Dimensional Etf Trust Etf Market Value
| DFIS Etf | USD 25.39 0.30 1.20% |
| 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.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Dimensional ETF on November 1, 2024 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 30 days. Dimensional ETF is related to or competes with Dimensional ETF, Dimensional International, Dimensional International, Dimensional Small, and Dimensional Emerging. The Portfolio, using a market capitalization weighted approach, is designed to purchase securities of small, non-U.S 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.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.62 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.18 |
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) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.10) |
Dimensional ETF Trust Backtested Returns
Dimensional ETF Trust secures Sharpe Ratio (or Efficiency) of -0.0128, which denotes the etf had a -0.0128% return per unit of risk over the last 3 months. Dimensional ETF Trust exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dimensional ETF's Variance of 0.7068, standard deviation of 0.8407, and Mean Deviation of 0.6483 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dimensional ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dimensional ETF is expected to be smaller as well.
Auto-correlation | -0.83 |
Excellent reverse predictability
Dimensional ETF Trust has excellent reverse predictability. Overlapping area represents the amount of predictability between Dimensional ETF 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 Dimensional ETF Trust price movement. The serial correlation of -0.83 indicates that around 83.0% of current Dimensional ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
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 |
Thematic Opportunities
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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.