Dreyfus Amt-free One Year Return vs. Last Dividend Paid

DMBIX Fund  USD 13.44  0.01  0.07%   
Based on the measurements of profitability obtained from Dreyfus Amt-free's financial statements, Dreyfus Amt Free Municipal may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Dreyfus Amt-free's ability to earn profits and add value for shareholders.
For Dreyfus Amt-free profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dreyfus Amt-free to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dreyfus Amt Free Municipal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dreyfus Amt-free's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dreyfus Amt Free Municipal over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Dreyfus Amt-free's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus Amt-free is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus Amt-free's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Dreyfus Amt Free Last Dividend Paid vs. One Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus Amt-free's current stock value. Our valuation model uses many indicators to compare Dreyfus Amt-free value to that of its competitors to determine the firm's financial worth.
Dreyfus Amt Free Municipal is one of the top funds in one year return among similar funds. It also is one of the top funds in last dividend paid among similar funds . The ratio of One Year Return to Last Dividend Paid for Dreyfus Amt Free Municipal is about  249.04 . 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 Amt-free's earnings, one of the primary drivers of an investment's value.

Dreyfus Last Dividend Paid vs. One Year Return

One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Dreyfus Amt-free

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
7.47 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.

Dreyfus Amt-free

Last Dividend

 = 

Last Profit Distribution Amount

Total Shares

 = 
0.03
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.

Dreyfus Last Dividend Paid Comparison

Dreyfus Amt is currently under evaluation in last dividend paid among similar funds.

Dreyfus Amt-free Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Dreyfus Amt-free, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dreyfus Amt-free will eventually generate negative long term returns. The profitability progress is the general direction of Dreyfus Amt-free's change in net profit over the period of time. It can combine multiple indicators of Dreyfus Amt-free, 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 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.

Dreyfus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Dreyfus Amt-free. 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 Amt-free 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 Amt-free's important profitability drivers and their relationship over time.

Use Dreyfus Amt-free 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 Amt-free 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 Amt-free will appreciate offsetting losses from the drop in the long position's value.

Dreyfus Amt-free Pair Trading

Dreyfus Amt Free Municipal Pair Trading Analysis

The ability to find closely correlated positions to Dreyfus Amt-free 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 Amt-free 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 Amt-free - 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 Amt Free Municipal to buy it.
The correlation of Dreyfus Amt-free 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 Amt-free moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dreyfus Amt Free 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 Amt-free 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Dreyfus Amt-free position

In addition to having Dreyfus Amt-free 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 Rentals Thematic Idea Now

Rentals
Rentals Theme
Companies providing rental and leasing services to public and business. The Rentals theme has 48 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 Rentals Theme or any other thematic opportunities.
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Other Information on Investing in Dreyfus Mutual Fund

To fully project Dreyfus Amt-free's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dreyfus Amt Free 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 Amt-free's income statement, its balance sheet, and the statement of cash flows.
Potential Dreyfus Amt-free investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Dreyfus Amt-free investors may work on each financial statement separately, they are all related. The changes in Dreyfus Amt-free's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dreyfus Amt-free's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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