Dfa Sustainability Targeted Fund Market Value
| DAABX Fund | USD 21.09 0.13 0.62% |
| Symbol | Dfa |
Dfa Sustainability '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 Dfa Sustainability'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 Dfa Sustainability.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Dfa Sustainability on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Dfa Sustainability Targeted or generate 0.0% return on investment in Dfa Sustainability over 360 days. Dfa Sustainability is related to or competes with Intal High, Dfa International, Dfa Inflation, Dfa International, Dfa International, Dfa Mn, and Dfa Municipal. The fund will purchase a broad and diverse group of the readily marketable securities of U.S More
Dfa Sustainability 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 Dfa Sustainability'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 Dfa Sustainability Targeted upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8752 | |||
| Information Ratio | 0.0752 | |||
| Maximum Drawdown | 7.39 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.92 |
Dfa Sustainability Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dfa Sustainability's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dfa Sustainability's standard deviation. In reality, there are many statistical measures that can use Dfa Sustainability historical prices to predict the future Dfa Sustainability's volatility.| Risk Adjusted Performance | 0.1247 | |||
| Jensen Alpha | 0.1774 | |||
| Total Risk Alpha | 0.0219 | |||
| Sortino Ratio | 0.1058 | |||
| Treynor Ratio | 1.16 |
Dfa Sustainability Backtested Returns
At this stage we consider Dfa Mutual Fund to be very steady. Dfa Sustainability secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Dfa Sustainability Targeted, which you can use to evaluate the volatility of the entity. Please confirm Dfa Sustainability's Mean Deviation of 0.8489, downside deviation of 0.8752, and Semi Deviation of 0.6402 to check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Dfa Sustainability's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dfa Sustainability is expected to be smaller as well.
Auto-correlation | 0.36 |
Below average predictability
Dfa Sustainability Targeted has below average predictability. Overlapping area represents the amount of predictability between Dfa Sustainability time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th of December 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 Dfa Sustainability price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Dfa Sustainability price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
Dfa Sustainability lagged returns against current returns
Autocorrelation, which is Dfa Sustainability 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 Dfa Sustainability's mutual fund expected returns. We can calculate the autocorrelation of Dfa Sustainability returns to help us make a trade decision. For example, suppose you find that Dfa Sustainability 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 |
Dfa Sustainability 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 Dfa Sustainability mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dfa Sustainability mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dfa Sustainability mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dfa Sustainability Lagged Returns
When evaluating Dfa Sustainability's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dfa Sustainability mutual fund have on its future price. Dfa Sustainability 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, Dfa Sustainability autocorrelation shows the relationship between Dfa Sustainability mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dfa Sustainability Targeted.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Dfa Mutual Fund
Dfa Sustainability 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 Sustainability security.
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