Df Dent Midcap Fund Market Value
| DFDMX Fund | USD 38.85 0.34 0.87% |
| Symbol | DFDMX |
Df Dent '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 Df Dent'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 Df Dent.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in Df Dent on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Df Dent Midcap or generate 0.0% return on investment in Df Dent over 720 days. Df Dent is related to or competes with Parnassus Mid, Fidelity International, Brown Advisory, Baron Emerging, and Brown Capital. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of medium-si... More
Df Dent 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 Df Dent'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 Df Dent Midcap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9568 | |||
| Information Ratio | 0.0028 | |||
| Maximum Drawdown | 4.48 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.56 |
Df Dent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Df Dent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Df Dent's standard deviation. In reality, there are many statistical measures that can use Df Dent historical prices to predict the future Df Dent's volatility.| Risk Adjusted Performance | 0.1058 | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0026 | |||
| Treynor Ratio | 0.1299 |
Df Dent Midcap Backtested Returns
At this stage we consider DFDMX Mutual Fund to be very steady. Df Dent Midcap retains Efficiency (Sharpe Ratio) of 0.13, which denotes the fund had a 0.13% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Df Dent, which you can use to evaluate the volatility of the entity. Please confirm Df Dent's Standard Deviation of 0.8814, market risk adjusted performance of 0.1399, and Downside Deviation of 0.9568 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund owns a Beta (Systematic Risk) of 0.9, which means possible diversification benefits within a given portfolio. Df Dent returns are very sensitive to returns on the market. As the market goes up or down, Df Dent is expected to follow.
Auto-correlation | 0.17 |
Very weak predictability
Df Dent Midcap has very weak predictability. Overlapping area represents the amount of predictability between Df Dent time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th 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 Df Dent Midcap price movement. The serial correlation of 0.17 indicates that over 17.0% of current Df Dent price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 3.29 |
Df Dent Midcap lagged returns against current returns
Autocorrelation, which is Df Dent 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 Df Dent's mutual fund expected returns. We can calculate the autocorrelation of Df Dent returns to help us make a trade decision. For example, suppose you find that Df Dent 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 |
Df Dent 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 Df Dent mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Df Dent mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Df Dent mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Df Dent Lagged Returns
When evaluating Df Dent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Df Dent mutual fund have on its future price. Df Dent 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, Df Dent autocorrelation shows the relationship between Df Dent mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Df Dent Midcap.
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 DFDMX Mutual Fund
Df Dent financial ratios help investors to determine whether DFDMX 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 DFDMX with respect to the benefits of owning Df Dent security.
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