Dreyfus Floating Rate Fund Price on November 21, 2024
| DFLYX Fund | USD 11.19 0.01 0.09% |
Below is the normalized historical share price chart for Dreyfus Floating Rate extending back to September 27, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dreyfus Floating stands at 11.19, as last reported on the 28th of November, with the highest price reaching 11.19 and the lowest price hitting 11.19 during the day.
If you're considering investing in Dreyfus Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Dreyfus Mutual Fund to be very steady. Dreyfus Floating Rate secures Sharpe Ratio (or Efficiency) of 0.59, which denotes the fund had a 0.59% return per unit of standard deviation over the last 3 months. We have found twenty technical indicators for Dreyfus Floating Rate, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus Floating's Standard Deviation of 0.0677, mean deviation of 0.0532, and Coefficient Of Variation of 164.17 to check if the risk estimate we provide is consistent with the expected return of 0.0403%.
Dreyfus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Dreyfus |
Sharpe Ratio = 0.5876
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Based on monthly moving average Dreyfus Floating is performing at about 46% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dreyfus Floating by adding it to a well-diversified portfolio.
Dreyfus Floating Valuation on November 21, 2024
It is possible to determine the worth of Dreyfus Floating on a given historical date. On November 21, 2024 Dreyfus was worth 11.16 at the beginning of the trading date compared to the closed value of 11.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dreyfus Floating mutual fund. Still, in general, we apply an absolute valuation method to find Dreyfus Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dreyfus Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dreyfus Floating's related companies.
| Open | High | Low | Close | Volume | |
| 11.15 | 11.15 | 11.15 | 11.15 | 1.00 | |
11/21/2024 | 11.16 | 11.16 | 11.16 | 11.16 | 1.00 |
| 11.17 | 11.17 | 11.17 | 11.17 | 1.00 |
| Backtest Dreyfus Floating | | | Dreyfus Floating History | | | Dreyfus Floating Valuation | Previous | Next |
Dreyfus Floating Trading Date Momentum on November 21, 2024
| On November 22 2024 Dreyfus Floating Rate was traded for 11.17 at the closing time. The highest daily price throughout the period was 11.17 and the lowest price was 11.17 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.09% . The overall trading delta to current closing price is 0.27% . |
Dreyfus Floating Rate Fundamentals Correlations and Trends
By evaluating Dreyfus Floating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dreyfus Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dreyfus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dreyfus Floating Mutual Fund history
Dreyfus Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dreyfus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dreyfus Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dreyfus Floating stock prices may prove useful in developing a viable investing in Dreyfus Floating
To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in floating rate loans and other floating rate securities. These investments effectively should enable the fund to achieve a floating rate of income. The funds sub-adviser, Alcentra NY, LLC, normally focuses on senior secured floating rate loans, which are loans secured by specific collateral of the borrower and are senior to most other securities of the borrower in the event of bankruptcy.
Dreyfus Floating Mutual Fund Technical Analysis
Dreyfus Floating technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Dreyfus Floating Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Dreyfus Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Dreyfus Floating November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Dreyfus Floating mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dreyfus Floating shares will generate the highest return on investment. By undertsting and applying Dreyfus Floating mutual fund market strength indicators, traders can identify Dreyfus Floating Rate entry and exit signals to maximize returns
Dreyfus Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dreyfus Floating's price direction in advance. Along with the technical and fundamental analysis of Dreyfus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dreyfus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.3636 | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | 0.021 | |||
| Treynor Ratio | 3.72 |
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Other Information on Investing in Dreyfus Mutual Fund
Dreyfus Floating 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 Floating security.
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