Dreyfus Technology Growth Fund Fundamentals
| DGVRX Fund | USD 79.88 0.79 1.00% |
Dreyfus Technology Growth fundamentals help investors to digest information that contributes to Dreyfus Technology's financial success or failures. It also enables traders to predict the movement of Dreyfus Mutual Fund. The fundamental analysis module provides a way to measure Dreyfus Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dreyfus Technology mutual fund.
Dreyfus |
Dreyfus Technology Growth Mutual Fund Year To Date Return Analysis
Dreyfus Technology's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Dreyfus Technology Year To Date Return | 27.31 % |
Most of Dreyfus Technology's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dreyfus Technology Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
According to the company's disclosures, Dreyfus Technology Growth has a Year To Date Return of 27.3149%. This is 153.38% higher than that of the Dreyfus family and significantly higher than that of the Technology category. The year to date return for all United States funds is notably lower than that of the firm.
Dreyfus Technology Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus Technology's current stock value. Our valuation model uses many indicators to compare Dreyfus Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dreyfus Technology competition to find correlations between indicators driving Dreyfus Technology's intrinsic value. More Info.Dreyfus Technology Growth 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 0.21 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Dreyfus Technology Growth is roughly 4.73 . 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 Technology's earnings, one of the primary drivers of an investment's value.Dreyfus Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dreyfus Technology's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Dreyfus Technology could also be used in its relative valuation, which is a method of valuing Dreyfus Technology by comparing valuation metrics of similar companies.Dreyfus Technology is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Dreyfus Technology
The fund invests 99.12% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.88%) .Asset allocation divides Dreyfus Technology's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Dreyfus Fundamentals
| Price To Earning | 28.08 X | ||||
| Price To Book | 5.94 X | ||||
| Price To Sales | 5.01 X | ||||
| Total Asset | 482.51 M | ||||
| Year To Date Return | 27.31 % | ||||
| One Year Return | 36.88 % | ||||
| Three Year Return | 1.13 % | ||||
| Five Year Return | 17.49 % | ||||
| Ten Year Return | 16.00 % | ||||
| Net Asset | 352.51 M | ||||
| Minimum Initial Investment | 1 K | ||||
| Cash Position Weight | 0.88 % | ||||
| Equity Positions Weight | 99.12 % |
About Dreyfus Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dreyfus Technology Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dreyfus Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dreyfus Technology Growth based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in the stocks of growth companies of any size that the sub-adviser believes to be leading producers or beneficiaries of technological innovation. Up to 25 percent of the funds assets may be invested in foreign securities. In choosing stocks, the funds portfolio managers looks for technology companies with the potential for strong earnings or revenue growth rates.
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Dreyfus Technology 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 Technology security.
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