Dreyfusthe Boston Pany Fund Market Value
| STSVX Fund | USD 22.95 0.07 0.31% |
| Symbol | Dreyfus/the |
Dreyfus/the Boston '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/the Boston'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/the Boston.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Dreyfus/the Boston on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Dreyfusthe Boston Pany or generate 0.0% return on investment in Dreyfus/the Boston over 30 days. Dreyfus/the Boston is related to or competes with Ab Small, Tax-managed, Rbc Small, Touchstone Small, The Hartford, Us Small, and Kinetics Small. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity ... More
Dreyfus/the Boston 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/the Boston'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 Dreyfusthe Boston Pany upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9854 | |||
| Information Ratio | 0.0191 | |||
| Maximum Drawdown | 6.73 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.81 |
Dreyfus/the Boston Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus/the Boston's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus/the Boston's standard deviation. In reality, there are many statistical measures that can use Dreyfus/the Boston historical prices to predict the future Dreyfus/the Boston's volatility.| Risk Adjusted Performance | 0.1063 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0232 | |||
| Treynor Ratio | 0.1111 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfus/the Boston'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.
Dreyfusthe Boston Pany Backtested Returns
At this stage we consider Dreyfus/the Mutual Fund to be very steady. Dreyfusthe Boston Pany secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the fund had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Dreyfusthe Boston Pany, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus/the Boston's Semi Deviation of 0.7692, mean deviation of 0.8246, and Downside Deviation of 0.9854 to check if the risk estimate we provide is consistent with the expected return of 0.19%. The fund shows a Beta (market volatility) of 1.35, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dreyfus/the Boston will likely underperform.
Auto-correlation | 0.42 |
Average predictability
Dreyfusthe Boston Pany has average predictability. Overlapping area represents the amount of predictability between Dreyfus/the Boston time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Dreyfusthe Boston Pany price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Dreyfus/the Boston price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Dreyfusthe Boston Pany lagged returns against current returns
Autocorrelation, which is Dreyfus/the Boston 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/the Boston's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus/the Boston returns to help us make a trade decision. For example, suppose you find that Dreyfus/the Boston 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/the Boston 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/the Boston mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus/the Boston 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/the Boston mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus/the Boston Lagged Returns
When evaluating Dreyfus/the Boston's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus/the Boston mutual fund have on its future price. Dreyfus/the Boston 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/the Boston autocorrelation shows the relationship between Dreyfus/the Boston mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfusthe Boston Pany.
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/the Mutual Fund
Dreyfus/the Boston financial ratios help investors to determine whether Dreyfus/the 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/the with respect to the benefits of owning Dreyfus/the Boston security.
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