Dreyfus New Jersey Fund Statistic Functions Beta

DRNJX Fund  USD 11.95  0.02  0.17%   
Dreyfus New statistic functions tool provides the execution environment for running the Beta function and other technical functions against Dreyfus New. Dreyfus New value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Dreyfus New statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Dreyfus New Jersey correlated with the market. If Beta is less than 0 Dreyfus New generally moves in the opposite direction as compared to the market. If Dreyfus New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dreyfus New Jersey is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dreyfus New is generally in the same direction as the market. If Beta > 1 Dreyfus New moves generally in the same direction as, but more than the movement of the benchmark.

Dreyfus New Technical Analysis Modules

Most technical analysis of Dreyfus New help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dreyfus from various momentum indicators to cycle indicators. When you analyze Dreyfus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Dreyfus New Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dreyfus New Jersey. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dreyfus New Jersey based on widely used predictive technical indicators. In general, we focus on analyzing Dreyfus Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dreyfus New's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Dreyfus New's intrinsic value. In addition to deriving basic predictive indicators for Dreyfus New, we also check how macroeconomic factors affect Dreyfus New price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.6911.9512.21
Details
Intrinsic
Valuation
LowRealHigh
11.6611.9212.18
Details
Naive
Forecast
LowNextHigh
11.6811.9412.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.8111.8811.95
Details

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Dreyfus New Jersey pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dreyfus New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dreyfus New will appreciate offsetting losses from the drop in the long position's value.

Dreyfus New Pair Trading

Dreyfus New Jersey Pair Trading Analysis

Other Information on Investing in Dreyfus Mutual Fund

Dreyfus New 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 New security.
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