Dreyfus Amt Free Municipal Fund Market Value
| DMBIX Fund | USD 13.30 0.05 0.38% |
| Symbol | Dreyfus |
Dreyfus Amt '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 Amt'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 Amt.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Dreyfus Amt on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Dreyfus Amt Free Municipal or generate 0.0% return on investment in Dreyfus Amt over 720 days. Dreyfus Amt is related to or competes with Dreyfus High, Dreyfusthe Boston, Dreyfus International, Dreyfus International, Dreyfus International, Dreyfus International, and Dreyfus Short. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in municip... More
Dreyfus Amt 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 Amt'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 Amt Free Municipal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 1.5 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.3771 |
Dreyfus Amt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Amt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Amt's standard deviation. In reality, there are many statistical measures that can use Dreyfus Amt historical prices to predict the future Dreyfus Amt's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.7669 |
Dreyfus Amt Free Backtested Returns
Dreyfus Amt Free secures Sharpe Ratio (or Efficiency) of -0.0725, which denotes the fund had a -0.0725% return per unit of standard deviation over the last 3 months. Dreyfus Amt Free Municipal exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dreyfus Amt's Mean Deviation of 0.1817, standard deviation of 0.2777, and Coefficient Of Variation of (1,389) to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0391, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Amt are expected to decrease at a much lower rate. During the bear market, Dreyfus Amt is likely to outperform the market.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Dreyfus Amt Free Municipal has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dreyfus Amt time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 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 Dreyfus Amt Free price movement. The serial correlation of -0.17 indicates that over 17.0% of current Dreyfus Amt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Dreyfus Amt Free lagged returns against current returns
Autocorrelation, which is Dreyfus Amt 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 Amt's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Amt returns to help us make a trade decision. For example, suppose you find that Dreyfus Amt 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 Amt 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 Amt mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Amt 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 Amt mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus Amt Lagged Returns
When evaluating Dreyfus Amt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Amt mutual fund have on its future price. Dreyfus Amt 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 Amt autocorrelation shows the relationship between Dreyfus Amt mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Amt Free Municipal.
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 Amt 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 Amt security.
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