Dreyfus Bond Market Fund Market Value
| DBIRX Fund | USD 8.93 0.01 0.11% |
| Symbol | Dreyfus |
Dreyfus Bond '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 Bond'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 Bond.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Dreyfus Bond on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Dreyfus Bond Market or generate 0.0% return on investment in Dreyfus Bond over 720 days. Dreyfus Bond is related to or competes with Dreyfusstandish Global, Dreyfus High, Dreyfus High, Dreyfus New, Dreyfus International, Dreyfus International, and Dreyfus International. To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment ... More
Dreyfus Bond 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 Bond'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 Bond Market upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.59) | |||
| Maximum Drawdown | 1.23 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.4396 |
Dreyfus Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Bond's standard deviation. In reality, there are many statistical measures that can use Dreyfus Bond historical prices to predict the future Dreyfus Bond's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (1.34) |
Dreyfus Bond Market Backtested Returns
Dreyfus Bond Market secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the fund had a -0.11% return per unit of standard deviation over the last 3 months. Dreyfus Bond Market exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dreyfus Bond's Mean Deviation of 0.2055, coefficient of variation of (868.70), and Standard Deviation of 0.2739 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.031, which means not very significant fluctuations relative to the market. As returns on the market increase, Dreyfus Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfus Bond is expected to be smaller as well.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Dreyfus Bond Market has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Dreyfus Bond time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Bond Market price movement. The serial correlation of -0.71 indicates that around 71.0% of current Dreyfus Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Dreyfus Bond Market lagged returns against current returns
Autocorrelation, which is Dreyfus Bond 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 Bond's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Bond returns to help us make a trade decision. For example, suppose you find that Dreyfus Bond 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 Bond 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 Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Bond 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 Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus Bond Lagged Returns
When evaluating Dreyfus Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Bond mutual fund have on its future price. Dreyfus Bond 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 Bond autocorrelation shows the relationship between Dreyfus Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Bond Market.
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 Bond 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 Bond security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |