Dreyfus Institutional Correlations
| DTLXX Fund | 1.00 0.00 0.00% |
The correlation of Dreyfus Institutional 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Dreyfus |
Related Correlations Analysis
| 0.43 | 0.59 | 0.81 | 0.8 | OIDAX | ||
| 0.43 | 0.94 | 0.75 | 0.44 | DLTZX | ||
| 0.59 | 0.94 | 0.81 | 0.59 | MDBLX | ||
| 0.81 | 0.75 | 0.81 | 0.78 | EXDAX | ||
| 0.8 | 0.44 | 0.59 | 0.78 | SMGAX | ||
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Risk-Adjusted Indicators
There is a big difference between Dreyfus Money Market Fund performing well and Dreyfus Institutional Money Market Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dreyfus Institutional's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OIDAX | 0.71 | (0.05) | 0.00 | 0.22 | 0.00 | 1.42 | 5.03 | |||
| DLTZX | 0.08 | 0.01 | 0.50 | 0.51 | 0.00 | 0.26 | 0.64 | |||
| MDBLX | 0.23 | 0.01 | 0.28 | 0.13 | 0.20 | 0.50 | 1.38 | |||
| EXDAX | 0.21 | (0.02) | 0.00 | 0.23 | 0.00 | 0.39 | 1.32 | |||
| SMGAX | 0.36 | (0.03) | 0.00 | (0.16) | 0.00 | 0.58 | 3.95 |