Dimensional 2055 Correlations

DRIKX Fund

USD 23.17 0.05 0.22%

The current 90-days correlation between Dimensional 2055 Target and Intal High Relative is 0.01 (i.e., Significant diversification). The correlation of Dimensional 2055 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.

Dimensional 2055 Correlation With Market

Average diversification

The correlation between Dimensional 2055 Target and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dimensional 2055 Target 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 Dimensional 2055 Target. 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 board of governors.

Moving together with Dimensional Mutual Fund

0.75	DIHRX	Intal High Relative	Pair Corr
0.75	DILRX	Dfa International	Pair Corr
0.62	DISVX	Dfa International Small	Pair Corr
0.62	DRILX	Dimensional 2060 Target	Pair Corr
0.61	DRIJX	Dimensional 2050 Target	Pair Corr
0.73	DAADX	Dfa Emerging Markets	Pair Corr
0.69	DAABX	Dfa Sustainability	Pair Corr
0.73	DSHGX	Dfa Selectively Hedged	Pair Corr
1.0	DTDRX	Dimensional 2065 Target	Pair Corr

Moving against Dimensional Mutual Fund

0.41

DIPSX

Dfa Inflation Protected

Pair Corr

Related Correlations Analysis

	DIHRX	DILRX	DIPSX	DISVX	DISMX	DMNBX	DMREX	DNYMX	DOGMX	DREIX
DIHRX		0.71	-0.27	0.73	0.5	0.23	0.19	0.3	0.61	0.62	DIHRX
DILRX	0.71		-0.23	0.41	0.59	0.13	0.29	0.12	0.31	0.34	DILRX
DIPSX	-0.27	-0.23		-0.16	-0.26	-0.64	-0.79	-0.59	-0.41	0.12	DIPSX
DISVX	0.73	0.41	-0.16		0.48	0.37	0.07	0.35	0.47	0.58	DISVX
DISMX	0.5	0.59	-0.26	0.48		0.34	0.54	0.0	-0.11	0.33	DISMX
DMNBX	0.23	0.13	-0.64	0.37	0.34		0.77	0.82	0.44	0.07	DMNBX
DMREX	0.19	0.29	-0.79	0.07	0.54	0.77		0.51	0.2	-0.08	DMREX
DNYMX	0.3	0.12	-0.59	0.35	0.0	0.82	0.51		0.7	0.17	DNYMX
DOGMX	0.61	0.31	-0.41	0.47	-0.11	0.44	0.2	0.7		0.2	DOGMX
DREIX	0.62	0.34	0.12	0.58	0.33	0.07	-0.08	0.17	0.2		DREIX
	DIHRX	DILRX	DIPSX	DISVX	DISMX	DMNBX	DMREX	DNYMX	DOGMX	DREIX

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

DNYMX	+ 0.82	DMNBX
DMREX	+ 0.77	DMNBX
DISVX	+ 0.73	DIHRX
DILRX	+ 0.71	DIHRX
DOGMX	+ 0.7	DNYMX
DREIX	+ 0.62	DIHRX

High negative correlations

DMREX	- 0.79	DIPSX
DMNBX	- 0.64	DIPSX
DNYMX	- 0.59	DIPSX
DOGMX	- 0.41	DIPSX
DIPSX	- 0.27	DIHRX
DISMX	- 0.26	DIPSX

Risk-Adjusted Indicators

There is a big difference between Dimensional Mutual Fund performing well and Dimensional 2055 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 Dimensional 2055'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
DIHRX	0.59	(0.01)	(0.03)	0.06	0.75	(0.58)	1.06	(1.24)	2.67
DILRX	0.65	0.03	(0.03)	0.23	0.83	(0.63)	1.19	(1.28)	2.92
DIPSX	0.16	(0.03)	0.00	1.67	0.00	0.00	0.27	(0.35)	1.16
DISVX	0.66	0.00	(0.02)	0.07	0.99	(0.66)	1.28	(1.39)	5.32
DISMX	0.60	(0.05)	(0.08)	0.00	0.81	(0.56)	1.05	(1.22)	2.59
DMNBX	0.02	0.00	0.00	(1.42)	0.00	0.00	0.10	0.00	0.10
DMREX	0.05	0.00	(0.71)	0.01	0.00	(0.18)	0.09	(0.09)	1.04
DNYMX	0.02	0.00	0.00	(0.28)	0.00	0.00	0.10	0.00	0.20
DOGMX	0.04	0.00	(0.62)	0.51	0.00	(0.10)	0.10	(0.10)	0.20
DREIX	0.61	(0.05)	(0.05)	0.01	1.14	(0.53)	1.10	(1.32)	5.34

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