Dfac is strong buy?


Aime
Dimensional U.S. Core Equity 2 ETF (DFAC) does not currently present as a strong buy. Here's why:
- Lack of Recent Price and Volume Data: There is no available data on the closing price and percentage change for DFAC, nor is there any trading volume data available. This makes it impossible to assess the current market sentiment or technical indicators.
- No Available Fund Flow Data: The net fund flow data is the only available data for DFAC, showing a net fund flow of $15.33 million on November 6, 20241. However, this data alone is insufficient to determine if DFAC is a strong buy, as it does not provide a comprehensive view of the fund's performance or the reasons behind the flow of funds.
- No Price Target or Consensus Rating: There is no available data on the average price target or consensus rating for DFAC. This makes it impossible to gauge analysts' opinions on the fund's potential for further price appreciation.
- Recent Institutional Activity: While there have been various institutional transactions involving DFAC, such as purchases and sales by Parallel Advisors LLC, National Bank of Canada FI, and others23, these transactions do not provide a clear indication of a strong buy sentiment. For instance, Parallel Advisors LLC sold 543 shares in the second quarter, which could suggest a lack of confidence in the fund's short-term performance2.
- Dividend Information: DFAC has a history of paying dividends, with the most recent quarterly distribution being $0.094067. This information is more related to the fund's income-generating potential than its price appreciation potential, and thus does not directly support the case for a strong buy.
- Market Position and Objectives: DFAC is designed to achieve long-term capital appreciation by investing in a broad and diverse group of equity securities of U.S. companies8. However, without specific data on the fund's performance relative to its objectives or market benchmarks, it is difficult to assess whether it is outperforming or has the potential to outperform in the future.
In conclusion, while there are some positive aspects to DFAC, such as its dividend payments and the net fund inflows, there is insufficient data to support the claim that it is a strong buy at this time. Investors would need more comprehensive information, including price and volume data, fund flow data, price targets, and consensus ratings, to make an informed decision.
Source:
1.
DFAC Net Fund Flow
more
less
Continue this conversation 

Explore
Screener
Analysis
Learn
News