Dreyfus Opportunistic Small Fund Market Value
| DOPIX Fund | USD 31.22 0.05 0.16% |
| Symbol | Dreyfus |
Dreyfus Opportunistic '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 Opportunistic'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 Opportunistic.
| 01/21/2023 |
| 01/10/2025 |
If you would invest 0.00 in Dreyfus Opportunistic on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Dreyfus Opportunistic Small or generate 0.0% return on investment in Dreyfus Opportunistic over 720 days. Dreyfus Opportunistic is related to or competes with Dreyfus Opportunistic, Dreyfus Opportunistic, Nuveen Nwq, Fidelity Advisor, and Fidelity Advisor. To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment ... More
Dreyfus Opportunistic 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 Opportunistic'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 Opportunistic Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.28 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.75 |
Dreyfus Opportunistic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Opportunistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Opportunistic's standard deviation. In reality, there are many statistical measures that can use Dreyfus Opportunistic historical prices to predict the future Dreyfus Opportunistic's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.22) |
Dreyfus Opportunistic Backtested Returns
Dreyfus Opportunistic secures Sharpe Ratio (or Efficiency) of -0.0543, which denotes the fund had a -0.0543% return per unit of standard deviation over the last 3 months. Dreyfus Opportunistic Small exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dreyfus Opportunistic's Mean Deviation of 0.8173, standard deviation of 1.21, and Coefficient Of Variation of (2,956) 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, Dreyfus Opportunistic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfus Opportunistic is expected to be smaller as well.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Dreyfus Opportunistic Small has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dreyfus Opportunistic time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th of January 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 Opportunistic price movement. The serial correlation of -0.2 indicates that over 20.0% of current Dreyfus Opportunistic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.54 |
Dreyfus Opportunistic lagged returns against current returns
Autocorrelation, which is Dreyfus Opportunistic 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 Opportunistic's mutual fund expected returns. We can calculate the autocorrelation of Dreyfus Opportunistic returns to help us make a trade decision. For example, suppose you find that Dreyfus Opportunistic 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 Opportunistic 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 Opportunistic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Opportunistic 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 Opportunistic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dreyfus Opportunistic Lagged Returns
When evaluating Dreyfus Opportunistic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreyfus Opportunistic mutual fund have on its future price. Dreyfus Opportunistic 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 Opportunistic autocorrelation shows the relationship between Dreyfus Opportunistic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dreyfus Opportunistic Small.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Dreyfus Mutual Fund
Dreyfus Opportunistic 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 Opportunistic security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |