United Kingdom Small Fund Market Value
| DFUKX Fund | USD 25.70 0.49 1.94% |
| Symbol | United |
United Kingdom '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 United Kingdom'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 United Kingdom.
| 04/01/2024 |
| 05/01/2024 |
If you would invest 0.00 in United Kingdom on April 1, 2024 and sell it all today you would earn a total of 0.00 from holding United Kingdom Small or generate 0.0% return on investment in United Kingdom over 30 days. United Kingdom is related to or competes with Intal High, Dfa International, Dfa Inflation, Dfa International, Dfa International, Dfa Mn, and Dfa Municipal. The Portfolio is a Feeder Portfolio and pursues its objective by investing substantially all of its assets in its corres... More
United Kingdom 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 United Kingdom'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 United Kingdom Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8169 | |||
| Information Ratio | 0.0232 | |||
| Maximum Drawdown | 3.82 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.52 |
United Kingdom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Kingdom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Kingdom's standard deviation. In reality, there are many statistical measures that can use United Kingdom historical prices to predict the future United Kingdom's volatility.| Risk Adjusted Performance | 0.0621 | |||
| Total Risk Alpha | 0.0035 | |||
| Sortino Ratio | 0.0241 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Kingdom'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.
United Kingdom Small Backtested Returns
We consider United Kingdom very steady. United Kingdom Small owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0923, which indicates the fund had a 0.0923% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for United Kingdom Small, which you can use to evaluate the volatility of the fund. Please validate United Kingdom's Downside Deviation of 0.8169, risk adjusted performance of 0.0621, and Standard Deviation of 0.8513 to confirm if the risk estimate we provide is consistent with the expected return of 0.0802%. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and United Kingdom are completely uncorrelated.
Auto-correlation | -0.48 |
Modest reverse predictability
United Kingdom Small has modest reverse predictability. Overlapping area represents the amount of predictability between United Kingdom time series from 1st of April 2024 to 16th of April 2024 and 16th of April 2024 to 1st of May 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 United Kingdom Small price movement. The serial correlation of -0.48 indicates that about 48.0% of current United Kingdom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
United Kingdom Small lagged returns against current returns
Autocorrelation, which is United Kingdom 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 United Kingdom's mutual fund expected returns. We can calculate the autocorrelation of United Kingdom returns to help us make a trade decision. For example, suppose you find that United Kingdom 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 |
United Kingdom 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 United Kingdom mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Kingdom mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Kingdom mutual fund over time.
Current vs Lagged Prices |
| Timeline |
United Kingdom Lagged Returns
When evaluating United Kingdom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Kingdom mutual fund have on its future price. United Kingdom 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, United Kingdom autocorrelation shows the relationship between United Kingdom mutual fund current value and its past values and can show if there is a momentum factor associated with investing in United Kingdom Small.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards United Kingdom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, United Kingdom's short interest history, or implied volatility extrapolated from United Kingdom options trading.
Pair Trading with United Kingdom
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United Kingdom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United Kingdom will appreciate offsetting losses from the drop in the long position's value.Moving together with United Mutual Fund
| 0.66 | DIHRX | Intal High Relative | PairCorr |
| 0.64 | DILRX | Dfa International | PairCorr |
| 0.88 | DISVX | Dfa International Small | PairCorr |
| 0.7 | DISMX | Dfa International | PairCorr |
The ability to find closely correlated positions to United Kingdom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Kingdom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United Kingdom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United Kingdom Small to buy it.
The correlation of United Kingdom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Kingdom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Kingdom Small moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for United Kingdom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out United Kingdom Correlation, United Kingdom Volatility and United Kingdom Alpha and Beta module to complement your research on United Kingdom. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
United Kingdom technical mutual fund 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, fund market cycles, or different charting patterns.