Dfa California Municipal Fund Probability of Future Mutual Fund Price Finishing Under 10.55
| DCARX Fund | USD 10.67 0.12 1.11% |
Dfa |
Dfa California Target Price Odds to finish below 10.55
The tendency of Dfa Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 10.55 or more in 90 days |
| 10.67 | 90 days | 10.55 | near 1 |
Based on a normal probability distribution, the odds of Dfa California to drop to $ 10.55 or more in 90 days from now is near 1 (This Dfa California Municipal probability density function shows the probability of Dfa Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Dfa California Municipal price to stay between $ 10.55 and its current price of $10.67 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Dfa California has a beta of 0.0121 suggesting as returns on the market go up, Dfa California average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dfa California Municipal will be expected to be much smaller as well. Additionally Dfa California Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Dfa California Price Density |
| Price |
Predictive Modules for Dfa California
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dfa California Municipal. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Dfa California Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dfa California is not an exception. The market had few large corrections towards the Dfa California's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Dfa California Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dfa California within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.66 |
Dfa California Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Dfa California for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dfa California Municipal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dfa California generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: CLSA Initiates Coverage of Newmont Corporation - Depositary Receipt with Underperform Recommendation - MSN | |
| The fund retains about 9.69% of its assets under management (AUM) in cash |
Dfa California Technical Analysis
Dfa California's future price can be derived by breaking down and analyzing its technical indicators over time. Dfa Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dfa California Municipal. In general, you should focus on analyzing Dfa Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Dfa California Predictive Forecast Models
Dfa California's time-series forecasting models is one of many Dfa California's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Dfa California's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Dfa California Municipal
Checking the ongoing alerts about Dfa California for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dfa California Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dfa California generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: CLSA Initiates Coverage of Newmont Corporation - Depositary Receipt with Underperform Recommendation - MSN | |
| The fund retains about 9.69% of its assets under management (AUM) in cash |
Other Information on Investing in Dfa Mutual Fund
Dfa California financial ratios help investors to determine whether Dfa 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 Dfa with respect to the benefits of owning Dfa California security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |