Dodge Stock Fund Market Value
| DODGX Fund | USD 254.38 0.47 0.18% |
| Symbol | Dodge |
Dodge Stock '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 Dodge Stock'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 Dodge Stock.
| 11/26/2023 |
| 12/20/2024 |
If you would invest 0.00 in Dodge Stock on November 26, 2023 and sell it all today you would earn a total of 0.00 from holding Dodge Stock Fund or generate 0.0% return on investment in Dodge Stock over 390 days. Dodge Stock is related to or competes with Dodge International, Dodge Balanced, Dodge Income, Total Return, and Fidelity Contrafund. The fund invests primarily in a diversified portfolio of equity securities More
Dodge Stock 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 Dodge Stock'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 Dodge Stock Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.49 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 0.9445 |
Dodge Stock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dodge Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dodge Stock's standard deviation. In reality, there are many statistical measures that can use Dodge Stock historical prices to predict the future Dodge Stock's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.08) |
Dodge Stock Fund Backtested Returns
Dodge Stock Fund secures Sharpe Ratio (or Efficiency) of -0.089, which denotes the fund had a -0.089% return per unit of standard deviation over the last 3 months. Dodge Stock Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dodge Stock's Coefficient Of Variation of (1,306), mean deviation of 0.5867, and Standard Deviation of 1.11 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.16, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dodge Stock will likely underperform.
Auto-correlation | 0.84 |
Very good predictability
Dodge Stock Fund has very good predictability. Overlapping area represents the amount of predictability between Dodge Stock time series from 26th of November 2023 to 8th of June 2024 and 8th of June 2024 to 20th 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 Dodge Stock Fund price movement. The serial correlation of 0.84 indicates that around 84.0% of current Dodge Stock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 104.39 |
Dodge Stock Fund lagged returns against current returns
Autocorrelation, which is Dodge Stock 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 Dodge Stock's mutual fund expected returns. We can calculate the autocorrelation of Dodge Stock returns to help us make a trade decision. For example, suppose you find that Dodge Stock 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 |
Dodge Stock 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 Dodge Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dodge Stock mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dodge Stock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dodge Stock Lagged Returns
When evaluating Dodge Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dodge Stock mutual fund have on its future price. Dodge Stock 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, Dodge Stock autocorrelation shows the relationship between Dodge Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dodge Stock Fund.
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 Dodge Mutual Fund
Dodge Stock financial ratios help investors to determine whether Dodge 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 Dodge with respect to the benefits of owning Dodge Stock security.
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