Dimensional World Ex Etf Market Value
| DFAX Etf | USD 25.78 0.26 1.02% |
| Symbol | Dimensional |
The market value of Dimensional World 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 World's value that differs from its market value or its book value, called intrinsic value, which is Dimensional World'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 World's market value can be influenced by many factors that don't directly affect Dimensional World'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 World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dimensional World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dimensional World'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 World '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 World'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 World.
| 10/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Dimensional World on October 3, 2024 and sell it all today you would earn a total of 0.00 from holding Dimensional World ex or generate 0.0% return on investment in Dimensional World over 60 days. Dimensional World is related to or competes with Dimensional Core, Dimensional Targeted, Dimensional International, Dimensional Small, and Dimensional International. Generally, the Advisor buys and sells securities for the Portfolio with the goals of delaying and minimizing the realiza... More
Dimensional World 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 World'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 World ex upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 4.03 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.4 |
Dimensional World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dimensional World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dimensional World's standard deviation. In reality, there are many statistical measures that can use Dimensional World historical prices to predict the future Dimensional World's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.08) |
Dimensional World Backtested Returns
Dimensional World secures Sharpe Ratio (or Efficiency) of -0.0052, which denotes the etf had a -0.0052% return per unit of risk over the last 3 months. Dimensional World ex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dimensional World's Standard Deviation of 0.8519, mean deviation of 0.6479, and Variance of 0.7257 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dimensional World's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dimensional World is expected to be smaller as well.
Auto-correlation | 0.40 |
Average predictability
Dimensional World ex has average predictability. Overlapping area represents the amount of predictability between Dimensional World time series from 3rd of October 2024 to 2nd of November 2024 and 2nd of November 2024 to 2nd 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 Dimensional World price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Dimensional World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Dimensional World lagged returns against current returns
Autocorrelation, which is Dimensional World 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 World's etf expected returns. We can calculate the autocorrelation of Dimensional World returns to help us make a trade decision. For example, suppose you find that Dimensional World 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 World 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 World etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dimensional World etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dimensional World etf over time.
Current vs Lagged Prices |
| Timeline |
Dimensional World Lagged Returns
When evaluating Dimensional World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dimensional World etf have on its future price. Dimensional World 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 World autocorrelation shows the relationship between Dimensional World etf current value and its past values and can show if there is a momentum factor associated with investing in Dimensional World ex.
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.When determining whether Dimensional World offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dimensional World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dimensional World Ex Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Dimensional World Ex Etf:Check out Dimensional World Correlation, Dimensional World Volatility and Dimensional World Alpha and Beta module to complement your research on Dimensional World. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Dimensional World 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.