Dfa International Real Fund Market Value

DFITX Fund  USD 3.48  0.04  1.16%   
Dfa International's market value is the price at which a share of Dfa International trades on a public exchange. It measures the collective expectations of Dfa International Real investors about its performance. Dfa International is trading at 3.48 as of the 23rd of April 2024; that is 1.16 percent up since the beginning of the trading day. The fund's open price was 3.44.
With this module, you can estimate the performance of a buy and hold strategy of Dfa International Real and determine expected loss or profit from investing in Dfa International over a given investment horizon. Check out Dfa International Correlation, Dfa International Volatility and Dfa International Alpha and Beta module to complement your research on Dfa International.
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Please note, there is a significant difference between Dfa International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dfa International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dfa International'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.

Dfa International '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 International'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 International.
0.00
05/04/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
04/23/2024
0.00
If you would invest  0.00  in Dfa International on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Dfa International Real or generate 0.0% return on investment in Dfa International over 720 days. Dfa International is related to or competes with T Rowe, Rbb Fund, Semiconductor Ultrasector, Qs Growth, Ab Value, and Artisan Thematic. The Portfolio, using a market capitalization weighted approach, purchases a broad and diverse set of securities of non-U... More

Dfa International 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 International'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 International Real upside and downside potential and time the market with a certain degree of confidence.

Dfa International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dfa International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dfa International's standard deviation. In reality, there are many statistical measures that can use Dfa International historical prices to predict the future Dfa International's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dfa International'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.
Hype
Prediction
LowEstimatedHigh
2.723.484.24
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Intrinsic
Valuation
LowRealHigh
2.743.504.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dfa International. Your research has to be compared to or analyzed against Dfa International's peers to derive any actionable benefits. When done correctly, Dfa International'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 Dfa International Real.

Dfa International Real Backtested Returns

Dfa International Real secures Sharpe Ratio (or Efficiency) of -0.0386, which denotes the fund had a -0.0386% return per unit of standard deviation over the last 3 months. Dfa International Real exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dfa International's Coefficient Of Variation of (2,589), mean deviation of 0.5479, and Standard Deviation of 0.7582 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.92, which means possible diversification benefits within a given portfolio. Dfa International returns are very sensitive to returns on the market. As the market goes up or down, Dfa International is expected to follow.

Auto-correlation

    
  0.59  

Modest predictability

Dfa International Real has modest predictability. Overlapping area represents the amount of predictability between Dfa International time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 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 International Real price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Dfa International price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test-0.26
Residual Average0.0
Price Variance0.02

Dfa International Real lagged returns against current returns

Autocorrelation, which is Dfa International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Dfa International returns to help us make a trade decision. For example, suppose you find that Dfa International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dfa International 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 International mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Dfa International Lagged Returns

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

Pair Trading with Dfa International

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 Dfa International 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 Dfa International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dfa Mutual Fund

  0.62DIHRX Intal High RelativePairCorr
  0.68DISMX Dfa InternationalPairCorr
The ability to find closely correlated positions to Dfa International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dfa International 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 Dfa International - 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 Dfa International Real to buy it.
The correlation of Dfa International 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 Dfa International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dfa International Real 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 Dfa International 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
Check out Dfa International Correlation, Dfa International Volatility and Dfa International Alpha and Beta module to complement your research on Dfa International.
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Dfa International technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Dfa International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dfa International 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...