Dreyfus Short Term Income Fund Market Value
| DSTIX Fund | USD 9.73 0.03 0.31% |
| Symbol | Dreyfus |
Dreyfus Short-term '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 Short-term'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 Short-term.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Dreyfus Short-term on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Dreyfus Short Term Income or generate 0.0% return on investment in Dreyfus Short-term over 180 days. Dreyfus Short-term is related to or competes with Dreyfusstandish Global, Dreyfusstandish Global, Dreyfus High, Dreyfus High, Dreyfus High, Dreyfus New, and Dreyfus International. To pursue its goal, the fund normally invests principally in fixed-income securities of U.S More
Dreyfus Short-term 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 Short-term'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 Short Term Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1604 | |||
| Information Ratio | (0.92) | |||
| Maximum Drawdown | 0.7212 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.206 |
Dreyfus Short-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Short-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Short-term's standard deviation. In reality, there are many statistical measures that can use Dreyfus Short-term historical prices to predict the future Dreyfus Short-term's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.75) | |||
| Treynor Ratio | 0.4903 |
Dreyfus Short Term Backtested Returns
At this stage we consider Dreyfus Mutual Fund to be very steady. Dreyfus Short Term secures Sharpe Ratio (or Efficiency) of 0.0494, which denotes the fund had a 0.0494% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Dreyfus Short Term Income, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus Short-term's Downside Deviation of 0.1604, mean deviation of 0.0919, and Semi Deviation of 0.0471 to check if the risk estimate we provide is consistent with the expected return of 0.0066%. The fund shows a Beta (market volatility) of -0.0043, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Short-term are expected to decrease at a much lower rate. During the bear market, Dreyfus Short-term is likely to outperform the market.
Auto-correlation | -0.59 |
Good reverse predictability
Dreyfus Short Term Income has good reverse predictability. Overlapping area represents the amount of predictability between Dreyfus Short-term time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Short Term price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Dreyfus Short-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dreyfus Short Term lagged returns against current returns
Autocorrelation, which is Dreyfus Short-term 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 Short-term's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Short-term returns to help us make a trade decision. For example, suppose you find that Dreyfus Short-term 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 Short-term 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 Short-term mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Short-term 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 Short-term mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus Short-term Lagged Returns
When evaluating Dreyfus Short-term's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Short-term mutual fund have on its future price. Dreyfus Short-term 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 Short-term autocorrelation shows the relationship between Dreyfus Short-term mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Short Term Income.
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 Short-term 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 Short-term security.
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