Dreyfus Intermediate Price To Earning vs. Year To Date Return
DITEX Fund | USD 12.76 0.02 0.16% |
For Dreyfus Intermediate profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dreyfus Intermediate to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dreyfus Intermediate Municipal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dreyfus Intermediate's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dreyfus Intermediate Municipal over time as well as its relative position and ranking within its peers.
Dreyfus |
Dreyfus Intermediate Year To Date Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus Intermediate's current stock value. Our valuation model uses many indicators to compare Dreyfus Intermediate value to that of its competitors to determine the firm's financial worth. Dreyfus Intermediate Municipal is one of the top funds in price to earning among similar funds. It also is one of the top funds in year to date return among similar funds creating about 0.07 of Year To Date Return per Price To Earning. The ratio of Price To Earning to Year To Date Return for Dreyfus Intermediate Municipal is roughly 13.54 . 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 Intermediate's earnings, one of the primary drivers of an investment's value.Dreyfus Year To Date Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Dreyfus Intermediate |
| = | 17.98 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Dreyfus Intermediate |
| = | 1.33 % |
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.
Dreyfus Year To Date Return Comparison
Dreyfus Intermediate is currently under evaluation in year to date return among similar funds.
Dreyfus Intermediate Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dreyfus Intermediate, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dreyfus Intermediate will eventually generate negative long term returns. The profitability progress is the general direction of Dreyfus Intermediate's change in net profit over the period of time. It can combine multiple indicators of Dreyfus Intermediate, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its 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. The fund may invest up to 20 percent of its assets in municipal bonds rated, at the time of purchase, below A, including bonds rated below investment grade or the unrated equivalent as determined by the adviser.
Dreyfus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dreyfus Intermediate. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Dreyfus Intermediate position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Dreyfus Intermediate's important profitability drivers and their relationship over time.
Use Dreyfus Intermediate in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dreyfus Intermediate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dreyfus Intermediate will appreciate offsetting losses from the drop in the long position's value.Dreyfus Intermediate Pair Trading
Dreyfus Intermediate Municipal Pair Trading Analysis
The ability to find closely correlated positions to Dreyfus Intermediate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dreyfus Intermediate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dreyfus Intermediate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dreyfus Intermediate Municipal to buy it.
The correlation of Dreyfus Intermediate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dreyfus Intermediate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dreyfus Intermediate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dreyfus Intermediate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Dreyfus Intermediate position
In addition to having Dreyfus Intermediate 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Dreyfus Mutual Fund
To fully project Dreyfus Intermediate's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dreyfus Intermediate at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Dreyfus Intermediate's income statement, its balance sheet, and the statement of cash flows.
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