Dreyfus High Financials
DHYAX Fund | USD 11.07 0.01 0.09% |
Dreyfus |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Dreyfus High Fund Summary
Dreyfus High competes with Dreyfusstandish Global, Dreyfusstandish Global, Dreyfus High, Dreyfus High, and Dreyfus High. To pursue its goals, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal personal income tax. The dollar-weighted average maturity of the funds portfolio normally exceeds ten years, but the fund may invest without regard to maturity.Specialization | High Yield Muni, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | Dreyfus Municipal Funds |
Mutual Fund Family | BNY Mellon |
Mutual Fund Category | High Yield Muni |
Benchmark | Dow Jones Industrial |
Phone | 800 373 9387 |
Currency | USD - US Dollar |
Dreyfus High Key Financial Ratios
Dreyfus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus High's current stock value. Our valuation model uses many indicators to compare Dreyfus High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dreyfus High competition to find correlations between indicators driving Dreyfus High's intrinsic value. More Info.Dreyfus High Yield is rated below average in annual yield among similar funds. It also is rated below average in year to date return among similar funds creating about 2,447 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dreyfus High's earnings, one of the primary drivers of an investment's value.Dreyfus High Yield Systematic Risk
Dreyfus High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dreyfus High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Dreyfus High Yield correlated with the market. If Beta is less than 0 Dreyfus High generally moves in the opposite direction as compared to the market. If Dreyfus High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dreyfus High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dreyfus High is generally in the same direction as the market. If Beta > 1 Dreyfus High moves generally in the same direction as, but more than the movement of the benchmark.
Dreyfus High November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Dreyfus High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dreyfus High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dreyfus High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Dreyfus Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dreyfus High's daily price indicators and compare them against related drivers.
Downside Deviation | 0.526 | |||
Information Ratio | (0.35) | |||
Maximum Drawdown | 2.18 | |||
Value At Risk | (0.54) | |||
Potential Upside | 0.4509 |
Other Information on Investing in Dreyfus Mutual Fund
Dreyfus High 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 High security.
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