Dreyfus Municipal Bond Fund Price on December 6, 2024

DMBYX Fund  USD 12.08  0.00  0.00%   
Below is the normalized historical share price chart for Dreyfus Municipal Bond extending back to September 01, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dreyfus Municipal stands at 12.08, as last reported on the 29th of December, with the highest price reaching 12.08 and the lowest price hitting 12.08 during the day.
 
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If you're considering investing in Dreyfus Mutual Fund, it is important to understand the factors that can impact its price. Dreyfus Municipal Bond secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the fund had a -0.1% return per unit of standard deviation over the last 3 months. Dreyfus Municipal Bond exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dreyfus Municipal's Coefficient Of Variation of (1,298), standard deviation of 0.2857, and Mean Deviation of 0.1862 to check the risk estimate we provide.
  
Dreyfus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1014

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Estimated Market Risk

 0.29
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dreyfus Municipal 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 Municipal by adding Dreyfus Municipal to a well-diversified portfolio.

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Dreyfus Municipal Valuation on December 6, 2024

It is possible to determine the worth of Dreyfus Municipal on a given historical date. On December 6, 2024 Dreyfus was worth 12.36 at the beginning of the trading date compared to the closed value of 12.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dreyfus Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Dreyfus Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dreyfus Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dreyfus Municipal's related companies.
 Open High Low Close Volume
  12.35    12.35    12.35    12.35    1.00  
12/06/2024
  12.36    12.36    12.36    12.36    1.00  
  12.35    12.35    12.35    12.35    1.00  
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Open Value
12.36
12.36
Closing Value
13.22
Upside

Dreyfus Municipal Trading Date Momentum on December 6, 2024

On December 09 2024 Dreyfus Municipal Bond was traded for  12.35  at the closing time. The highest daily price throughout the period was 12.35  and the lowest price was  12.35 . There was no trading activity during the period 1.0. Lack of trading volume on 12/09/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.08% . The overall trading delta to current closing price is 1.21% .

Dreyfus Municipal Bond Fundamentals Correlations and Trends

By evaluating Dreyfus Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dreyfus Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dreyfus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dreyfus Municipal Mutual Fund history

Dreyfus Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dreyfus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dreyfus Municipal Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dreyfus Municipal stock prices may prove useful in developing a viable investing in Dreyfus Municipal
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. It invests at least 70 percent of its net assets in municipal bonds rated, at the time of purchase, investment grade or the unrated equivalent as determined by the adviser.

Dreyfus Municipal Mutual Fund Technical Analysis

Dreyfus Municipal technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Dreyfus Municipal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dreyfus Municipal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dreyfus Municipal Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dreyfus Municipal Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Dreyfus Municipal December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Dreyfus Municipal mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dreyfus Municipal shares will generate the highest return on investment. By undertsting and applying Dreyfus Municipal mutual fund market strength indicators, traders can identify Dreyfus Municipal Bond entry and exit signals to maximize returns

Dreyfus Municipal Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dreyfus Municipal's price direction in advance. Along with the technical and fundamental analysis of Dreyfus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dreyfus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Dreyfus Mutual Fund

Dreyfus Municipal 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 Municipal security.
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