Dreyfus Amt Free Municipal Fund Manager Performance Evaluation
| DMUAX Fund | USD 13.54 0.02 0.15% |
The fund shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Amt-free are expected to decrease at a much lower rate. During the bear market, Dreyfus Amt-free is likely to outperform the market.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Dreyfus Amt Free Municipal are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Dreyfus Amt-free is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
...more1 | BNY Mellon AMT-Free Municipal Bond Fund Q2 2024 Commentary - Seeking Alpha | 09/12/2024 |
| Expense Ratio Date | 3rd of January 2023 | |
| Expense Ratio | 0.7000 |
Dreyfus |
Dreyfus Amt-free Relative Risk vs. Return Landscape
If you would invest 1,339 in Dreyfus Amt Free Municipal on September 1, 2024 and sell it today you would earn a total of 15.00 from holding Dreyfus Amt Free Municipal or generate 1.12% return on investment over 90 days. Dreyfus Amt Free Municipal is currently producing 0.018% returns and takes up 0.2402% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Dreyfus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Dreyfus Amt-free Current Valuation
Overvalued
Today
Please note that Dreyfus Amt-free's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Dreyfus Amt Free shows a prevailing Real Value of $13.04 per share. The current price of the fund is $13.54. We determine the value of Dreyfus Amt Free from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Dreyfus Amt-free is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dreyfus Mutual Fund. However, Dreyfus Amt-free's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.54 | Real 13.04 | Hype 13.54 | Naive 13.52 |
The intrinsic value of Dreyfus Amt-free's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Dreyfus Amt-free's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Dreyfus Amt Free Municipal helps investors to forecast how Dreyfus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Dreyfus Amt-free more accurately as focusing exclusively on Dreyfus Amt-free's fundamentals will not take into account other important factors: Dreyfus Amt-free Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Amt-free's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Dreyfus Amt Free Municipal, and traders can use it to determine the average amount a Dreyfus Amt-free's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0748
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DMUAX |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Dreyfus Amt-free is performing at about 5% 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 Amt-free by adding it to a well-diversified portfolio.
Dreyfus Amt-free Fundamentals Growth
Dreyfus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Dreyfus Amt-free, and Dreyfus Amt-free fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Dreyfus Mutual Fund performance.
| Total Asset | 460.65 M | ||||
About Dreyfus Amt-free Performance
Evaluating Dreyfus Amt-free's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Dreyfus Amt-free has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Dreyfus Amt-free has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 and the federal alternative minimum tax. The fund invests at least 65 percent of its net assets in municipal bonds rated, at the time of purchase, A or higher or the unrated equivalent as determined by Insight North America LLC, the funds sub-adviser.Things to note about Dreyfus Amt Free performance evaluation
Checking the ongoing alerts about Dreyfus Amt-free for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Dreyfus Amt Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of 0.0% | |
| Dreyfus Amt Free retains most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Dreyfus Amt-free's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Dreyfus Amt-free's stock is overvalued or undervalued compared to its peers.
- Examining Dreyfus Amt-free's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Dreyfus Amt-free's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dreyfus Amt-free's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Dreyfus Amt-free's mutual fund. These opinions can provide insight into Dreyfus Amt-free's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Dreyfus Mutual Fund
Dreyfus Amt-free 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 Amt-free security.
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