DODGE Mutual Fund Market Value

DODFX
 Fund
  

USD 44.82  0.04  0.09%   

DODGE COX's market value is the price at which a share of DODGE COX stock trades on a public exchange. It measures the collective expectations of DODGE COX INTERNATIONAL investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of DODGE COX INTERNATIONAL and determine expected loss or profit from investing in DODGE COX over a given investment horizon. Continue to DODGE COX Correlation, DODGE COX Volatility and DODGE COX Alpha and Beta module to complement your research on DODGE COX.
Symbol

Please note, there is a significant difference between DODGE COX's value and its price as these two are different measures arrived at by different means. Investors typically determine DODGE COX value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DODGE COX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
09/10/2021
No Change 0.00  0.0 
In 1 year 2 months and 26 days
12/04/2022
0.00
If you would invest  0.00  in DODGE COX on September 10, 2021 and sell it all today you would earn a total of 0.00 from holding DODGE COX INTERNATIONAL or generate 0.0% return on investment in DODGE COX over 450 days. DODGE COX is related to or competes with McDonalds, SCOR PK, Barloworld, Scheid Vineyards, Bondbloxx ETF, Galxe, and FT Cboe. The investment seeks long-term growth of principal and income 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 COX INTERNATIONAL upside and downside potential and time the market with a certain degree of confidence.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of DODGE COX in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
43.2744.8446.41
Details
Intrinsic
Valuation
LowReal ValueHigh
42.4043.9745.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DODGE COX. Your research has to be compared to or analyzed against DODGE COX's peers to derive any actionable benefits. When done correctly, DODGE COX's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in DODGE COX INTERNATIONAL.

DODGE COX INTERNATIONAL Backtested Returns

We consider DODGE COX very steady. DODGE COX INTERNATIONAL secures Sharpe Ratio (or Efficiency) of 0.0961, which denotes the fund had 0.0961% of return per unit of risk over the last 3 months. Our philosophy in predicting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for DODGE COX INTERNATIONAL, which you can use to evaluate the future volatility of the entity. Please confirm DODGE COX INTERNATIONAL Coefficient Of Variation of 1294.51, mean deviation of 1.21, and Downside Deviation of 1.41 to check if the risk estimate we provide is consistent with the expected return of 0.15%.
The fund shows a Beta (market volatility) of 0.9679, which means possible diversification benefits within a given portfolio. Let's try to break down what DODGE's beta means in this case. DODGE COX returns are very sensitive to returns on the market. As the market goes up or down, DODGE COX is expected to follow. Although it is important to respect DODGE COX INTERNATIONAL historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in predicting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing DODGE COX INTERNATIONAL technical indicators, you can right now evaluate if the expected return of 0.15% will be sustainable into the future.

Auto-correlation

    
  0.04  

Virtually no predictability

DODGE COX INTERNATIONAL has virtually no predictability. Overlapping area represents the amount of predictability between DODGE COX time series from 10th of September 2021 to 23rd of April 2022 and 23rd of April 2022 to 4th of December 2022. 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 COX INTERNATIONAL price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current DODGE COX price fluctuation can be explain by its past prices.
Correlation Coefficient0.04
Spearman Rank Test-0.02
Residual Average0.0
Price Variance4.53

DODGE COX INTERNATIONAL 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 mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       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   
Share
       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 COX INTERNATIONAL.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DODGE COX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DODGE COX's short interest history, or implied volatility extrapolated from DODGE COX options trading.

Pair Trading with DODGE COX

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DODGE COX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DODGE COX will appreciate offsetting losses from the drop in the long position's value.

Moving together with DODGE COX

+0.97MGIBXMFS INTERNATIONAL VALUE Steady GrowthPairCorr
The ability to find closely correlated positions to DODGE COX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DODGE COX when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DODGE COX - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DODGE COX INTERNATIONAL to buy it.
The correlation of DODGE COX is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DODGE COX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DODGE COX INTERNATIONAL moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DODGE COX can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to DODGE COX Correlation, DODGE COX Volatility and DODGE COX Alpha and Beta module to complement your research on DODGE COX. Note that the DODGE COX INTERNATIONAL 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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for DODGE Mutual Fund analysis

When running DODGE COX INTERNATIONAL price analysis, check to measure DODGE COX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DODGE COX is operating at the current time. Most of DODGE COX's value examination focuses on studying past and present price action to predict the probability of DODGE COX's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DODGE COX's price. Additionally, you may evaluate how the addition of DODGE COX to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of DODGE COX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DODGE COX trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...