Dreyfus Tax Managed Fund Manager Performance Evaluation
| DPTRX Fund | USD 37.42 0.33 0.87% |
The fund shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Dreyfus Tax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfus Tax is expected to be smaller as well.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Dreyfus Tax Managed has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more| Expense Ratio | 0.8500 |
Dreyfus |
Dreyfus Tax Relative Risk vs. Return Landscape
If you would invest 4,273 in Dreyfus Tax Managed on September 29, 2024 and sell it today you would lose (531.00) from holding Dreyfus Tax Managed or give up 12.43% of portfolio value over 90 days. Dreyfus Tax Managed is currently producing negative expected returns and takes up 1.7439% volatility of returns over 90 trading days. Put another way, 15% 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. Expected Return |
| Risk |
Dreyfus Tax Current Valuation
Fairly Valued
Today
Please note that Dreyfus Tax's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Dreyfus Tax Managed shows a prevailing Real Value of $38.45 per share. The current price of the fund is $37.42. We determine the value of Dreyfus Tax Managed 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 Tax is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dreyfus Mutual Fund. However, Dreyfus Tax'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 37.42 | Real 38.45 | Hype 37.75 |
The intrinsic value of Dreyfus Tax'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 Tax'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.
Estimating the potential upside or downside of Dreyfus Tax Managed 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 Tax more accurately as focusing exclusively on Dreyfus Tax's fundamentals will not take into account other important factors: Dreyfus Tax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Tax's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Dreyfus Tax Managed, and traders can use it to determine the average amount a Dreyfus Tax'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 = -0.1114
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DPTRX |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dreyfus Tax 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 Tax by adding Dreyfus Tax to a well-diversified portfolio.
Dreyfus Tax Fundamentals Growth
Dreyfus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Dreyfus Tax, and Dreyfus Tax 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.
| Price To Earning | 20.58 X | ||||
| Price To Book | 3.37 X | ||||
| Price To Sales | 2.90 X | ||||
| Total Asset | 164.55 M | ||||
About Dreyfus Tax Performance
Evaluating Dreyfus Tax's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Dreyfus Tax 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 Tax 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.
To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in common stocks and employs a tax-managed strategy, which is an approach to managing a fund that seeks to minimize capital gains tax liabilities. The fund focuses on blue chip companies with market capitalizations exceeding 5 billion at the time of purchase, including multinational companies.Things to note about Dreyfus Tax Managed performance evaluation
Checking the ongoing alerts about Dreyfus Tax for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Dreyfus Tax Managed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Dreyfus Tax Managed generated a negative expected return over the last 90 days | |
| The fund retains 98.3% of its assets under management (AUM) in equities |
- Analyzing Dreyfus Tax'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 Tax's stock is overvalued or undervalued compared to its peers.
- Examining Dreyfus Tax'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 Tax's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dreyfus Tax's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Dreyfus Tax's mutual fund. These opinions can provide insight into Dreyfus Tax's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Dreyfus Mutual Fund
Dreyfus Tax 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 Tax security.
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