Dfa One Year Fixed Fund Market Value
| DFIHX Fund | USD 10.23 0.04 0.39% |
| Symbol | Dfa |
Dfa One-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 One-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 One-year.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Dfa One-year on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Dfa One Year Fixed or generate 0.0% return on investment in Dfa One-year over 30 days. Dfa One-year is related to or competes with Intal High, Dfa International, Dfa Inflation, Dfa International, Dfa International, Dfa Mn, and Dfa Municipal. The fund invests in a universe of high quality fixed income securities that mature in one year or less from the date of ... More
Dfa One-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 One-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 One Year Fixed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.86) | |||
| Maximum Drawdown | 0.4881 | |||
| Potential Upside | 0.0983 |
Dfa One-year Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dfa One-year's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dfa One-year's standard deviation. In reality, there are many statistical measures that can use Dfa One-year historical prices to predict the future Dfa One-year's volatility.| Risk Adjusted Performance | 0.0317 | |||
| Jensen Alpha | 0.0022 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.83) |
Dfa One Year Backtested Returns
At this stage we consider Dfa Mutual Fund to be very steady. Dfa One Year secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty technical indicators for Dfa One Year Fixed, which you can use to evaluate the volatility of the entity. Please confirm Dfa One-year's Mean Deviation of 0.0365, coefficient of variation of 566.28, and Standard Deviation of 0.0675 to check if the risk estimate we provide is consistent with the expected return of 0.0123%. The fund shows a Beta (market volatility) of -0.0023, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dfa One-year are expected to decrease at a much lower rate. During the bear market, Dfa One-year is likely to outperform the market.
Auto-correlation | -0.45 |
Modest reverse predictability
Dfa One Year Fixed has modest reverse predictability. Overlapping area represents the amount of predictability between Dfa One-year time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Dfa One Year price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Dfa One-year price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dfa One Year lagged returns against current returns
Autocorrelation, which is Dfa One-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 One-year's mutual fund expected returns. We can calculate the autocorrelation of Dfa One-year returns to help us make a trade decision. For example, suppose you find that Dfa One-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 One-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 One-year mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dfa One-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 One-year mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dfa One-year Lagged Returns
When evaluating Dfa One-year's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dfa One-year mutual fund have on its future price. Dfa One-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 One-year autocorrelation shows the relationship between Dfa One-year mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dfa One Year Fixed.
Regressed Prices |
| Timeline |
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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 One-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 One-year security.
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