Dreyfus Institutional Sp Fund Market Value
| DSPIX Fund | USD 66.09 0.37 0.56% |
| Symbol | Dreyfus |
Dreyfus Institutional '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 Dreyfus Institutional'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 Dreyfus Institutional.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Dreyfus Institutional on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Dreyfus Institutional Sp or generate 0.0% return on investment in Dreyfus Institutional over 30 days. Dreyfus Institutional is related to or competes with Dreyfus Appreciation, Dreyfus Midcap, Dreyfus Sp, Dreyfus Smallcap, and Dreyfus Bond. To pursue its goal, the fund normally invests at least 95 percent of its total assets in common stocks included in the S... More
Dreyfus Institutional 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 Dreyfus Institutional'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 Dreyfus Institutional Sp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8408 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.18 |
Dreyfus Institutional Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Institutional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Institutional's standard deviation. In reality, there are many statistical measures that can use Dreyfus Institutional historical prices to predict the future Dreyfus Institutional's volatility.| Risk Adjusted Performance | 0.1222 | |||
| Jensen Alpha | 0.006 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1348 |
Dreyfus Institutional Backtested Returns
At this stage we consider Dreyfus Mutual Fund to be very steady. Dreyfus Institutional secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Dreyfus Institutional Sp, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus Institutional's Mean Deviation of 0.5474, downside deviation of 0.8408, and Semi Deviation of 0.6491 to check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.83, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dreyfus Institutional's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfus Institutional is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Dreyfus Institutional Sp has excellent predictability. Overlapping area represents the amount of predictability between Dreyfus Institutional time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Dreyfus Institutional price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Dreyfus Institutional price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Dreyfus Institutional lagged returns against current returns
Autocorrelation, which is Dreyfus Institutional 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 Dreyfus Institutional's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Institutional returns to help us make a trade decision. For example, suppose you find that Dreyfus Institutional 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 |
Dreyfus Institutional 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 Dreyfus Institutional mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Institutional mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dreyfus Institutional mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus Institutional Lagged Returns
When evaluating Dreyfus Institutional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Institutional mutual fund have on its future price. Dreyfus Institutional 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, Dreyfus Institutional autocorrelation shows the relationship between Dreyfus Institutional mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Institutional Sp.
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 Dreyfus Mutual Fund
Dreyfus Institutional financial ratios help investors to determine whether Dreyfus 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 Dreyfus with respect to the benefits of owning Dreyfus Institutional security.
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