Dreyfus Natural Resources Fund Market Value
| DLDCX Fund | USD 35.75 1.04 3.00% |
| Symbol | Dreyfus |
Dreyfus Natural '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 Dreyfus Natural'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 Dreyfus Natural.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Dreyfus Natural on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Dreyfus Natural Resources or generate 0.0% return on investment in Dreyfus Natural over 90 days. Dreyfus Natural is related to or competes with Inverse High, Buffalo High, Brandywineglobal, Artisan High, Aim Counselor, Calvert High, and T Rowe. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in stocks ... More
Dreyfus Natural 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 Dreyfus Natural'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 Dreyfus Natural Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0189 | |||
| Maximum Drawdown | 5.43 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 1.82 |
Dreyfus Natural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Natural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Natural's standard deviation. In reality, there are many statistical measures that can use Dreyfus Natural historical prices to predict the future Dreyfus Natural's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.082 | |||
| Treynor Ratio | 0.3671 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfus Natural'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.
Dreyfus Natural Resources Backtested Returns
Dreyfus Natural Resources secures Sharpe Ratio (or Efficiency) of -0.0558, which denotes the fund had a -0.0558 % return per unit of standard deviation over the last 3 months. Dreyfus Natural Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dreyfus Natural's Standard Deviation of 1.33, coefficient of variation of (1,791), and Mean Deviation of 0.9855 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Natural are expected to decrease at a much lower rate. During the bear market, Dreyfus Natural is likely to outperform the market.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Dreyfus Natural Resources has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Dreyfus Natural time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dreyfus Natural Resources price movement. The serial correlation of -0.72 indicates that around 72.0% of current Dreyfus Natural price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 2.21 |
Dreyfus Natural Resources lagged returns against current returns
Autocorrelation, which is Dreyfus Natural 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 Dreyfus Natural's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Natural returns to help us make a trade decision. For example, suppose you find that Dreyfus Natural 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 |
Dreyfus Natural 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 Dreyfus Natural mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Natural mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dreyfus Natural mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus Natural Lagged Returns
When evaluating Dreyfus Natural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Natural mutual fund have on its future price. Dreyfus Natural 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, Dreyfus Natural autocorrelation shows the relationship between Dreyfus Natural mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Natural Resources.
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 Dreyfus Mutual Fund
Dreyfus Natural 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 Natural security.
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