Dfa - Correlations

Mutual Funds . USA . 
Fund . Dfa Small
DSCGX Fund  USD 29.51  0.24  0.82%   
The current 90-days correlation between Dfa Small and Delaware Healthcare Fund is -0.2 (i.e., Good diversification). The correlation of Dfa - 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Dfa - Correlation With Market

Almost no diversification

The correlation between Dfa Small and DJI is 0.95 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa Small and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dfa Small. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Dfa Mutual Fund

  0.93DIHRX Intal High RelativePairCorr
  0.93DILRX Dfa InternationalPairCorr
  0.92DISVX Dfa International SmallPairCorr
  0.92DISMX Dfa InternationalPairCorr
  0.78DMNBX Dfa Mn MunicipalPairCorr
  0.73DMREX Dfa Municipal RealPairCorr
  0.83DNYMX Dfa Ny MunicipalPairCorr
  0.61DOGMX Dfa Oregon MunicipalPairCorr
  0.98DREIX World Core EquityPairCorr
  0.98DRIIX Dimensional 2045 TargetPairCorr
  0.98DRIHX Dimensional 2040 TargetPairCorr
  0.95DRIGX Dimensional 2035 TargetPairCorr
  0.83DRIWX Dimensional 2030 TargetPairCorr
  0.87DRIUX Dimensional 2025 TargetPairCorr
  0.83DRIRX Dimensional 2020 TargetPairCorr
  0.87DRIQX Dimensional 2015 TargetPairCorr
  0.98DRILX Dimensional 2060 TargetPairCorr
  0.98DRIKX Dimensional 2055 TargetPairCorr
  0.98DRIJX Dimensional 2050 TargetPairCorr
  0.95DAADX Dfa Emerging MarketsPairCorr
  0.99DAABX Dfa SustainabilityPairCorr
  0.93DSCLX Dfa International SocialPairCorr
  0.98DSHGX Dfa Selectively HedgedPairCorr
  0.86DTCPX Dfa Targeted CreditPairCorr
  0.98DTDRX Dimensional 2065 TargetPairCorr
  0.77DCARX Dfa California MunicipalPairCorr
  0.99DURPX Us High RelativePairCorr
  0.98DUSQX Us Lg CapPairCorr
  0.98DUSLX Dfa LargePairCorr
  0.94DEMSX Emerging Markets SmallPairCorr
  0.93DEMGX Emerging Markets TargetedPairCorr
  0.95DESIX Emerging Markets SusPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa - Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dfa -'s multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY