Dreyfusnewton International Equity Fund Market Value
| SNIEX Fund | USD 22.90 0.31 1.34% |
| Symbol | Dreyfusnewton |
Dreyfusnewton International '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 Dreyfusnewton International'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 Dreyfusnewton International.
| 08/23/2024 |
| 09/22/2024 |
If you would invest 0.00 in Dreyfusnewton International on August 23, 2024 and sell it all today you would earn a total of 0.00 from holding Dreyfusnewton International Equity or generate 0.0% return on investment in Dreyfusnewton International over 30 days. Dreyfusnewton International is related to or competes with Dreyfus/the Boston, Dreyfus International, Dreyfus International, Dreyfus International, Dreyfus International, Dreyfus Short, and Dreyfus International. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in common ... More
Dreyfusnewton International 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 Dreyfusnewton International'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 Dreyfusnewton International Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.92 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.87 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.59 |
Dreyfusnewton International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfusnewton International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfusnewton International's standard deviation. In reality, there are many statistical measures that can use Dreyfusnewton International historical prices to predict the future Dreyfusnewton International's volatility.| Risk Adjusted Performance | 0.0744 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0839 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfusnewton International'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.
Dreyfusnewton International Backtested Returns
At this stage we consider Dreyfusnewton Mutual Fund to be very steady. Dreyfusnewton International secures Sharpe Ratio (or Efficiency) of 0.0888, which denotes the fund had a 0.0888% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Dreyfusnewton International Equity, which you can use to evaluate the volatility of the entity. Please confirm Dreyfusnewton International's Mean Deviation of 0.675, downside deviation of 0.92, and Semi Deviation of 0.7971 to check if the risk estimate we provide is consistent with the expected return of 0.0787%. The fund shows a Beta (market volatility) of 0.84, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dreyfusnewton International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfusnewton International is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Dreyfusnewton International Equity has good reverse predictability. Overlapping area represents the amount of predictability between Dreyfusnewton International time series from 23rd of August 2024 to 7th of September 2024 and 7th of September 2024 to 22nd of September 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 Dreyfusnewton International price movement. The serial correlation of -0.51 indicates that about 51.0% of current Dreyfusnewton International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Dreyfusnewton International lagged returns against current returns
Autocorrelation, which is Dreyfusnewton International 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 Dreyfusnewton International's mutual fund expected returns. We can calculate the autocorrelation of Dreyfusnewton International returns to help us make a trade decision. For example, suppose you find that Dreyfusnewton International 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 |
Dreyfusnewton International 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 Dreyfusnewton International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfusnewton International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dreyfusnewton International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfusnewton International Lagged Returns
When evaluating Dreyfusnewton International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfusnewton International mutual fund have on its future price. Dreyfusnewton International 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, Dreyfusnewton International autocorrelation shows the relationship between Dreyfusnewton International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfusnewton International Equity.
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 Dreyfusnewton Mutual Fund
Dreyfusnewton International financial ratios help investors to determine whether Dreyfusnewton 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 Dreyfusnewton with respect to the benefits of owning Dreyfusnewton International security.
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