Dimensional 2010 Correlations
| DRIBXDelisted Fund | USD 11.67 0.00 0.00% |
The current 90-days correlation between Dimensional 2010 Target and Auer Growth Fund is 0.04 (i.e., Significant diversification). The correlation of Dimensional 2010 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.
Dimensional 2010 Correlation With Market
Significant diversification
The correlation between Dimensional 2010 Target and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional 2010 Target and DJI in the same portfolio, assuming nothing else is changed.
Dimensional |
Moving against Dimensional Mutual Fund
| 0.74 | PGLSX | Global Multi Strategy | PairCorr |
| 0.63 | RRTAX | T Rowe Price | PairCorr |
| 0.62 | PARAX | T Rowe Price | PairCorr |
| 0.57 | HTD | John Hancock Tax | PairCorr |
| 0.55 | RAATX | American Funds 2010 | PairCorr |
| 0.54 | AAATX | American Funds 2010 | PairCorr |
| 0.54 | CCATX | American Funds 2010 | PairCorr |
| 0.53 | REATX | American Funds 2010 | PairCorr |
| 0.52 | FFFCX | Fidelity Freedom 2010 | PairCorr |
| 0.51 | FSNKX | Fidelity Freedom 2010 | PairCorr |
| 0.51 | FAATX | American Funds 2010 | PairCorr |
| 0.5 | KF | Korea Closed | PairCorr |
| 0.49 | FOTKX | Fidelity Freedom 2010 | PairCorr |
| 0.49 | TIMUX | Transamerica Intermediate | PairCorr |
| 0.41 | BRUFX | Bruce Fund Bruce | PairCorr |
| 0.4 | RYMBX | Commodities Strategy | PairCorr |
| 0.37 | GIOIX | Guggenheim Macro Opp | PairCorr |
| 0.34 | RYMEX | Commodities Strategy | PairCorr |
| 0.74 | DD | Dupont De Nemours | PairCorr |
| 0.65 | JPM | JPMorgan Chase | PairCorr |
| 0.64 | IBM | International Business | PairCorr |
| 0.54 | DBIWX | Dws Global Macro | PairCorr |
| 0.52 | GE | GE Aerospace | PairCorr |
| 0.5 | MCD | McDonalds | PairCorr |
| 0.47 | T | ATT Inc Aggressive Push | PairCorr |
| 0.4 | JNJ | Johnson Johnson | PairCorr |
| 0.36 | BA | Boeing | PairCorr |
| 0.34 | HPQ | HP Inc | PairCorr |
| 0.34 | MMM | 3M Company | PairCorr |
Related Correlations Analysis
| 0.66 | 0.42 | 0.84 | 0.91 | AUERX | ||
| 0.66 | 0.93 | 0.66 | 0.82 | FGTZX | ||
| 0.42 | 0.93 | 0.4 | 0.6 | LMLRX | ||
| 0.84 | 0.66 | 0.4 | 0.88 | ARTSX | ||
| 0.91 | 0.82 | 0.6 | 0.88 | TEGAX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Dimensional Mutual Fund performing well and Dimensional 2010 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 Dimensional 2010'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AUERX | 0.86 | (0.07) | 0.00 | (0.09) | 0.00 | 1.59 | 4.19 | |||
| FGTZX | 0.62 | (0.03) | 0.00 | (0.04) | 0.00 | 1.08 | 3.38 | |||
| LMLRX | 0.33 | (0.01) | 0.00 | (0.03) | 0.00 | 0.61 | 2.17 | |||
| ARTSX | 1.18 | (0.13) | 0.00 | 0.89 | 0.00 | 2.24 | 5.69 | |||
| TEGAX | 1.40 | (0.11) | 0.00 | (0.08) | 0.00 | 2.29 | 7.24 |
Dimensional 2010 Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dimensional 2010 mutual fund to make a market-neutral strategy. Peer analysis of Dimensional 2010 could also be used in its relative valuation, which is a method of valuing Dimensional 2010 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Dimensional 2010 Target?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.