Dreyfus New York Manager Performance

DRNYXDelisted Fund  USD 13.53  0.00  0.00%   
The fund shows a Beta (market volatility) of -0.0331, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus New are expected to decrease at a much lower rate. During the bear market, Dreyfus New is likely to outperform the market.

Risk-Adjusted Performance

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Over the last 90 days Dreyfus New York has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Dreyfus New is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date30th of September 2022
Expense Ratio0.7800
  

Dreyfus New Relative Risk vs. Return Landscape

If you would invest  1,353  in Dreyfus New York on August 29, 2024 and sell it today you would earn a total of  0.00  from holding Dreyfus New York or generate 0.0% return on investment over 90 days. Dreyfus New York is currently producing negative expected returns and takes up 0.0% 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.
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Dreyfus New Current Valuation

Overvalued
Today
13.53
Please note that Dreyfus New's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Dreyfus New York shows a prevailing Real Value of $12.5 per share. The current price of the fund is $13.53. We determine the value of Dreyfus New York 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 New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dreyfus Mutual Fund. However, Dreyfus New'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  13.53 Real  12.5 Hype  13.53 Naive  13.5
The intrinsic value of Dreyfus New'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 New'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.
12.50
Real Value
14.88
Upside
Estimating the potential upside or downside of Dreyfus New York 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 New more accurately as focusing exclusively on Dreyfus New's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.3213.4613.60
Details
Hype
Prediction
LowEstimatedHigh
13.5313.5313.53
Details
Naive
Forecast
LowNext ValueHigh
13.5013.5013.50
Details

Dreyfus New Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus New's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Dreyfus New York, and traders can use it to determine the average amount a Dreyfus New'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 = 0.0

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DRNYX
Based on monthly moving average Dreyfus New is not performing at its full potential. However, 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 New by adding Dreyfus New to a well-diversified portfolio.

Dreyfus New Fundamentals Growth

Dreyfus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Dreyfus New, and Dreyfus New 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.

About Dreyfus New Performance

Evaluating Dreyfus New's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Dreyfus New 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 New 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.
The investment seeks as high a level of current income exempt from federal, New York state and New York city income taxes as is consistent with the preservation of capital. BNY Mellon is traded on NASDAQ Exchange in the United States.

Things to note about Dreyfus New York performance evaluation

Checking the ongoing alerts about Dreyfus New for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Dreyfus New York help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Dreyfus New York is not yet fully synchronised with the market data
Dreyfus New York has a very high chance of going through financial distress in the upcoming years
The fund generated three year return of -1.0%
Dreyfus New York retains about 98.47% of its assets under management (AUM) in fixed income securities
Evaluating Dreyfus New's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Dreyfus New's mutual fund performance include:
  • Analyzing Dreyfus New'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 New's stock is overvalued or undervalued compared to its peers.
  • Examining Dreyfus New'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 New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dreyfus New's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Dreyfus New's mutual fund. These opinions can provide insight into Dreyfus New's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Dreyfus New's mutual fund performance is not an exact science, and many factors can impact Dreyfus New's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Consideration for investing in Dreyfus Mutual Fund

If you are still planning to invest in Dreyfus New York check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Dreyfus New's history and understand the potential risks before investing.
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