Domini Impact Equity Fund Market Value
| DSEFX Fund | USD 40.87 0.48 1.19% |
| Symbol | Domini |
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.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Domini Impact on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Domini Impact Equity or generate 0.0% return on investment in Domini Impact over 480 days. Domini Impact is related to or competes with Domini Impact, Pax Balanced, Ariel Appreciation, Calvert Equity, and Parnassus Fund. Under normal circumstances, at least 80 percent of the funds net assets will be invested in equity securities and relate... 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 Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7159 | |||
| Information Ratio | 0.0378 | |||
| Maximum Drawdown | 3.88 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.13 |
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.| Risk Adjusted Performance | 0.1547 | |||
| Jensen Alpha | 0.0597 | |||
| Total Risk Alpha | 0.0295 | |||
| Sortino Ratio | 0.0371 | |||
| Treynor Ratio | 0.1985 |
Domini Impact Equity Backtested Returns
At this stage we consider Domini Mutual Fund to be very steady. Domini Impact Equity secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Domini Impact Equity, which you can use to evaluate the volatility of the entity. Please confirm Domini Impact's Mean Deviation of 0.5319, downside deviation of 0.7159, and Coefficient Of Variation of 466.08 to check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, Domini Impact's returns are expected to increase less than the market. However, during the bear market, the loss of holding Domini Impact is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
Domini Impact Equity has good predictability. Overlapping area represents the amount of predictability between Domini Impact time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Equity price movement. The serial correlation of 0.73 indicates that around 73.0% of current Domini Impact price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 3.07 |
Domini Impact Equity 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 Equity.
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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