Dreyfus Midcap Index Fund Quote
| DMIDX Fund | USD 29.27 0.01 0.03% |
Performance7 of 100
| Odds Of DistressLess than 20
|
Dreyfus Midcap is trading at 29.27 as of the 25th of April 2024; that is 0.03 percent increase since the beginning of the trading day. The fund's open price was 29.26. Dreyfus Midcap has about a 20 % 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 6th of May 2022 and ending today, the 25th 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. It generally invests in all of the stocks in the SP MidCap 400 Index in proportion to their weighting in the index. More on Dreyfus Midcap Index
Moving together with Dreyfus Mutual Fund
| 0.64 | SSETX | Dreyfusthe Boston Pany | PairCorr |
| 0.95 | DLACX | Dreyfus Large Cap | PairCorr |
| 0.7 | SDSCX | Dreyfusthe Boston Pany | PairCorr |
| 0.73 | DLDYX | Dreyfus Natural Resources | PairCorr |
| 0.95 | 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 25th 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 2.4% with the current yeild of 0.01%, while the total return for the last 3 years was 2.98%.
Check Dreyfus Midcap Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Dreyfus Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Dreyfus Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Dreyfus Midcap Index Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Dreyfus Midcap Index Mutual Fund Constituents
| SEDG | SolarEdge Technologies | Stock | Information Technology |
| DPZ | Dominos Pizza | Stock | Consumer Discretionary |
| Y | Alleghany | Stock | Insurance—Property & Casualty |
| TDY | Teledyne Technologies Incorporated | Stock | Industrials |
| JKHY | Jack Henry Associates | Stock | Financials |
| WRB | W R Berkley | Stock | Financials |
| STE | STERIS plc | Stock | Health Care |
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 39.51%. 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 the mutual fund has a beta coefficient of 1.3179 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Dreyfus Midcap will likely underperform. Additionally, dreyfus Midcap Index has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Dreyfus Midcap to move above the current price in 90 days from now is about 39.51 (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 | 0.7292 | |||
| Semi Deviation | 0.9544 | |||
| Standard Deviation | 0.9459 | |||
| Variance | 0.8948 |
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
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| All Next | Launch Module |
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.