Dreyfus Midcap Index Fund Quote
| DMIDX Fund | USD 28.52 0.05 0.18% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Dreyfus Midcap is trading at 28.52 as of the 19th of April 2024; that is -0.18 percent decrease since the beginning of the trading day. The fund's open price was 28.57. Dreyfus Midcap has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Dreyfus Midcap Index are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of January 2024 and ending today, the 19th of April 2024. Click here to learn more.
To pursue its goal, the fund generally is fully invested in stocks included in the SP MidCap 400 Index and in futures whose performance is tied to the index. BNY Mellon is traded on NASDAQ Exchange in the United States. More on Dreyfus Midcap Index
Moving together with Dreyfus Mutual Fund
| 0.74 | DIMIX | Dreyfus Short Interm | PairCorr |
| 0.65 | SDGIX | Dreyfusstandish Global | PairCorr |
| 0.72 | SDSCX | Dreyfusthe Boston Pany | PairCorr |
| 0.73 | DLDYX | Dreyfus Natural Resources | PairCorr |
| 0.88 | DLHRX | Dreyfus High Yield | PairCorr |
| 0.86 | DLQIX | Dreyfus Large Cap | PairCorr |
Dreyfus Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dreyfus Midcap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dreyfus Midcap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Dreyfus Funds, Large Funds, Mid-Cap Blend Funds, Mid-Cap Blend, Dreyfus (View all Sectors) |
| Update Date | 31st of March 2024 |
Dreyfus Midcap Index [DMIDX] is traded in USA and was established 19th of April 2024. Dreyfus Midcap is listed under Dreyfus category by Fama And French industry classification. The fund is listed under Mid-Cap Blend category and is part of Dreyfus family. This fund currently has accumulated 3.69 B in assets under management (AUM) with minimum initial investment of 1 K. Dreyfus Midcap Index is currently producing year-to-date (YTD) return of 4.65% with the current yeild of 0.01%, while the total return for the last 3 years was 4.05%.
Check Dreyfus Midcap Probability Of Bankruptcy
Instrument Allocation
Top Dreyfus Midcap Index Mutual Fund Constituents
| RMD | ResMed Inc | Stock | Health Care |
| MPWR | Monolithic Power Systems | Stock | Information Technology |
| ZBRA | Zebra Technologies | Stock | Information Technology |
| TFX | Teleflex Incorporated | Stock | Health Care |
| DRE | Duke Realty | Stock | REIT—Industrial |
| TECH | Bio Techne Corp | Stock | Health Care |
| WSM | Williams Sonoma | Stock | Consumer Discretionary |
Dreyfus Midcap Target Price Odds Analysis
Based on a normal probability distribution, the odds of Dreyfus Midcap jumping above the current price in 90 days from now is about 70.79%. The Dreyfus Midcap Index probability density function shows the probability of Dreyfus Midcap mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Dreyfus Midcap has a beta of 0.1431 suggesting as returns on the market go up, Dreyfus Midcap average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dreyfus Midcap Index will be expected to be much smaller as well. Additionally, dreyfus Midcap Index has an alpha of 0.022, implying that it can generate a 0.022 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Dreyfus Midcap to move above the current price in 90 days from now is about 70.79 (This Dreyfus Midcap Index probability density function shows the probability of Dreyfus Mutual Fund to fall within a particular range of prices over 90 days) .
Dreyfus Midcap Index Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dreyfus Midcap market risk premium is the additional return an investor will receive from holding Dreyfus Midcap long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dreyfus Midcap. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Dreyfus Midcap's alpha and beta are two of the key measurements used to evaluate Dreyfus Midcap's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7113 | |||
| Semi Deviation | 0.9669 | |||
| Standard Deviation | 0.9392 | |||
| Variance | 0.8821 |
Dreyfus Midcap Against Markets
Picking the right benchmark for Dreyfus Midcap mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dreyfus Midcap mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dreyfus Midcap is critical whether you are bullish or bearish towards Dreyfus Midcap Index at a given time. Please also check how Dreyfus Midcap's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dreyfus Midcap without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Dreyfus Mutual Fund?
Before investing in Dreyfus Midcap, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dreyfus Midcap. To buy Dreyfus Midcap fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dreyfus Midcap. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dreyfus Midcap fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dreyfus Midcap Index fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dreyfus Midcap Index fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Dreyfus Midcap Index, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Dreyfus Midcap Index?
The danger of trading Dreyfus Midcap Index is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dreyfus Midcap is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dreyfus Midcap. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dreyfus Midcap Index is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dreyfus Midcap Index. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Dreyfus Midcap Index information on this page should be used as a complementary analysis to other Dreyfus Midcap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.