Dreyfus Institutional Reserves Fund Market Value
| DHLXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Dreyfus |
Please note, there is a significant difference between Dreyfus Institutional's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus Institutional is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus Institutional's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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 money market 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.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Dreyfus Institutional on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Dreyfus Institutional Reserves or generate 0.0% return on investment in Dreyfus Institutional over 360 days. Dreyfus Institutional is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Dreyfus Institutional is entity of United States 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 money market 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 Reserves upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.98) | |||
| Maximum Drawdown | 1.01 |
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 | 0.0426 | |||
| Jensen Alpha | 0.0047 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 1.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfus Institutional'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.
Dreyfus Institutional Backtested Returns
At this stage we consider Dreyfus Money Market Fund to be not too volatile. Dreyfus Institutional secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for Dreyfus Institutional Reserves, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus Institutional's Mean Deviation of 0.0301, standard deviation of 0.1243, and Coefficient Of Variation of 812.4 to check if the risk estimate we provide is consistent with the expected return of 0.0153%. The fund shows a Beta (market volatility) of 0.005, which means not very significant fluctuations relative to the market. 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 | 0.75 |
Good predictability
Dreyfus Institutional Reserves has good predictability. Overlapping area represents the amount of predictability between Dreyfus Institutional time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 0.75 indicates that around 75.0% of current Dreyfus Institutional price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dreyfus Institutional lagged returns against current returns
Autocorrelation, which is Dreyfus Institutional money market 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 money market 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 money market 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 money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Institutional money market 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 money market 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 money market 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 money market fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Institutional Reserves.
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 Money Market Fund
Dreyfus Institutional financial ratios help investors to determine whether Dreyfus Money Market 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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