Dreyfus Short Intermediate Fund Market Value

DMYBX Fund  USD 12.70  0.02  0.16%   
Dreyfus Short's market value is the price at which a share of Dreyfus Short trades on a public exchange. It measures the collective expectations of Dreyfus Short Intermediate investors about its performance. Dreyfus Short is trading at 12.70 as of the 22nd of December 2024; that is 0.16% up since the beginning of the trading day. The fund's open price was 12.68.
With this module, you can estimate the performance of a buy and hold strategy of Dreyfus Short Intermediate and determine expected loss or profit from investing in Dreyfus Short over a given investment horizon. Check out Dreyfus Short Correlation, Dreyfus Short Volatility and Dreyfus Short Alpha and Beta module to complement your research on Dreyfus Short.
Symbol

Please note, there is a significant difference between Dreyfus Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Dreyfus Short '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 Short'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 Short.
0.00
07/31/2023
No Change 0.00  0.0 
In 1 year 4 months and 26 days
12/22/2024
0.00
If you would invest  0.00  in Dreyfus Short on July 31, 2023 and sell it all today you would earn a total of 0.00 from holding Dreyfus Short Intermediate or generate 0.0% return on investment in Dreyfus Short over 510 days. Dreyfus Short 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 substantially all of its net assets in municipal bonds that provide income exempt from federal... More

Dreyfus Short 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 Short'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 Short Intermediate upside and downside potential and time the market with a certain degree of confidence.

Dreyfus Short Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Short's standard deviation. In reality, there are many statistical measures that can use Dreyfus Short historical prices to predict the future Dreyfus Short's volatility.
Hype
Prediction
LowEstimatedHigh
12.6112.7012.79
Details
Intrinsic
Valuation
LowRealHigh
11.4313.8513.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dreyfus Short. Your research has to be compared to or analyzed against Dreyfus Short's peers to derive any actionable benefits. When done correctly, Dreyfus Short's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dreyfus Short Interm.

Dreyfus Short Interm Backtested Returns

Dreyfus Short Interm secures Sharpe Ratio (or Efficiency) of -0.065, which denotes the fund had a -0.065% return per unit of standard deviation over the last 3 months. Dreyfus Short Intermediate exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dreyfus Short's Mean Deviation of 0.0568, standard deviation of 0.0917, and Coefficient Of Variation of (1,551) to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0015, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Short are expected to decrease at a much lower rate. During the bear market, Dreyfus Short is likely to outperform the market.

Auto-correlation

    
  0.90  

Excellent predictability

Dreyfus Short Intermediate has excellent predictability. Overlapping area represents the amount of predictability between Dreyfus Short time series from 31st of July 2023 to 11th of April 2024 and 11th of April 2024 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 Short Interm price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Dreyfus Short price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.82
Residual Average0.0
Price Variance0.02

Dreyfus Short Interm lagged returns against current returns

Autocorrelation, which is Dreyfus Short 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 Short's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Short returns to help us make a trade decision. For example, suppose you find that Dreyfus Short 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 Short 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 Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Short 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 Short mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Dreyfus Short Lagged Returns

When evaluating Dreyfus Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Short mutual fund have on its future price. Dreyfus Short 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 Short autocorrelation shows the relationship between Dreyfus Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Short Intermediate.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Dreyfus Mutual Fund

Dreyfus Short 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 Short security.
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