Dfa Global Correlations
| DFGEX Fund | USD 10.80 0.18 1.64% |
The current 90-days correlation between Dfa Global Real and International E Equity is -0.15 (i.e., Good diversification). The correlation of Dfa Global 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 |
Moving together with Dfa Mutual Fund
Related Correlations Analysis
| 0.89 | 0.93 | 0.99 | 0.9 | DFIEX | ||
| 0.89 | 0.96 | 0.9 | 0.93 | DFCEX | ||
| 0.93 | 0.96 | 0.95 | 0.95 | DFQTX | ||
| 0.99 | 0.9 | 0.95 | 0.95 | DISVX | ||
| 0.9 | 0.93 | 0.95 | 0.95 | DFGBX | ||
Risk-Adjusted Indicators
There is a big difference between Dfa Mutual Fund performing well and Dfa Global 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 Global'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DFIEX | 0.54 | 0.02 | (0.01) | 0.12 | 0.65 | 1.18 | 3.47 | |||
| DFCEX | 0.51 | 0.13 | 0.04 | (1.45) | 0.48 | 1.07 | 3.83 | |||
| DFQTX | 0.51 | 0.05 | 0.08 | 0.15 | 0.32 | 1.12 | 2.67 | |||
| DISVX | 0.54 | 0.08 | 0.07 | 0.21 | 0.46 | 1.41 | 3.26 | |||
| DFGBX | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.20 |