Dreyfus High Yield Fund Technical Analysis
DHYYX Fund | USD 11.13 0.01 0.09% |
As of the 26th of November, Dreyfus High shows the Semi Deviation of 0.3486, downside deviation of 0.5631, and Mean Deviation of 0.2077. Dreyfus High Yield technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Dreyfus High Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dreyfus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DreyfusDreyfus |
Dreyfus High technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Dreyfus High Yield Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Dreyfus High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dreyfus High Yield Trend Analysis
Use this graph to draw trend lines for Dreyfus High Yield. You can use it to identify possible trend reversals for Dreyfus High as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Dreyfus High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dreyfus High Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dreyfus High Yield applied against its price change over selected period. The best fit line has a slop of 0.0013 , which may suggest that Dreyfus High Yield market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Dreyfus High price change compared to its average price change.About Dreyfus High Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Dreyfus High Yield on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Dreyfus High Yield based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Dreyfus High Yield price pattern first instead of the macroeconomic environment surrounding Dreyfus High Yield. By analyzing Dreyfus High's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Dreyfus High's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Dreyfus High specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dreyfus High November 26, 2024 Technical Indicators
Most technical analysis of Dreyfus 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0163 | |||
Market Risk Adjusted Performance | (0.01) | |||
Mean Deviation | 0.2077 | |||
Semi Deviation | 0.3486 | |||
Downside Deviation | 0.5631 | |||
Coefficient Of Variation | 2784.18 | |||
Standard Deviation | 0.3607 | |||
Variance | 0.1301 | |||
Information Ratio | (0.32) | |||
Jensen Alpha | 0.0206 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.21) | |||
Treynor Ratio | (0.02) | |||
Maximum Drawdown | 2.18 | |||
Value At Risk | (0.54) | |||
Potential Upside | 0.457 | |||
Downside Variance | 0.3171 | |||
Semi Variance | 0.1215 | |||
Expected Short fall | (0.29) | |||
Skewness | (1.78) | |||
Kurtosis | 7.7 |
Dreyfus High Yield One Year Return
Based on the recorded statements, Dreyfus High Yield has an One Year Return of 11.3024%. This is 20.11% higher than that of the Dreyfus family and significantly higher than that of the High Yield Muni category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Dreyfus High November 26, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Dreyfus stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 11.13 | ||
Day Typical Price | 11.13 | ||
Price Action Indicator | 0.01 |
Other Information on Investing in Dreyfus Mutual Fund
Dreyfus High 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 High security.
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