Dana Large Cap Fund Market Value
| DLCIX Fund | USD 23.25 0.01 0.04% |
| Symbol | Dana |
Dana Large '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 Dana Large'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 Dana Large.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Dana Large on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Dana Large Cap or generate 0.0% return on investment in Dana Large over 90 days. Dana Large is related to or competes with California Municipal, Ab Municipal, Prudential California, Franklin Adjustable, and Bbh Intermediate. The fund seeks to achieve its investment objective through investment in publicly-traded equity securities using a disci... More
Dana Large 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 Dana Large'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 Dana Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.1218 | |||
| Maximum Drawdown | 5.02 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 2.07 |
Dana Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dana Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dana Large's standard deviation. In reality, there are many statistical measures that can use Dana Large historical prices to predict the future Dana Large's volatility.| Risk Adjusted Performance | 0.2495 | |||
| Jensen Alpha | 0.1252 | |||
| Total Risk Alpha | 0.113 | |||
| Sortino Ratio | 0.1147 | |||
| Treynor Ratio | 0.2629 |
Dana Large Cap Backtested Returns
Dana Large appears to be very steady, given 3 months investment horizon. Dana Large Cap secures Sharpe Ratio (or Efficiency) of 0.4, which denotes the fund had a 0.4 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dana Large Cap, which you can use to evaluate the volatility of the entity. Please utilize Dana Large's Downside Deviation of 1.03, mean deviation of 0.6654, and Coefficient Of Variation of 374.99 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.95, which means possible diversification benefits within a given portfolio. Dana Large returns are very sensitive to returns on the market. As the market goes up or down, Dana Large is expected to follow.
Auto-correlation | 0.84 |
Very good predictability
Dana Large Cap has very good predictability. Overlapping area represents the amount of predictability between Dana Large time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dana Large Cap price movement. The serial correlation of 0.84 indicates that around 84.0% of current Dana Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Dana Large Cap lagged returns against current returns
Autocorrelation, which is Dana Large 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 Dana Large's mutual fund expected returns. We can calculate the autocorrelation of Dana Large returns to help us make a trade decision. For example, suppose you find that Dana Large 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 |
Dana Large 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 Dana Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dana Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dana Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dana Large Lagged Returns
When evaluating Dana Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dana Large mutual fund have on its future price. Dana Large 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, Dana Large autocorrelation shows the relationship between Dana Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dana Large Cap.
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 Dana Mutual Fund
Dana Large financial ratios help investors to determine whether Dana 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 Dana with respect to the benefits of owning Dana Large security.
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