Dreyfusstandish Global Correlations

DHGCX Fund

USD 19.61 0.02 0.10%

The current 90-days correlation between Dreyfusstandish Global and Rational Special Situations is 0.07 (i.e., Significant diversification). The correlation of Dreyfusstandish Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Dreyfusstandish Global Correlation With Market

Good diversification

The correlation between Dreyfusstandish Global Fixed and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dreyfusstandish Global Fixed and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dreyfusstandish Global Fixed. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Dreyfusstandish Mutual Fund

0.66	VZ	Verizon Communications Aggressive Push	Pair Corr
0.78	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Dreyfusstandish Mutual Fund

0.6	DFGBX	Dfa Five Year	Pair Corr
0.41	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.78	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.72	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.7	CSCO	Cisco Systems	Pair Corr
0.51	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.51	DIS	Walt Disney Aggressive Push	Pair Corr
0.5	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.41	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr

Related Correlations Analysis

	RFXIX	FBMPX	LANIX	LAVVX	TINAX	LMUSX
RFXIX		0.84	0.74	0.78	0.3	0.78	RFXIX
FBMPX	0.84		0.93	0.92	0.07	0.95	FBMPX
LANIX	0.74	0.93		0.93	0.15	0.98	LANIX
LAVVX	0.78	0.92	0.93		0.1	0.96	LAVVX
TINAX	0.3	0.07	0.15	0.1		0.06	TINAX
LMUSX	0.78	0.95	0.98	0.96	0.06		LMUSX
	RFXIX	FBMPX	LANIX	LAVVX	TINAX	LMUSX

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Risk-Adjusted Indicators

There is a big difference between Dreyfusstandish Mutual Fund performing well and Dreyfusstandish Global Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dreyfusstandish Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RFXIX	0.07	0.01	(0.73)	1.14	0.00	(0.10)	0.11	(0.11)	0.39
FBMPX	0.74	0.16	0.04	(0.90)	0.81	(0.74)	1.59	(1.72)	4.09
LANIX	0.52	0.06	(0.06)	(4.41)	0.57	(0.55)	1.22	(0.87)	3.14
LAVVX	0.52	0.01	0.00	0.12	0.41	(0.63)	1.19	(0.80)	4.04
TINAX	0.13	(0.01)	(0.44)	0.02	0.10	(0.18)	0.23	(0.23)	0.79
LMUSX	0.63	0.12	0.02	(11.72)	0.75	(0.72)	1.52	(1.49)	4.15

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