Dreyfus/standish Correlations

SDGIX Fund

USD 20.25 0.01 0.05%

The current 90-days correlation between Dreyfusstandish Global and Lord Abbett Affiliated is 0.16 (i.e., Average diversification). The correlation of Dreyfus/standish 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/standish Correlation With Market

Average diversification

The correlation between Dreyfusstandish Global Fixed and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dreyfusstandish Global Fixed and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Dreyfusstandish Global Fixed. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Dreyfus/standish Mutual Fund

0.85	DIBYX	Dreyfus International	Pair Corr
0.74	DIEYX	Dreyfus International	Pair Corr
0.89	DIMIX	Dreyfus Short Interm	Pair Corr
0.72	DMBIX	Dreyfus Amt Free	Pair Corr
0.69	DMBVX	Dreyfus Municipal Bond	Pair Corr
0.7	DMUYX	Dreyfus Amt Free	Pair Corr
0.67	DNYYX	Dreyfus New York	Pair Corr
0.81	DQEIX	Dreyfus Global Equity	Pair Corr
0.86	DRLIX	Dreyfus Global Real	Pair Corr
0.85	DRLYX	Dreyfus Global Real	Pair Corr
1.0	DSDYX	Dreyfusstandish Global	Pair Corr
0.72	DCAYX	Dreyfus California Amt	Pair Corr
0.75	DCMIX	Dreyfus California Amt	Pair Corr
0.88	GPNIX	Dreyfus Gnma	Pair Corr
0.87	GPNYX	Dreyfus Gnma	Pair Corr
0.76	SNIEX	Dreyfusnewton International	Pair Corr
0.74	DFLIX	Dreyfus Floating Rate	Pair Corr
0.86	DGDCX	Dreyfus Global Dynamic	Pair Corr

Moving against Dreyfus/standish Mutual Fund

0.55	DLDYX	Dreyfus Natural Resources	Pair Corr
0.46	DLDRX	Dreyfus Natural Resources	Pair Corr
0.34	STSVX	Dreyfusthe Boston Pany	Pair Corr
0.32	DLACX	Dreyfus Large Cap	Pair Corr
0.31	SDSCX	Dreyfusthe Boston Pany	Pair Corr
0.49	DRYQX	Dreyfus Research Growth	Pair Corr
0.39	DTCYX	The Dreyfus Sustainable	Pair Corr

Related Correlations Analysis

	LTFOX	ENGRX	JDVNX	ANVIX	TALCX	DNLVX
LTFOX		0.67	0.75	0.87	0.9	0.89	LTFOX
ENGRX	0.67		0.65	0.71	0.69	0.69	ENGRX
JDVNX	0.75	0.65		0.82	0.83	0.86	JDVNX
ANVIX	0.87	0.71	0.82		0.96	0.97	ANVIX
TALCX	0.9	0.69	0.83	0.96		0.99	TALCX
DNLVX	0.89	0.69	0.86	0.97	0.99		DNLVX
	LTFOX	ENGRX	JDVNX	ANVIX	TALCX	DNLVX

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Risk-Adjusted Indicators

There is a big difference between Dreyfus/standish Mutual Fund performing well and Dreyfus/standish Mutual 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/standish'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
LTFOX	0.67	0.02	0.06	(0.23)	0.82	(0.70)	1.49	(1.44)	3.58
ENGRX	0.76	0.06	0.05	2.74	1.38	(0.85)	1.16	(1.12)	10.33
JDVNX	0.81	(0.13)	0.00	(0.18)	0.00	0.00	1.24	(1.63)	10.15
ANVIX	0.64	0.02	0.03	0.00	0.79	(0.68)	1.22	(1.18)	3.29
TALCX	0.62	0.03	0.04	0.01	0.77	(0.68)	1.36	(1.36)	3.68
DNLVX	0.60	0.02	0.03	0.00	0.75	(0.63)	1.24	(1.33)	3.34

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