Df Dent Small Fund Market Value
| DFDSX Fund | USD 22.82 0.61 2.75% |
| Symbol | DFDSX |
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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Df Dent on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Df Dent Small or generate 0.0% return on investment in Df Dent over 90 days. Df Dent is related to or competes with Invesco Energy, Pimco Energy, Goldman Sachs, Oil Gas, and Energy Basic. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities with small m... 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 Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 4.21 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.2 |
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 | (0.22) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Df Dent's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Df Dent Small Backtested Returns
Df Dent Small retains Efficiency (Sharpe Ratio) of -0.19, which denotes the fund had a -0.19 % return per unit of price deviation over the last 3 months. Df Dent exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Df Dent's Information Ratio of (0.13), standard deviation of 1.01, and Market Risk Adjusted Performance of (0.33) to check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.82, which means possible diversification benefits within a given portfolio. As returns on the market increase, Df Dent's returns are expected to increase less than the market. However, during the bear market, the loss of holding Df Dent is expected to be smaller as well.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Df Dent Small has insignificant reverse predictability. Overlapping area represents the amount of predictability between Df Dent 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 Df Dent Small price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Df Dent price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Df Dent Small 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 Small.
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 DFDSX Mutual Fund
Df Dent financial ratios help investors to determine whether DFDSX 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 DFDSX with respect to the benefits of owning Df Dent security.
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