Dreyfus Municipal Bond Fund Technical Analysis
| XDMBX Fund | USD 11.83 0.08 0.67% |
As of the 16th of April 2024, Dreyfus Municipal shows the Mean Deviation of 0.2311, coefficient of variation of (1,304), and Standard Deviation of 0.3557. Our technical analysis interface provides you with a way to check existing technical drivers of Dreyfus Municipal Bond, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed thirteen technical drivers for Dreyfus Municipal Bond, which can be compared to its peers. Please confirm Dreyfus Municipal Bond standard deviation and value at risk to decide if Dreyfus Municipal Bond is priced favorably, providing market reflects its regular price of 11.83 per share.
Dreyfus Municipal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dreyfus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DreyfusDreyfus |
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.
Dreyfus Municipal Bond Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Dreyfus Municipal Bond volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dreyfus Municipal Bond Trend Analysis
Use this graph to draw trend lines for Dreyfus Municipal Bond. You can use it to identify possible trend reversals for Dreyfus Municipal as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Dreyfus Municipal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dreyfus Municipal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dreyfus Municipal Bond applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Dreyfus Municipal Bond market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Dreyfus Municipal price change compared to its average price change.About Dreyfus Municipal Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Dreyfus Municipal Bond on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Dreyfus Municipal Bond based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Dreyfus Municipal Bond price pattern first instead of the macroeconomic environment surrounding Dreyfus Municipal Bond. By analyzing Dreyfus Municipal's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Dreyfus Municipal's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Dreyfus Municipal specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dreyfus Municipal April 16, 2024 Technical Indicators
Most technical analysis of Dreyfus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dreyfus from various momentum indicators to cycle indicators. When you analyze Dreyfus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 0.4868 | |||
| Mean Deviation | 0.2311 | |||
| Coefficient Of Variation | (1,304) | |||
| Standard Deviation | 0.3557 | |||
| Variance | 0.1265 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.4768 | |||
| Maximum Drawdown | 2.31 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.4212 | |||
| Skewness | (1.43) | |||
| Kurtosis | 4.93 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dreyfus Municipal Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Dreyfus Municipal Bond information on this page should be used as a complementary analysis to other Dreyfus Municipal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Please note, there is a significant difference between Dreyfus Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.