Global Allocation 6040 Fund Market Value
| DGSIX Fund | USD 22.26 0.09 0.41% |
| Symbol | Global |
Global Allocation '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 Global Allocation'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 Global Allocation.
| 06/06/2025 |
| 07/06/2025 |
If you would invest 0.00 in Global Allocation on June 6, 2025 and sell it all today you would earn a total of 0.00 from holding Global Allocation 6040 or generate 0.0% return on investment in Global Allocation over 30 days. Global Allocation is related to or competes with Ishares Us, Intermediate-term, Leader Short-term, Multisector Bond, Ab Bond, and Morningstar Defensive. The fund allocates its assets to underlying funds that invest in equity and fixed income securities More
Global Allocation 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 Global Allocation'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 Global Allocation 6040 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.0061 | |||
| Maximum Drawdown | 6.25 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.11 |
Global Allocation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Allocation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Allocation's standard deviation. In reality, there are many statistical measures that can use Global Allocation historical prices to predict the future Global Allocation's volatility.| Risk Adjusted Performance | 0.1958 | |||
| Jensen Alpha | 0.0505 | |||
| Total Risk Alpha | 0.0486 | |||
| Sortino Ratio | 0.0051 | |||
| Treynor Ratio | 0.192 |
Global Allocation 6040 Backtested Returns
Global Allocation appears to be very steady, given 3 months investment horizon. Global Allocation 6040 holds Efficiency (Sharpe) Ratio of 0.28, which attests that the entity had a 0.28 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global Allocation 6040, which you can use to evaluate the volatility of the entity. Please utilize Global Allocation's Risk Adjusted Performance of 0.1958, downside deviation of 1.12, and Market Risk Adjusted Performance of 0.202 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Allocation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Allocation is expected to be smaller as well.
Auto-correlation | -0.44 |
Modest reverse predictability
Global Allocation 6040 has modest reverse predictability. Overlapping area represents the amount of predictability between Global Allocation time series from 6th of June 2025 to 21st of June 2025 and 21st of June 2025 to 6th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global Allocation 6040 price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Global Allocation price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Global Allocation 6040 lagged returns against current returns
Autocorrelation, which is Global Allocation 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 Global Allocation's mutual fund expected returns. We can calculate the autocorrelation of Global Allocation returns to help us make a trade decision. For example, suppose you find that Global Allocation 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 |
Global Allocation 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 Global Allocation mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Allocation mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Allocation mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Global Allocation Lagged Returns
When evaluating Global Allocation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Allocation mutual fund have on its future price. Global Allocation 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, Global Allocation autocorrelation shows the relationship between Global Allocation mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Global Allocation 6040.
Regressed Prices |
| Timeline |
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Other Information on Investing in Global Mutual Fund
Global Allocation financial ratios help investors to determine whether Global Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global Allocation security.
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