Dreyfus Appreciation Fund Market Value
| DGAGX Fund | USD 45.47 0.10 0.22% |
| Symbol | Dreyfus |
Dreyfus Appreciation '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 Appreciation'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 Appreciation.
| 01/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in Dreyfus Appreciation on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Dreyfus Appreciation Fund or generate 0.0% return on investment in Dreyfus Appreciation over 690 days. Dreyfus Appreciation is related to or competes with Marsico Focus, Dreyfus Sp, Dreyfus Institutional, Causeway International, and T Rowe. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in common ... More
Dreyfus Appreciation 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 Appreciation'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 Appreciation Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8237 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.47 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.09 |
Dreyfus Appreciation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Appreciation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Appreciation's standard deviation. In reality, there are many statistical measures that can use Dreyfus Appreciation historical prices to predict the future Dreyfus Appreciation's volatility.| Risk Adjusted Performance | 0.0277 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.023 |
Dreyfus Appreciation Backtested Returns
At this stage we consider Dreyfus Mutual Fund to be very steady. Dreyfus Appreciation secures Sharpe Ratio (or Efficiency) of 0.0289, which denotes the fund had a 0.0289% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Dreyfus Appreciation Fund, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus Appreciation's Semi Deviation of 0.7635, downside deviation of 0.8237, and Mean Deviation of 0.526 to check if the risk estimate we provide is consistent with the expected return of 0.021%. The fund shows a Beta (market volatility) of 0.73, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dreyfus Appreciation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfus Appreciation is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
Dreyfus Appreciation Fund has good predictability. Overlapping area represents the amount of predictability between Dreyfus Appreciation time series from 4th of January 2023 to 15th of December 2023 and 15th of December 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 Appreciation price movement. The serial correlation of 0.66 indicates that around 66.0% of current Dreyfus Appreciation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 2.54 |
Dreyfus Appreciation lagged returns against current returns
Autocorrelation, which is Dreyfus Appreciation 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 Appreciation's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Appreciation returns to help us make a trade decision. For example, suppose you find that Dreyfus Appreciation 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 Appreciation 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 Appreciation mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Appreciation 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 Appreciation mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus Appreciation Lagged Returns
When evaluating Dreyfus Appreciation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Appreciation mutual fund have on its future price. Dreyfus Appreciation 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 Appreciation autocorrelation shows the relationship between Dreyfus Appreciation mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Appreciation Fund.
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 Appreciation 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 Appreciation security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |