Dreyfus Floating Rate Fund Manager Performance Evaluation
| DFLYX Fund | USD 11.19 0.01 0.09% |
The fund shows a Beta (market volatility) of -0.0183, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Floating are expected to decrease at a much lower rate. During the bear market, Dreyfus Floating is likely to outperform the market.
Risk-Adjusted Performance
45 of 100
Weak | Strong |
Excellent
Compared to the overall equity markets, risk-adjusted returns on investments in Dreyfus Floating Rate are ranked lower than 45 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Dreyfus Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.7300 |
Dreyfus |
Dreyfus Floating Relative Risk vs. Return Landscape
If you would invest 1,091 in Dreyfus Floating Rate on September 1, 2024 and sell it today you would earn a total of 28.00 from holding Dreyfus Floating Rate or generate 2.57% return on investment over 90 days. Dreyfus Floating Rate is currently producing 0.0396% returns and takes up 0.0681% volatility of returns over 90 trading days. Put another way, 0% 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 Floating Current Valuation
Fairly Valued
Today
Please note that Dreyfus Floating's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Dreyfus Floating Rate shows a prevailing Real Value of $11.16 per share. The current price of the fund is $11.19. We determine the value of Dreyfus Floating Rate 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 Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dreyfus Mutual Fund. However, Dreyfus Floating'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 11.19 | Real 11.16 | Hype 11.19 | Naive 11.21 |
The intrinsic value of Dreyfus Floating'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 Floating'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 Floating Rate 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 Floating more accurately as focusing exclusively on Dreyfus Floating's fundamentals will not take into account other important factors: Dreyfus Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Dreyfus Floating Rate, and traders can use it to determine the average amount a Dreyfus Floating'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 = 0.5815
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| DFLYX |
Based on monthly moving average Dreyfus Floating is performing at about 45% 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 Fundamentals Growth
Dreyfus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Dreyfus Floating, and Dreyfus Floating 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 | 809.41 M | ||||
About Dreyfus Floating Performance
Evaluating Dreyfus Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Dreyfus Floating 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 Floating 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.
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.Things to note about Dreyfus Floating Rate performance evaluation
Checking the ongoing alerts about Dreyfus Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Dreyfus Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Dreyfus is showing solid risk-adjusted performance over 90 days | |
| The fund retains about 9.08% of its assets under management (AUM) in cash |
- Analyzing Dreyfus Floating'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 Floating's stock is overvalued or undervalued compared to its peers.
- Examining Dreyfus Floating'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 Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dreyfus Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Dreyfus Floating's mutual fund. These opinions can provide insight into Dreyfus Floating's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |