The Dreyfus Price To Earning vs. Price To Book
DRTCX Fund | USD 20.72 0.01 0.05% |
For The Dreyfus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of The Dreyfus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Dreyfus Sustainable utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between The Dreyfus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Dreyfus Sustainable over time as well as its relative position and ranking within its peers.
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The Dreyfus Sustainable Price To Book vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining The Dreyfus's current stock value. Our valuation model uses many indicators to compare The Dreyfus value to that of its competitors to determine the firm's financial worth. The Dreyfus Sustainable 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 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for The Dreyfus Sustainable is roughly 6.54 . 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 The Dreyfus' earnings, one of the primary drivers of an investment's value.The Price To Book 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.
The Dreyfus |
| = | 17.20 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
The Dreyfus |
| = | 2.63 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
The Price To Book Comparison
Dreyfus Sustainable is currently under evaluation in price to book among similar funds.
The Dreyfus Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in The Dreyfus, profitability is also one of the essential criteria for including it into their portfolios because, without profit, The Dreyfus will eventually generate negative long term returns. The profitability progress is the general direction of The Dreyfus' change in net profit over the period of time. It can combine multiple indicators of The Dreyfus, 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 equity securities of U.S. companies that demonstrate attractive investment attributes and sustainable business practices and have no material unresolvable environmental, social and governance issues. It invests principally in common stocks.
The Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on The Dreyfus. 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 The Dreyfus 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 The Dreyfus' important profitability drivers and their relationship over time.
Use The Dreyfus 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 The Dreyfus 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 The Dreyfus will appreciate offsetting losses from the drop in the long position's value.The Dreyfus Pair Trading
The Dreyfus Sustainable Pair Trading Analysis
The ability to find closely correlated positions to The Dreyfus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace The Dreyfus 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 The Dreyfus - 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 The Dreyfus Sustainable to buy it.
The correlation of The Dreyfus 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 The Dreyfus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Dreyfus Sustainable 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 The Dreyfus 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 The Dreyfus position
In addition to having The Dreyfus 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 Airlines Thematic Idea Now
Airlines
Domestic and international airlines and airline services. The Airlines theme has 37 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 Airlines Theme or any other thematic opportunities.
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Other Information on Investing in The Mutual Fund
To fully project The Dreyfus' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of The Dreyfus Sustainable 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 The Dreyfus' income statement, its balance sheet, and the statement of cash flows.
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