Dreyfus Tax Financials
DPTAX Fund | USD 38.24 0.12 0.31% |
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 Tax Fund Summary
Dreyfus Tax competes with Massmutual Premier, Us Global, Wasatch Global, Barings Global, and Kinetics Global. To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in common stocks and employs a tax-managed strategy, which is an approach to managing a fund that seeks to minimize capital gains tax liabilities. The fund focuses on blue chip companies with market capitalizations exceeding 5 billion at the time of purchase, including multinational companies.Specialization | Large Growth, Large Blend |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | DreyfusLaurel Funds |
Mutual Fund Family | BNY Mellon |
Mutual Fund Category | Large Growth |
Benchmark | Dow Jones Industrial |
Phone | 800 373 9387 |
Currency | USD - US Dollar |
Dreyfus Tax Key Financial Ratios
Dreyfus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus Tax's current stock value. Our valuation model uses many indicators to compare Dreyfus Tax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dreyfus Tax competition to find correlations between indicators driving Dreyfus Tax's intrinsic value. More Info.Dreyfus Tax Managed is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Dreyfus Tax Managed is roughly 6.05 . 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 Tax's earnings, one of the primary drivers of an investment's value.Dreyfus Tax Managed Systematic Risk
Dreyfus Tax's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dreyfus Tax 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Dreyfus Tax Managed correlated with the market. If Beta is less than 0 Dreyfus Tax generally moves in the opposite direction as compared to the market. If Dreyfus Tax Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dreyfus Tax Managed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dreyfus Tax is generally in the same direction as the market. If Beta > 1 Dreyfus Tax moves generally in the same direction as, but more than the movement of the benchmark.
Dreyfus Tax November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Dreyfus Tax help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dreyfus Tax Managed. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dreyfus Tax Managed 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 Tax's daily price indicators and compare them against related drivers.
Downside Deviation | 0.8492 | |||
Information Ratio | (0.13) | |||
Maximum Drawdown | 3.49 | |||
Value At Risk | (1.57) | |||
Potential Upside | 1.19 |
Other Information on Investing in Dreyfus Mutual Fund
Dreyfus Tax 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 Tax security.
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