Dodge Stock Fund Market Value
| DODGX Fund | USD 257.73 4.25 1.68% |
| Symbol | Dodge |
Dodge Cox '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 Dodge Cox'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 Dodge Cox.
| 03/04/2024 |
| 06/02/2024 |
If you would invest 0.00 in Dodge Cox on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding Dodge Stock Fund or generate 0.0% return on investment in Dodge Cox over 90 days. Dodge Cox is related to or competes with Dodge Cox, Dodge Cox, Dodge Cox, Dodge Cox, Dodge Cox, and Dodge Cox. The fund invests primarily in a diversified portfolio of equity securities More
Dodge Cox 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 Dodge Cox'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 Dodge Stock Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8584 | |||
| Information Ratio | 0.0578 | |||
| Maximum Drawdown | 5.4 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.02 |
Dodge Cox Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dodge Cox's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dodge Cox's standard deviation. In reality, there are many statistical measures that can use Dodge Cox historical prices to predict the future Dodge Cox's volatility.| Risk Adjusted Performance | 0.0743 | |||
| Jensen Alpha | 0.0456 | |||
| Total Risk Alpha | 0.0364 | |||
| Sortino Ratio | 0.0528 | |||
| Treynor Ratio | 0.0812 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dodge Cox'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.
Dodge Stock Fund Backtested Returns
We consider Dodge Cox very steady. Dodge Stock Fund secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the fund had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Dodge Stock Fund, which you can use to evaluate the volatility of the entity. Please confirm Dodge Cox's Downside Deviation of 0.8584, semi deviation of 0.7656, and Mean Deviation of 0.5621 to check if the risk estimate we provide is consistent with the expected return of 0.0819%. The fund shows a Beta (market volatility) of 0.99, which means possible diversification benefits within a given portfolio. Dodge Cox returns are very sensitive to returns on the market. As the market goes up or down, Dodge Cox is expected to follow.
Auto-correlation | 0.61 |
Good predictability
Dodge Stock Fund has good predictability. Overlapping area represents the amount of predictability between Dodge Cox time series from 4th of March 2024 to 18th of April 2024 and 18th of April 2024 to 2nd of June 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 Dodge Stock Fund price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Dodge Cox price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 12.82 |
Dodge Stock Fund lagged returns against current returns
Autocorrelation, which is Dodge Cox 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 Dodge Cox's mutual fund expected returns. We can calculate the autocorrelation of Dodge Cox returns to help us make a trade decision. For example, suppose you find that Dodge Cox 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 |
Dodge Cox 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 Dodge Cox mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dodge Cox mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dodge Cox mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dodge Cox Lagged Returns
When evaluating Dodge Cox's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dodge Cox mutual fund have on its future price. Dodge Cox 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, Dodge Cox autocorrelation shows the relationship between Dodge Cox mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dodge Stock Fund.
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.Check out Dodge Cox Correlation, Dodge Cox Volatility and Dodge Cox Alpha and Beta module to complement your research on Dodge Cox. Note that the Dodge Stock Fund information on this page should be used as a complementary analysis to other Dodge Cox's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Dodge Cox 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.