Dreyfusstandish Global Fixed Fund Market Value

DHGCX Fund  USD 19.12  0.04  0.21%   
Dreyfusstandish Global's market value is the price at which a share of Dreyfusstandish Global trades on a public exchange. It measures the collective expectations of Dreyfusstandish Global Fixed investors about its performance. Dreyfusstandish Global is trading at 19.12 as of the 29th of March 2024; that is 0.21 percent up since the beginning of the trading day. The fund's open price was 19.08.
With this module, you can estimate the performance of a buy and hold strategy of Dreyfusstandish Global Fixed and determine expected loss or profit from investing in Dreyfusstandish Global over a given investment horizon. Check out Dreyfusstandish Global Correlation, Dreyfusstandish Global Volatility and Dreyfusstandish Global Alpha and Beta module to complement your research on Dreyfusstandish Global.
Symbol

Please note, there is a significant difference between Dreyfusstandish Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfusstandish Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfusstandish Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Dreyfusstandish Global '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 Dreyfusstandish Global'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 Dreyfusstandish Global.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in Dreyfusstandish Global on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Dreyfusstandish Global Fixed or generate 0.0% return on investment in Dreyfusstandish Global over 30 days. Dreyfusstandish Global is related to or competes with Auer Growth, Shelton Funds, Semiconductors Portfolio, Fidelity Advisor, Artisan Thematic, and Tax-managed. To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment ... More

Dreyfusstandish Global 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 Dreyfusstandish Global'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 Dreyfusstandish Global Fixed upside and downside potential and time the market with a certain degree of confidence.

Dreyfusstandish Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfusstandish Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfusstandish Global's standard deviation. In reality, there are many statistical measures that can use Dreyfusstandish Global historical prices to predict the future Dreyfusstandish Global's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfusstandish Global'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.
Hype
Prediction
LowEstimatedHigh
18.9119.1219.33
Details
Intrinsic
Valuation
LowRealHigh
18.8819.0919.30
Details
Naive
Forecast
LowNextHigh
18.8419.0519.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.8719.0319.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dreyfusstandish Global. Your research has to be compared to or analyzed against Dreyfusstandish Global's peers to derive any actionable benefits. When done correctly, Dreyfusstandish Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dreyfusstandish Global.

Dreyfusstandish Global Backtested Returns

We consider Dreyfusstandish Global very steady. Dreyfusstandish Global secures Sharpe Ratio (or Efficiency) of 0.0741, which denotes the fund had a 0.0741% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Dreyfusstandish Global Fixed, which you can use to evaluate the volatility of the entity. Please confirm Dreyfusstandish Global's Downside Deviation of 0.2256, semi deviation of 0.1611, and Mean Deviation of 0.1706 to check if the risk estimate we provide is consistent with the expected return of 0.0157%. The fund shows a Beta (market volatility) of 0.0452, which means not very significant fluctuations relative to the market. As returns on the market increase, Dreyfusstandish Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfusstandish Global is expected to be smaller as well.

Auto-correlation

    
  0.82  

Very good predictability

Dreyfusstandish Global Fixed has very good predictability. Overlapping area represents the amount of predictability between Dreyfusstandish Global time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 Dreyfusstandish Global price movement. The serial correlation of 0.82 indicates that around 82.0% of current Dreyfusstandish Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.82
Spearman Rank Test0.85
Residual Average0.0
Price Variance0.0

Dreyfusstandish Global lagged returns against current returns

Autocorrelation, which is Dreyfusstandish Global 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 Dreyfusstandish Global's mutual fund expected returns. We can calculate the autocorrelation of Dreyfusstandish Global returns to help us make a trade decision. For example, suppose you find that Dreyfusstandish Global 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  

Dreyfusstandish Global 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 Dreyfusstandish Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfusstandish Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dreyfusstandish Global mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Dreyfusstandish Global Lagged Returns

When evaluating Dreyfusstandish Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfusstandish Global mutual fund have on its future price. Dreyfusstandish Global 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, Dreyfusstandish Global autocorrelation shows the relationship between Dreyfusstandish Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfusstandish Global Fixed.
   Regressed Prices   
       Timeline  

Pair Trading with Dreyfusstandish Global

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 Dreyfusstandish Global 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 Dreyfusstandish Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dreyfusstandish Mutual Fund

  0.89DHGAX Dreyfusstandish GlobalPairCorr
  0.65DLDCX Dreyfus Natural ResourcesPairCorr
  0.66VTIBX Vanguard Total InterPairCorr
  0.69VTIFX Vanguard Total InterPairCorr
The ability to find closely correlated positions to Dreyfusstandish Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dreyfusstandish Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dreyfusstandish Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dreyfusstandish Global Fixed to buy it.
The correlation of Dreyfusstandish Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dreyfusstandish Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dreyfusstandish Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dreyfusstandish Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Dreyfusstandish Global Correlation, Dreyfusstandish Global Volatility and Dreyfusstandish Global Alpha and Beta module to complement your research on Dreyfusstandish Global.
Note that the Dreyfusstandish Global information on this page should be used as a complementary analysis to other Dreyfusstandish Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Dreyfusstandish Global's price analysis, check to measure Dreyfusstandish Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dreyfusstandish Global is operating at the current time. Most of Dreyfusstandish Global's value examination focuses on studying past and present price action to predict the probability of Dreyfusstandish Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dreyfusstandish Global's price. Additionally, you may evaluate how the addition of Dreyfusstandish Global to your portfolios can decrease your overall portfolio volatility.
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Dreyfusstandish Global 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.
A focus of Dreyfusstandish Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dreyfusstandish Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...