Us Small Cap Fund Market Value
| DFSTX Fund | USD 48.86 0.79 1.64% |
| Symbol | DFSTX |
Us Small '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 Us Small'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 Us Small.
| 06/26/2024 |
| 07/26/2024 |
If you would invest 0.00 in Us Small on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Us Small Cap or generate 0.0% return on investment in Us Small over 30 days. Us Small is related to or competes with PDD Holdings, HUMANA, Four Leaf, Hartford Healthcare, Via Renewables, Rmb Mendon, and UNITEDHEALTH. The fund, using a market capitalization weighted approach, purchases a broad and diverse group of readily marketable sec... More
Us Small 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 Us Small'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 Us Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9593 | |||
| Information Ratio | 0.0805 | |||
| Maximum Drawdown | 5.4 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.62 |
Us Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Us Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us Small's standard deviation. In reality, there are many statistical measures that can use Us Small historical prices to predict the future Us Small's volatility.| Risk Adjusted Performance | 0.0987 | |||
| Jensen Alpha | 0.0828 | |||
| Total Risk Alpha | 0.0498 | |||
| Sortino Ratio | 0.0889 | |||
| Treynor Ratio | 0.1373 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Us Small'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.
Us Small Cap Backtested Returns
At this stage we consider DFSTX Mutual Fund to be very steady. Us Small Cap retains Efficiency (Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Us Small, which you can use to evaluate the volatility of the fund. Please validate Us Small's Downside Deviation of 0.9593, risk adjusted performance of 0.0987, and Mean Deviation of 0.837 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. The entity owns a Beta (Systematic Risk) of 1.04, which indicates a somewhat significant risk relative to the market. Us Small returns are very sensitive to returns on the market. As the market goes up or down, Us Small is expected to follow.
Auto-correlation | 0.12 |
Insignificant predictability
Us Small Cap has insignificant predictability. Overlapping area represents the amount of predictability between Us Small time series from 26th of June 2024 to 11th of July 2024 and 11th of July 2024 to 26th of July 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 Us Small Cap price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Us Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Us Small Cap lagged returns against current returns
Autocorrelation, which is Us Small 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 Us Small's mutual fund expected returns. We can calculate the autocorrelation of Us Small returns to help us make a trade decision. For example, suppose you find that Us Small 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 |
Us Small 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 Us Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Us Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Us Small Lagged Returns
When evaluating Us Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us Small mutual fund have on its future price. Us Small 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, Us Small autocorrelation shows the relationship between Us Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Us Small Cap.
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 DFSTX Mutual Fund
Us Small financial ratios help investors to determine whether DFSTX 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 DFSTX with respect to the benefits of owning Us Small security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| 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 | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |