Dreyfus Sp 500 Fund Market Value
| PEOPX Fund | USD 64.17 0.22 0.34% |
| Symbol | Dreyfus |
Dreyfus Sp '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 Sp'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 Sp.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Dreyfus Sp on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Dreyfus Sp 500 or generate 0.0% return on investment in Dreyfus Sp over 720 days. Dreyfus Sp is related to or competes with Dreyfus Midcap, Dreyfus Smallcap, Dreyfus Appreciation, Dreyfus International, and Fidelity Advisor. To pursue its goal, the fund generally is fully invested in stocks included in the SP 500 Index and in futures whose per... More
Dreyfus Sp 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 Sp'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 Sp 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8338 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.17 |
Dreyfus Sp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Sp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Sp's standard deviation. In reality, there are many statistical measures that can use Dreyfus Sp historical prices to predict the future Dreyfus Sp's volatility.| Risk Adjusted Performance | 0.0902 | |||
| Jensen Alpha | 0.0875 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (1.82) |
Dreyfus Sp 500 Backtested Returns
At this stage we consider Dreyfus Mutual Fund to be very steady. Dreyfus Sp 500 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 twenty-eight technical indicators for Dreyfus Sp 500, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus Sp's Mean Deviation of 0.568, semi deviation of 0.6856, and Downside Deviation of 0.8338 to check if the risk estimate we provide is consistent with the expected return of 0.0946%. The fund shows a Beta (market volatility) of -0.0451, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Sp are expected to decrease at a much lower rate. During the bear market, Dreyfus Sp is likely to outperform the market.
Auto-correlation | 0.73 |
Good predictability
Dreyfus Sp 500 has good predictability. Overlapping area represents the amount of predictability between Dreyfus Sp 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 Sp 500 price movement. The serial correlation of 0.73 indicates that around 73.0% of current Dreyfus Sp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 14.73 |
Dreyfus Sp 500 lagged returns against current returns
Autocorrelation, which is Dreyfus Sp 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 Sp's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Sp returns to help us make a trade decision. For example, suppose you find that Dreyfus Sp 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 Sp 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 Sp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Sp 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 Sp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus Sp Lagged Returns
When evaluating Dreyfus Sp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Sp mutual fund have on its future price. Dreyfus Sp 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 Sp autocorrelation shows the relationship between Dreyfus Sp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Sp 500.
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 Sp 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 Sp security.
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