Dreyfusstandish Global Fixed Fund Market Value
| DHGCX Fund | USD 19.84 0.07 0.35% |
| Symbol | Dreyfusstandish |
Dreyfusstandish Global '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 Dreyfusstandish Global'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 Dreyfusstandish Global.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in Dreyfusstandish Global on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding Dreyfusstandish Global Fixed or generate 0.0% return on investment in Dreyfusstandish Global over 90 days. Dreyfusstandish Global is related to or competes with Invesco Gold, Global Gold, Short Precious, Goldman Sachs, Gabelli Gold, and Europac Gold. To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment ... More
Dreyfusstandish Global 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 Dreyfusstandish Global'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 Dreyfusstandish Global Fixed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.194 | |||
| Information Ratio | (0.71) | |||
| Maximum Drawdown | 0.9619 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.3075 |
Dreyfusstandish Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfusstandish Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfusstandish Global's standard deviation. In reality, there are many statistical measures that can use Dreyfusstandish Global historical prices to predict the future Dreyfusstandish Global's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.70) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfusstandish Global'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.
Dreyfusstandish Global Backtested Returns
At this stage we consider Dreyfusstandish Mutual Fund to be very steady. Dreyfusstandish Global secures Sharpe Ratio (or Efficiency) of 0.0335, which denotes the fund had a 0.0335% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Dreyfusstandish Global Fixed, which you can use to evaluate the volatility of the entity. Please confirm Dreyfusstandish Global's Mean Deviation of 0.1537, downside deviation of 0.194, and Semi Deviation of 0.1725 to check if the risk estimate we provide is consistent with the expected return of 0.0066%. The fund shows a Beta (market volatility) of 0.0382, which means not very significant fluctuations relative to the market. As returns on the market increase, Dreyfusstandish Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfusstandish Global is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
Dreyfusstandish Global Fixed has good reverse predictability. Overlapping area represents the amount of predictability between Dreyfusstandish Global time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th of November 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 Dreyfusstandish Global price movement. The serial correlation of -0.55 indicates that about 55.0% of current Dreyfusstandish Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dreyfusstandish Global lagged returns against current returns
Autocorrelation, which is Dreyfusstandish Global 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 Dreyfusstandish Global's mutual fund expected returns. We can calculate the autocorrelation of Dreyfusstandish Global returns to help us make a trade decision. For example, suppose you find that Dreyfusstandish Global 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 |
Dreyfusstandish Global 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 Dreyfusstandish Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfusstandish Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dreyfusstandish Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfusstandish Global Lagged Returns
When evaluating Dreyfusstandish Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfusstandish Global mutual fund have on its future price. Dreyfusstandish Global 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, Dreyfusstandish Global autocorrelation shows the relationship between Dreyfusstandish Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfusstandish Global Fixed.
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 Dreyfusstandish Mutual Fund
Dreyfusstandish Global financial ratios help investors to determine whether Dreyfusstandish 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 Dreyfusstandish with respect to the benefits of owning Dreyfusstandish Global security.
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