Dfa Two Year Global Fund Market Value
| DFGFX Fund | USD 9.75 0.01 0.10% |
| Symbol | Dfa |
Dfa Two-year '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 Two-year'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 Two-year.
| 02/05/2023 |
| 01/25/2025 |
If you would invest 0.00 in Dfa Two-year on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding Dfa Two Year Global or generate 0.0% return on investment in Dfa Two-year over 720 days. Dfa Two-year is related to or competes with Moderate Balanced, Transamerica Cleartrack, Voya Target, and Voya Retirement. The fund invests at least 80 percent of its net assets in fixed income securities that mature within two years from the ... More
Dfa Two-year 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 Two-year'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 Two Year Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.89) | |||
| Maximum Drawdown | 0.1037 | |||
| Potential Upside | 0.1035 |
Dfa Two-year Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dfa Two-year's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dfa Two-year's standard deviation. In reality, there are many statistical measures that can use Dfa Two-year historical prices to predict the future Dfa Two-year's volatility.| Risk Adjusted Performance | 0.2027 | |||
| Jensen Alpha | 0.0095 | |||
| Total Risk Alpha | 0.0071 | |||
| Treynor Ratio | (1.54) |
Dfa Two Year Backtested Returns
At this stage we consider Dfa Mutual Fund to be very steady. Dfa Two Year secures Sharpe Ratio (or Efficiency) of 0.47, which denotes the fund had a 0.47 % return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for Dfa Two Year Global, which you can use to evaluate the volatility of the entity. Please confirm Dfa Two-year's Coefficient Of Variation of 210.69, standard deviation of 0.0405, and Mean Deviation of 0.0313 to check if the risk estimate we provide is consistent with the expected return of 0.0189%. The fund shows a Beta (market volatility) of -0.006, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dfa Two-year are expected to decrease at a much lower rate. During the bear market, Dfa Two-year is likely to outperform the market.
Auto-correlation | 0.99 |
Perfect predictability
Dfa Two Year Global has perfect predictability. Overlapping area represents the amount of predictability between Dfa Two-year time series from 5th of February 2023 to 31st of January 2024 and 31st of January 2024 to 25th of January 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 Dfa Two Year price movement. The serial correlation of 0.99 indicates that 99.0% of current Dfa Two-year price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Dfa Two Year lagged returns against current returns
Autocorrelation, which is Dfa Two-year 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 Two-year's mutual fund expected returns. We can calculate the autocorrelation of Dfa Two-year returns to help us make a trade decision. For example, suppose you find that Dfa Two-year 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 Two-year 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 Two-year mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dfa Two-year 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 Two-year mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dfa Two-year Lagged Returns
When evaluating Dfa Two-year's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dfa Two-year mutual fund have on its future price. Dfa Two-year 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 Two-year autocorrelation shows the relationship between Dfa Two-year mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dfa Two Year Global.
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 Two-year 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 Two-year security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |