Dreyfusthe Boston Pany Fund Market Value
| DBMCX Fund | USD 23.06 0.29 1.24% |
| Symbol | Dreyfusthe |
Dreyfusthe Boston '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 Dreyfusthe Boston'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 Dreyfusthe Boston.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Dreyfusthe Boston on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Dreyfusthe Boston Pany or generate 0.0% return on investment in Dreyfusthe Boston over 90 days. Dreyfusthe Boston is related to or competes with Alphacentric Lifesci, Prudential Health, Highland Longshort, Vanguard Health, Health Biotchnology, Invesco Global, and Tekla Healthcare. To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment ... More
Dreyfusthe Boston 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 Dreyfusthe Boston'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 Dreyfusthe Boston Pany upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.1327 | |||
| Maximum Drawdown | 6.0 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.93 |
Dreyfusthe Boston Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfusthe Boston's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfusthe Boston's standard deviation. In reality, there are many statistical measures that can use Dreyfusthe Boston historical prices to predict the future Dreyfusthe Boston's volatility.| Risk Adjusted Performance | 0.1817 | |||
| Jensen Alpha | 0.1255 | |||
| Total Risk Alpha | 0.0864 | |||
| Sortino Ratio | 0.1313 | |||
| Treynor Ratio | 0.222 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfusthe Boston'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.
Dreyfusthe Boston Pany Backtested Returns
Dreyfusthe Boston appears to be somewhat reliable, given 3 months investment horizon. Dreyfusthe Boston Pany secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the fund had a 0.24% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Dreyfusthe Boston Pany, which you can use to evaluate the volatility of the entity. Please utilize Dreyfusthe Boston's Downside Deviation of 1.1, mean deviation of 0.8301, and Semi Deviation of 0.818 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.17, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dreyfusthe Boston will likely underperform.
Auto-correlation | 0.73 |
Good predictability
Dreyfusthe Boston Pany has good predictability. Overlapping area represents the amount of predictability between Dreyfusthe Boston time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 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 Dreyfusthe Boston Pany price movement. The serial correlation of 0.73 indicates that around 73.0% of current Dreyfusthe Boston price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.97 |
Dreyfusthe Boston Pany lagged returns against current returns
Autocorrelation, which is Dreyfusthe Boston 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 Dreyfusthe Boston's mutual fund expected returns. We can calculate the autocorrelation of Dreyfusthe Boston returns to help us make a trade decision. For example, suppose you find that Dreyfusthe Boston 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 |
Dreyfusthe Boston 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 Dreyfusthe Boston mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfusthe Boston mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dreyfusthe Boston mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfusthe Boston Lagged Returns
When evaluating Dreyfusthe Boston's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfusthe Boston mutual fund have on its future price. Dreyfusthe Boston 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, Dreyfusthe Boston autocorrelation shows the relationship between Dreyfusthe Boston mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfusthe Boston Pany.
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.Other Information on Investing in Dreyfusthe Mutual Fund
Dreyfusthe Boston financial ratios help investors to determine whether Dreyfusthe 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 Dreyfusthe with respect to the benefits of owning Dreyfusthe Boston security.
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