Dreyfus New York Fund Price on March 23, 2023
DNYIX Fund | USD 13.55 0.04 0.30% |
Below is the normalized historical share price chart for Dreyfus New York extending back to December 15, 2008. 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 New stands at 13.55, as last reported on the 23rd of December, with the highest price reaching 13.55 and the lowest price hitting 13.55 during the day.
If you're considering investing in Dreyfus Mutual Fund, it is important to understand the factors that can impact its price. Dreyfus New York secures Sharpe Ratio (or Efficiency) of -0.0773, which denotes the fund had a -0.0773% return per unit of standard deviation over the last 3 months. Dreyfus New York exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dreyfus New's Mean Deviation of 0.1794, standard deviation of 0.2722, and Coefficient Of Variation of (1,247) 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.
Dreyfus |
Sharpe Ratio = -0.0773
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Estimated Market Risk
0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
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 Valuation on March 23, 2023
It is possible to determine the worth of Dreyfus New on a given historical date. On March 23, 2023 Dreyfus was worth 12.8 at the beginning of the trading date compared to the closed value of 12.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dreyfus New mutual fund. Still, in general, we apply an absolute valuation method to find Dreyfus New'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 New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dreyfus New's related companies.
Open | High | Low | Close | Volume | |
12.79 | 12.79 | 12.79 | 12.79 | 1.00 | |
03/23/2023 | 12.80 | 12.80 | 12.80 | 12.80 | 1.00 |
12.84 | 12.84 | 12.84 | 12.84 | 1.00 |
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Dreyfus New Trading Date Momentum on March 23, 2023
On March 24 2023 Dreyfus New York was traded for 12.84 at the closing time. The highest daily price throughout the period was 12.84 and the lowest price was 12.84 . There was no trading activity during the period 1.0. Lack of trading volume on 03/24/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.31% . The overall trading delta to current closing price is 0.94% . |
Dreyfus New York Fundamentals Correlations and Trends
By evaluating Dreyfus New'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 New'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 New Mutual Fund history
Dreyfus New 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 New York 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 New stock prices may prove useful in developing a viable investing in Dreyfus New
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, New York State and New York City income taxes and the federal alternative minimum tax. It invests at least 70 percent of its assets in municipal bonds rated, at the time of purchase, investment grade or the unrated equivalent as determined by the funds sub-adviser. The fund is non-diversified.
Dreyfus New Mutual Fund Technical Analysis
Dreyfus New 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.
Price Boundaries
Dreyfus New Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Dreyfus New York 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 New December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Dreyfus New 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 New shares will generate the highest return on investment. By undertsting and applying Dreyfus New mutual fund market strength indicators, traders can identify Dreyfus New York entry and exit signals to maximize returns
Dreyfus New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dreyfus New'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.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | 0.9308 |
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Volume Indicators |
Other Information on Investing in Dreyfus Mutual Fund
Dreyfus New 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 New security.
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |