Dreyfus New Financials
PNYCX Fund | USD 13.75 0.04 0.29% |
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 New Fund Summary
Dreyfus New competes with Ab High, Needham Aggressive, Pace High, Alliancebernstein, and Artisan High. 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, New York State and New York City income taxes and the federal alternative minimum tax. It invests at least 70 percent of its assets in municipal bonds rated, at the time of purchase, investment grade or the unrated equivalent as determined by the funds sub-adviser. The fund is non-diversified.Specialization | Muni New York Intermediate, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | Dreyfus New York |
Mutual Fund Family | BNY Mellon |
Mutual Fund Category | Muni New York Intermediate |
Benchmark | Dow Jones Industrial |
Phone | 800 373 9387 |
Currency | USD - US Dollar |
Dreyfus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus New's current stock value. Our valuation model uses many indicators to compare Dreyfus New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dreyfus New competition to find correlations between indicators driving Dreyfus New's intrinsic value. More Info.Dreyfus New York is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 467.72 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 New's earnings, one of the primary drivers of an investment's value.Dreyfus New York Systematic Risk
Dreyfus New's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dreyfus New 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Dreyfus New York correlated with the market. If Beta is less than 0 Dreyfus New generally moves in the opposite direction as compared to the market. If Dreyfus New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dreyfus New York is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dreyfus New is generally in the same direction as the market. If Beta > 1 Dreyfus New moves generally in the same direction as, but more than the movement of the benchmark.
Dreyfus New November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Dreyfus New help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dreyfus New York. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dreyfus New York 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 New's daily price indicators and compare them against related drivers.
Downside Deviation | 0.3604 | |||
Information Ratio | (0.52) | |||
Maximum Drawdown | 1.39 | |||
Value At Risk | (0.36) | |||
Potential Upside | 0.2928 |
Other Information on Investing in Dreyfus Mutual Fund
Dreyfus New 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 New security.
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Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |