Dfa - Correlations

DISMX Fund  USD 15.65  0.12  0.76%   
The current 90-days correlation between Dfa International and Dfa Small is -0.13 (i.e., Good diversification). The correlation of Dfa - 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Dfa - Correlation With Market

Good diversification

The correlation between Dfa International and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa International and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dfa International. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving together with Dfa Mutual Fund

  0.93DIHRX Intal High RelativePairCorr
  0.93DILRX Dfa InternationalPairCorr
  0.84DIPSX Dfa Inflation ProtectedPairCorr
  0.9DISVX Dfa International SmallPairCorr
  0.85DMNBX Dfa Mn MunicipalPairCorr
  0.85DMREX Dfa Municipal RealPairCorr
  0.85DNYMX Dfa Ny MunicipalPairCorr
  0.81DOGMX Dfa Oregon MunicipalPairCorr
  0.61DRIGX Dimensional 2035 TargetPairCorr
  0.74DRIWX Dimensional 2030 TargetPairCorr
  0.83DRIUX Dimensional 2025 TargetPairCorr
  0.86DRIRX Dimensional 2020 TargetPairCorr
  0.88DRIQX Dimensional 2015 TargetPairCorr
  0.75DRXIX Dfa Ltip PortfolioPairCorr
  0.92DSCLX Dfa International SocialPairCorr
  0.82DSFIX Dfa Social FixedPairCorr
  0.78DSSMX Dfa Selective StatePairCorr
  0.85DTCPX Dfa Targeted CreditPairCorr
  0.85DCARX Dfa California MunicipalPairCorr
  0.73DCIBX Dfa Ca IntPairCorr
  0.72DCMSX Dfa Commodity StrategyPairCorr
  0.71DEMGX Emerging Markets TargetedPairCorr
  0.86DESIX Emerging Markets SusPairCorr

Moving against Dfa Mutual Fund

  0.41DSCGX Dfa SmallPairCorr
  0.37DAABX Dfa SustainabilityPairCorr

Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
DISVXDILRX
DUSLXDSCGX
DISVXDEMSX
DEMSXDILRX
DILRXDUSLX
DEMSXDUSLX
  
High negative correlations   
DISVXDSCGX
DILRXDSCGX
DISVXDUSLX
DEMSXDSCGX

Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa - Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dfa -'s multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.