Dreyfus Government Cash Fund Market Value

DVPXX Fund  USD 1.00  0.00  0.00%   
Dreyfus Government's market value is the price at which a share of Dreyfus Government trades on a public exchange. It measures the collective expectations of Dreyfus Government Cash investors about its performance. Dreyfus Government is trading at 1.0 as of the 6th of January 2025; that is No Change since the beginning of the trading day. The fund's open price was 1.0.
With this module, you can estimate the performance of a buy and hold strategy of Dreyfus Government Cash and determine expected loss or profit from investing in Dreyfus Government over a given investment horizon. Check out Dreyfus Government Correlation, Dreyfus Government Volatility and Dreyfus Government Alpha and Beta module to complement your research on Dreyfus Government.
Symbol

Please note, there is a significant difference between Dreyfus Government's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus Government is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus Government'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 Government '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 Government's money market 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 Government.
0.00
01/17/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/06/2025
0.00
If you would invest  0.00  in Dreyfus Government on January 17, 2023 and sell it all today you would earn a total of 0.00 from holding Dreyfus Government Cash or generate 0.0% return on investment in Dreyfus Government over 720 days. Dreyfus Government is related to or competes with Pabrai Wagons, Qs Us, Rbc Microcap, Kirr Marbach, Ab New, and Arrow Managed. Dreyfus Government is entity of United States More

Dreyfus Government 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 Government's money market 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 Government Cash upside and downside potential and time the market with a certain degree of confidence.

Dreyfus Government Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Government's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreyfus Government's standard deviation. In reality, there are many statistical measures that can use Dreyfus Government historical prices to predict the future Dreyfus Government'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 Government'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
0.871.001.13
Details
Intrinsic
Valuation
LowRealHigh
0.901.031.16
Details

Dreyfus Government Cash Backtested Returns

At this stage we consider Dreyfus Money Market Fund to be not too volatile. Dreyfus Government Cash secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for Dreyfus Government Cash, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus Government's Coefficient Of Variation of 812.4, mean deviation of 0.0301, and Standard Deviation of 0.1243 to check if the risk estimate we provide is consistent with the expected return of 0.016%. The fund shows a Beta (market volatility) of -0.0217, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Government are expected to decrease at a much lower rate. During the bear market, Dreyfus Government is likely to outperform the market.

Auto-correlation

    
  0.74  

Good predictability

Dreyfus Government Cash has good predictability. Overlapping area represents the amount of predictability between Dreyfus Government time series from 17th of January 2023 to 12th of January 2024 and 12th of January 2024 to 6th 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 Government Cash price movement. The serial correlation of 0.74 indicates that around 74.0% of current Dreyfus Government price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.95
Residual Average0.0
Price Variance0.0

Dreyfus Government Cash lagged returns against current returns

Autocorrelation, which is Dreyfus Government money market 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 Government's money market fund expected returns. We can calculate the autocorrelation of Dreyfus Government returns to help us make a trade decision. For example, suppose you find that Dreyfus Government has exhibited high autocorrelation historically, and you observe that the money market 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 Government 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 Government money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreyfus Government money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dreyfus Government money market fund over time.
   Current vs Lagged Prices   
       Timeline  

Dreyfus Government Lagged Returns

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

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Other Information on Investing in Dreyfus Money Market Fund

Dreyfus Government financial ratios help investors to determine whether Dreyfus Money Market 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 Government security.
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