Domini Impact Bond Fund Market Value

DSBFX Fund  USD 10.18  0.03  0.30%   
Domini Impact's market value is the price at which a share of Domini Impact trades on a public exchange. It measures the collective expectations of Domini Impact Bond investors about its performance. Domini Impact is trading at 10.18 as of the 4th of December 2024; that is 0.30 percent up since the beginning of the trading day. The fund's open price was 10.15.
With this module, you can estimate the performance of a buy and hold strategy of Domini Impact Bond and determine expected loss or profit from investing in Domini Impact over a given investment horizon. Check out Domini Impact Correlation, Domini Impact Volatility and Domini Impact Alpha and Beta module to complement your research on Domini Impact.
Symbol

Please note, there is a significant difference between Domini Impact's value and its price as these two are different measures arrived at by different means. Investors typically determine if Domini Impact is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Domini Impact'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.

Domini Impact '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 Domini Impact'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 Domini Impact.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in Domini Impact on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Domini Impact Bond or generate 0.0% return on investment in Domini Impact over 30 days. Domini Impact is related to or competes with Domini Impact, Pax High, Domini Impact, Parnassus Fixed, and Pax Esg. Under normal circumstances, the fund invests at least 80 percent of its assets in investment-grade securities and mainta... More

Domini Impact 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 Domini Impact'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 Domini Impact Bond upside and downside potential and time the market with a certain degree of confidence.

Domini Impact Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Domini Impact's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Domini Impact's standard deviation. In reality, there are many statistical measures that can use Domini Impact historical prices to predict the future Domini Impact's volatility.
Hype
Prediction
LowEstimatedHigh
9.8710.1810.49
Details
Intrinsic
Valuation
LowRealHigh
9.489.7911.20
Details
Naive
Forecast
LowNextHigh
9.9110.2210.53
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.0610.1210.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Domini Impact. Your research has to be compared to or analyzed against Domini Impact's peers to derive any actionable benefits. When done correctly, Domini Impact's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Domini Impact Bond.

Domini Impact Bond Backtested Returns

Domini Impact Bond secures Sharpe Ratio (or Efficiency) of -0.0918, which denotes the fund had a -0.0918% return per unit of risk over the last 3 months. Domini Impact Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Domini Impact's Mean Deviation of 0.2364, standard deviation of 0.3161, and Variance of 0.0999 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.079, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Domini Impact are expected to decrease at a much lower rate. During the bear market, Domini Impact is likely to outperform the market.

Auto-correlation

    
  -0.53  

Good reverse predictability

Domini Impact Bond has good reverse predictability. Overlapping area represents the amount of predictability between Domini Impact time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Domini Impact Bond price movement. The serial correlation of -0.53 indicates that about 53.0% of current Domini Impact price fluctuation can be explain by its past prices.
Correlation Coefficient-0.53
Spearman Rank Test-0.51
Residual Average0.0
Price Variance0.0

Domini Impact Bond lagged returns against current returns

Autocorrelation, which is Domini Impact 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 Domini Impact's mutual fund expected returns. We can calculate the autocorrelation of Domini Impact returns to help us make a trade decision. For example, suppose you find that Domini Impact 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  

Domini Impact 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 Domini Impact mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Domini Impact mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Domini Impact mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Domini Impact Lagged Returns

When evaluating Domini Impact's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Domini Impact mutual fund have on its future price. Domini Impact 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, Domini Impact autocorrelation shows the relationship between Domini Impact mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Domini Impact Bond.
   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 Domini Mutual Fund

Domini Impact financial ratios help investors to determine whether Domini 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 Domini with respect to the benefits of owning Domini Impact security.
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