Dfa California Municipal Fund Price on October 16, 2024
| DCARX Fund | USD 10.67 0.12 1.11% |
Below is the normalized historical share price chart for Dfa California Municipal extending back to November 01, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dfa California stands at 10.67, as last reported on the 14th of December 2024, with the highest price reaching 10.67 and the lowest price hitting 10.67 during the day.
If you're considering investing in Dfa Mutual Fund, it is important to understand the factors that can impact its price. Dfa California Municipal secures Sharpe Ratio (or Efficiency) of -0.0088, which denotes the fund had a -0.0088% return per unit of standard deviation over the last 3 months. Dfa California Municipal exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dfa California's Mean Deviation of 0.0508, downside deviation of 0.4635, and Semi Deviation of 0.1618 to check the risk estimate we provide.
Dfa Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Dfa |
Sharpe Ratio = -0.0088
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| Negative Returns | DCARX |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dfa California is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dfa California by adding Dfa California to a well-diversified portfolio.
Dfa California Valuation on October 16, 2024
It is possible to determine the worth of Dfa California on a given historical date. On October 16, 2024 Dfa was worth 10.73 at the beginning of the trading date compared to the closed value of 10.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dfa California mutual fund. Still, in general, we apply an absolute valuation method to find Dfa California's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dfa California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dfa California's related companies.
| Open | High | Low | Close | Volume | |
| 10.73 | 10.73 | 10.73 | 10.73 | 1.00 | |
10/16/2024 | 10.73 | 10.73 | 10.73 | 10.73 | 1.00 |
| 10.73 | 10.73 | 10.73 | 10.73 | 1.00 |
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Dfa California Trading Date Momentum on October 16, 2024
| On October 17 2024 Dfa California Municipal was traded for 10.73 at the closing time. The highest daily price throughout the period was 10.73 and the lowest price was 10.73 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2024 did not affect price variability. The overall trading delta to current closing price is 0.09% . |
Dfa California Municipal Fundamentals Correlations and Trends
By evaluating Dfa California's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dfa California's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dfa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dfa California Mutual Fund history
Dfa California investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dfa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dfa California Municipal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dfa California stock prices may prove useful in developing a viable investing in Dfa California
The fund seeks to achieve its investment objective by investing primarily in a universe of municipal securities, including inflation-protected municipal securities, issued by or on behalf of California state or local governments and their agencies, instrumentalities, and regional governmental authorities, and in derivative instruments to provide inflation protection.
Dfa California Mutual Fund Technical Analysis
Dfa California 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.
Price Boundaries
Dfa California Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Dfa California Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Dfa California December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Dfa California mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dfa California shares will generate the highest return on investment. By undertsting and applying Dfa California mutual fund market strength indicators, traders can identify Dfa California Municipal entry and exit signals to maximize returns
Dfa California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dfa California's price direction in advance. Along with the technical and fundamental analysis of Dfa Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dfa to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | (0.82) |
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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.
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