Dreyfus Municipal Bond Fund Buy Hold or Sell Recommendation
XDMBX Fund | USD 12.28 0.01 0.08% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Dreyfus Municipal Bond is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Dreyfus Municipal Bond given historical horizon and risk tolerance towards Dreyfus Municipal. When Macroaxis issues a 'buy' or 'sell' recommendation for Dreyfus Municipal Bond, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Dreyfus Municipal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Dreyfus and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Dreyfus Municipal Bond. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Dreyfus |
Execute Dreyfus Municipal Buy or Sell Advice
The Dreyfus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dreyfus Municipal Bond. Macroaxis does not own or have any residual interests in Dreyfus Municipal Bond or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dreyfus Municipal's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Dreyfus Municipal Returns Distribution Density
The distribution of Dreyfus Municipal's historical returns is an attempt to chart the uncertainty of Dreyfus Municipal's future price movements. The chart of the probability distribution of Dreyfus Municipal daily returns describes the distribution of returns around its average expected value. We use Dreyfus Municipal Bond price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dreyfus Municipal returns is essential to provide solid investment advice for Dreyfus Municipal.
Mean Return | 0.01 | Value At Risk | -0.72 | Potential Upside | 0.57 | Standard Deviation | 0.46 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dreyfus Municipal historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Dreyfus Municipal Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dreyfus Municipal or Muni National Long sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dreyfus Municipal's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dreyfus fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.19 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | -0.27 |
Dreyfus Municipal Volatility Alert
Dreyfus Municipal Bond exhibits relatively low volatility with skewness of -1.48 and kurtosis of 7.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dreyfus Municipal's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dreyfus Municipal's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Dreyfus Municipal Fundamentals Vs Peers
Comparing Dreyfus Municipal's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dreyfus Municipal's direct or indirect competition across all of the common fundamentals between Dreyfus Municipal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dreyfus Municipal or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Dreyfus Municipal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Dreyfus Municipal by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Dreyfus Municipal to competition |
Fundamentals | Dreyfus Municipal | Peer Average |
Last Dividend Paid | 0.053 | 0.65 |
Dreyfus Municipal Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Dreyfus . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 12.28 | |||
Day Typical Price | 12.28 | |||
Price Action Indicator | 0.005 | |||
Period Momentum Indicator | 0.01 | |||
Relative Strength Index | 40.21 |
About Dreyfus Municipal Buy or Sell Advice
When is the right time to buy or sell Dreyfus Municipal Bond? Buying financial instruments such as Dreyfus Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Dreyfus Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
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Other Information on Investing in Dreyfus Mutual Fund
Dreyfus Municipal 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 Municipal security.
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