to check if the risk estimate we provide is consistent with the expected return of 0.19%. The fund shows a Beta (market volatility) of -0.0761, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dfa Global are expected to decrease at a much lower rate. During the bear market, Dfa Global is likely to outperform the market.
Auto-correlation | -0.4 |
Poor reverse predictability
Dfa Global Real has poor reverse predictability. Overlapping area represents the amount of predictability between Dfa Global time series from 4th of March 2024 to 2nd of June 2024 and 2nd of June 2024 to 31st of August 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 Dfa Global Real price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Dfa Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Dfa Global Real lagged returns against current returns
Autocorrelation, which is Dfa 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 Dfa Global's mutual fund expected returns. We can calculate the autocorrelation of Dfa Global returns to help us make a trade decision. For example, suppose you find that Dfa 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 |
Dfa 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 Dfa Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dfa 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 Dfa Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dfa Global Lagged Returns
When evaluating Dfa Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dfa Global mutual fund have on its future price. Dfa 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, Dfa Global autocorrelation shows the relationship between Dfa Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dfa Global Real.
Regressed Prices |
| Timeline |
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Other Information on Investing in Dfa Mutual Fund
Dfa Global 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 Global security.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |