Dfa Intermediate Correlations

DFIGX Fund  USD 11.03  0.03  0.27%   
The current 90-days correlation between Dfa Intermediate Gov and Dfa International Value is 0.24 (i.e., Modest diversification). The correlation of Dfa Intermediate 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 Intermediate Correlation With Market

Average diversification

The correlation between Dfa Intermediate Government and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa Intermediate Government 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 Dfa Intermediate Government. 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 price.

Moving together with Dfa Mutual Fund

  0.87DIPSX Dfa Inflation ProtectedPairCorr
  0.64DRIUX Dimensional 2025 TargetPairCorr
  0.61DRIRX Dimensional 2020 TargetPairCorr
  0.81DRXIX Dfa Ltip PortfolioPairCorr
  0.91DSFIX Dfa Social FixedPairCorr
  0.8DWFIX Dfa World ExPairCorr

Related Correlations Analysis

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