Dimensional 2015 Target Fund Market Value
| DRIQX Fund | USD 10.86 0.08 0.74% |
| Symbol | Dimensional |
Dimensional 2015 '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 2015'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 Dimensional 2015.
| 08/10/2023 |
| 05/06/2024 |
If you would invest 0.00 in Dimensional 2015 on August 10, 2023 and sell it all today you would earn a total of 0.00 from holding Dimensional 2015 Target or generate 0.0% return on investment in Dimensional 2015 over 270 days. Dimensional 2015 is related to or competes with Intal High, Dfa -, Dfa Inflation, Dfa International, Dfa -, Dfa Mn, and Dfa Municipal. To achieve its investment objective, the Portfolio allocates its assets to other mutual funds managed by the Advisor acc... More
Dimensional 2015 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 2015'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 Dimensional 2015 Target upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4501 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 1.66 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.5545 |
Dimensional 2015 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dimensional 2015's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dimensional 2015's standard deviation. In reality, there are many statistical measures that can use Dimensional 2015 historical prices to predict the future Dimensional 2015's volatility.| Risk Adjusted Performance | 0.0083 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dimensional 2015'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.
Dimensional 2015 Target Backtested Returns
We consider Dimensional 2015 very steady. Dimensional 2015 Target secures Sharpe Ratio (or Efficiency) of 0.0443, which denotes the fund had a 0.0443% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dimensional 2015 Target, which you can use to evaluate the volatility of the entity. Please confirm Dimensional 2015's Downside Deviation of 0.4501, mean deviation of 0.267, and Coefficient Of Variation of 3990.93 to check if the risk estimate we provide is consistent with the expected return of 0.0153%. The fund shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dimensional 2015's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dimensional 2015 is expected to be smaller as well.
Auto-correlation | -0.32 |
Poor reverse predictability
Dimensional 2015 Target has poor reverse predictability. Overlapping area represents the amount of predictability between Dimensional 2015 time series from 10th of August 2023 to 23rd of December 2023 and 23rd of December 2023 to 6th of May 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 2015 Target price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Dimensional 2015 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dimensional 2015 Target lagged returns against current returns
Autocorrelation, which is Dimensional 2015 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 Dimensional 2015's mutual fund expected returns. We can calculate the autocorrelation of Dimensional 2015 returns to help us make a trade decision. For example, suppose you find that Dimensional 2015 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 |
Dimensional 2015 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 2015 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dimensional 2015 mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dimensional 2015 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dimensional 2015 Lagged Returns
When evaluating Dimensional 2015's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dimensional 2015 mutual fund have on its future price. Dimensional 2015 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 2015 autocorrelation shows the relationship between Dimensional 2015 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dimensional 2015 Target.
Regressed Prices |
| Timeline |
Pair Trading with Dimensional 2015
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 2015 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 2015 will appreciate offsetting losses from the drop in the long position's value.Moving together with Dimensional Mutual Fund
| 0.88 | DIHRX | Intal High Relative | PairCorr |
| 0.87 | DILRX | Dfa International | PairCorr |
| 0.8 | DIPSX | Dfa Inflation Protected | PairCorr |
| 0.91 | DISMX | Dfa International | PairCorr |
The ability to find closely correlated positions to Dimensional 2015 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 2015 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 2015 - 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 2015 Target to buy it.
The correlation of Dimensional 2015 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 2015 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dimensional 2015 Target 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 2015 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.Check out Dimensional 2015 Correlation, Dimensional 2015 Volatility and Dimensional 2015 Alpha and Beta module to complement your research on Dimensional 2015. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Dimensional 2015 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.