Dreyfus New York Fund Price To Earning
DRNYXDelisted Fund | USD 13.53 0.00 0.00% |
Dreyfus New York fundamentals help investors to digest information that contributes to Dreyfus New's financial success or failures. It also enables traders to predict the movement of Dreyfus Mutual Fund. The fundamental analysis module provides a way to measure Dreyfus New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dreyfus New mutual fund.
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Dreyfus New York Mutual Fund Price To Earning Analysis
Dreyfus New's 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.
Current Dreyfus New Price To Earning | 15.51 X |
Most of Dreyfus New's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dreyfus New York is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Dreyfus New York has a Price To Earning of 15.51 times. This is much higher than that of the BNY Mellon family and significantly higher than that of the Muni New York Intermediate category. The price to earning for all United States funds is notably lower than that of the firm.
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Fund Asset Allocation for Dreyfus New
The fund consists of 98.47% investments in fixed income securities, with the rest of funds allocated in cash.Asset allocation divides Dreyfus New's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Dreyfus Fundamentals
Price To Earning | 15.51 X | |||
Annual Yield | 0.01 % | |||
Year To Date Return | 0.16 % | |||
One Year Return | 3.36 % | |||
Three Year Return | (1.17) % | |||
Five Year Return | 0.83 % | |||
Ten Year Return | 3.35 % | |||
Net Asset | 777.8 M | |||
Minimum Initial Investment | 2.5 K | |||
Last Dividend Paid | 0.03 | |||
Cash Position Weight | 1.53 % | |||
Bond Positions Weight | 98.47 % |
About Dreyfus New Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dreyfus New York's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dreyfus New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dreyfus New York based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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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