Dimensional Etf Trust Etf Market Value
| DFSD Etf | USD 47.37 0.06 0.13% |
| Symbol | Dimensional |
The market value of Dimensional ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Dimensional ETF'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 ETF's market value can be influenced by many factors that don't directly affect Dimensional ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dimensional ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dimensional ETF'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 ETF '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 ETF'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 ETF.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Dimensional ETF on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Dimensional ETF Trust or generate 0.0% return on investment in Dimensional ETF over 720 days. Dimensional ETF is related to or competes with Dimensional ETF, Dimensional ETF, Dimensional Core, and Dimensional ETF. At least 80 percent of the Portfolios net assets will be invested in fixed income securities considered to be investment... More
Dimensional ETF 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 ETF'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 ETF Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.103 | |||
| Information Ratio | (0.90) | |||
| Maximum Drawdown | 0.487 | |||
| Value At Risk | (0.13) | |||
| Potential Upside | 0.1695 |
Dimensional ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dimensional ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dimensional ETF's standard deviation. In reality, there are many statistical measures that can use Dimensional ETF historical prices to predict the future Dimensional ETF's volatility.| Risk Adjusted Performance | (0.03) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.93) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dimensional ETF'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.
Dimensional ETF Trust Backtested Returns
At this point, Dimensional ETF is very steady. Dimensional ETF Trust secures Sharpe Ratio (or Efficiency) of 0.0377, which denotes the etf had a 0.0377% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Dimensional ETF Trust, which you can use to evaluate the volatility of the entity. Please confirm Dimensional ETF's Semi Deviation of 0.0669, coefficient of variation of 2653.3, and Standard Deviation of 0.1067 to check if the risk estimate we provide is consistent with the expected return of 0.004%. The etf shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Dimensional ETF are completely uncorrelated.
Auto-correlation | 0.88 |
Very good predictability
Dimensional ETF Trust has very good predictability. Overlapping area represents the amount of predictability between Dimensional ETF time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 ETF Trust price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Dimensional ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Dimensional ETF Trust lagged returns against current returns
Autocorrelation, which is Dimensional ETF 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 ETF's etf expected returns. We can calculate the autocorrelation of Dimensional ETF returns to help us make a trade decision. For example, suppose you find that Dimensional ETF 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 ETF 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 ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dimensional ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dimensional ETF etf over time.
Current vs Lagged Prices |
| Timeline |
Dimensional ETF Lagged Returns
When evaluating Dimensional ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dimensional ETF etf have on its future price. Dimensional ETF 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 ETF autocorrelation shows the relationship between Dimensional ETF etf current value and its past values and can show if there is a momentum factor associated with investing in Dimensional ETF Trust.
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 ETF Trust is a strong investment it is important to analyze Dimensional ETF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dimensional ETF's future performance. For an informed investment choice regarding Dimensional Etf, refer to the following important reports:Check out Dimensional ETF Correlation, Dimensional ETF Volatility and Dimensional ETF Alpha and Beta module to complement your research on Dimensional ETF. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Dimensional ETF 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.