Dreyfus Equity Income Fund Market Value

DQIYX Fund  USD 30.58  0.49  1.58%   
Dreyfus Equity's market value is the price at which a share of Dreyfus Equity trades on a public exchange. It measures the collective expectations of Dreyfus Equity Income investors about its performance. Dreyfus Equity is trading at 30.58 as of the 5th of March 2025; that is 1.58% down since the beginning of the trading day. The fund's open price was 31.07.
With this module, you can estimate the performance of a buy and hold strategy of Dreyfus Equity Income and determine expected loss or profit from investing in Dreyfus Equity over a given investment horizon. Check out Dreyfus Equity Correlation, Dreyfus Equity Volatility and Dreyfus Equity Alpha and Beta module to complement your research on Dreyfus Equity.
Symbol

Please note, there is a significant difference between Dreyfus Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus Equity'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 Equity '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 Equity'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 Equity.
0.00
02/03/2025
No Change 0.00  0.0 
In 30 days
03/05/2025
0.00
If you would invest  0.00  in Dreyfus Equity on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Dreyfus Equity Income or generate 0.0% return on investment in Dreyfus Equity over 30 days. Dreyfus Equity is related to or competes with Touchstone Small, Siit Small, Ep Emerging, United Kingdom, Needham Small, and Transamerica International. The investment seeks total return . BNY Mellon is traded on NASDAQ Exchange in the United States. More

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

Dreyfus Equity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Equity's standard deviation. In reality, there are many statistical measures that can use Dreyfus Equity historical prices to predict the future Dreyfus Equity's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfus Equity'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.
Hype
Prediction
LowEstimatedHigh
29.5230.5831.64
Details
Intrinsic
Valuation
LowRealHigh
29.8930.9532.01
Details
Naive
Forecast
LowNextHigh
29.2930.3531.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
30.4931.8033.11
Details

Dreyfus Equity Income Backtested Returns

Dreyfus Equity Income secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the fund had a -0.14 % return per unit of standard deviation over the last 3 months. Dreyfus Equity Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dreyfus Equity's Standard Deviation of 1.05, coefficient of variation of (739.59), and Mean Deviation of 0.7516 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.67, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dreyfus Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfus Equity is expected to be smaller as well.

Auto-correlation

    
  -0.68  

Very good reverse predictability

Dreyfus Equity Income has very good reverse predictability. Overlapping area represents the amount of predictability between Dreyfus Equity time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 Equity Income price movement. The serial correlation of -0.68 indicates that around 68.0% of current Dreyfus Equity price fluctuation can be explain by its past prices.
Correlation Coefficient-0.68
Spearman Rank Test-0.68
Residual Average0.0
Price Variance0.29

Dreyfus Equity Income lagged returns against current returns

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

Dreyfus Equity Lagged Returns

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