Dimensional Targeted Value Etf Market Value
| DFAT Etf | USD 51.68 1.24 2.46% |
| Symbol | Dimensional |
The market value of Dimensional Targeted is measured differently than its book value, which is the value of Dimensional that is recorded on the company's balance sheet. Investors also form their own opinion of Dimensional Targeted's value that differs from its market value or its book value, called intrinsic value, which is Dimensional Targeted's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dimensional Targeted's market value can be influenced by many factors that don't directly affect Dimensional Targeted's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dimensional Targeted's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dimensional Targeted is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dimensional Targeted's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Dimensional Targeted '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 Dimensional Targeted's etf 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 Dimensional Targeted.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Dimensional Targeted on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Dimensional Targeted Value or generate 0.0% return on investment in Dimensional Targeted over 90 days. Dimensional Targeted is related to or competes with Dimensional Small, Dimensional Core, Dimensional International, Dimensional Equity, and Dimensional International. As a non-fundamental policy, under normal circumstances, the fund will invest at least 80 percent of its net assets in s... More
Dimensional Targeted 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 Dimensional Targeted's etf 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 Dimensional Targeted Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.18 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.51 |
Dimensional Targeted Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dimensional Targeted's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dimensional Targeted's standard deviation. In reality, there are many statistical measures that can use Dimensional Targeted historical prices to predict the future Dimensional Targeted's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.24) |
Dimensional Targeted Backtested Returns
Dimensional Targeted secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the etf had a -0.17 % return per unit of risk over the last 3 months. Dimensional Targeted Value exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dimensional Targeted's Variance of 1.31, standard deviation of 1.14, and Mean Deviation of 0.8524 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.86, which means possible diversification benefits within a given portfolio. Dimensional Targeted returns are very sensitive to returns on the market. As the market goes up or down, Dimensional Targeted is expected to follow.
Auto-correlation | -0.59 |
Good reverse predictability
Dimensional Targeted Value has good reverse predictability. Overlapping area represents the amount of predictability between Dimensional Targeted time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dimensional Targeted price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Dimensional Targeted price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 4.09 |
Dimensional Targeted lagged returns against current returns
Autocorrelation, which is Dimensional Targeted etf'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 Dimensional Targeted's etf expected returns. We can calculate the autocorrelation of Dimensional Targeted returns to help us make a trade decision. For example, suppose you find that Dimensional Targeted has exhibited high autocorrelation historically, and you observe that the etf 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 |
Dimensional Targeted 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 Dimensional Targeted etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dimensional Targeted etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dimensional Targeted etf over time.
Current vs Lagged Prices |
| Timeline |
Dimensional Targeted Lagged Returns
When evaluating Dimensional Targeted's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dimensional Targeted etf have on its future price. Dimensional Targeted 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, Dimensional Targeted autocorrelation shows the relationship between Dimensional Targeted etf current value and its past values and can show if there is a momentum factor associated with investing in Dimensional Targeted Value.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Dimensional Targeted Correlation, Dimensional Targeted Volatility and Dimensional Targeted Alpha and Beta module to complement your research on Dimensional Targeted. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Dimensional Targeted technical etf 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, etf market cycles, or different charting patterns.