International Stock Fund Fundamentals

DISCX Fund  USD 24.28  0.11  0.46%   
International Stock Fund fundamentals help investors to digest information that contributes to International Stock's financial success or failures. It also enables traders to predict the movement of International Mutual Fund. The fundamental analysis module provides a way to measure International Stock'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 International Stock mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

International Year To Date Return Analysis

International Stock's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Year To Date Return | All Equity Analysis

Current International Stock Year To Date Return

    
  5.34 %  
Most of International Stock's fundamental indicators, such as Year To Date Return, 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, International Stock Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Competition

International Stock Year To Date Return Component Assessment

According to the company's disclosures, International Stock Fund has a Year To Date Return of 5.3409%. This is much higher than that of the BNY Mellon family and significantly higher than that of the Foreign Large Growth category. The year to date return for all United States funds is notably lower than that of the firm.

International Stock Fund Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining International Stock's current stock value. Our valuation model uses many indicators to compare International Stock value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across International Stock competition to find correlations between indicators driving International Stock's intrinsic value. More Info.
International Stock Fund is one of the top funds in three year return among similar funds. It is one of the top funds in ten year return among similar funds reporting about  2.92  of Ten Year Return per Three Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value International Stock by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for International Stock's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the International Stock's earnings, one of the primary drivers of an investment's value.

International Cash Position Weight Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses International Stock's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of International Stock could also be used in its relative valuation, which is a method of valuing International Stock by comparing valuation metrics of similar companies.
International Stock is currently under evaluation in cash position weight among similar funds.

Fund Asset Allocation for International Stock

The fund invests 99.22% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.78%) .
Asset allocation divides International Stock'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.

International Fundamentals

About International Stock Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze International Stock Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of International Stock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of International Stock Fund 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.
To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in stocks. It normally invests primarily in foreign companies located in the developed markets. Examples of developed markets are Canada, Japan, Australia, Hong Kong and Western Europe. The fund ordinarily invests in at least three countries and is not geographically limited in its investment selection but, at times, may invest a substantial portion of its assets in a single country.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards International Stock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, International Stock's short interest history, or implied volatility extrapolated from International Stock options trading.

Pair Trading with International Stock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Stock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Stock will appreciate offsetting losses from the drop in the long position's value.

Moving together with International Mutual Fund

  0.63DHGCX Dreyfusstandish GlobalPairCorr
  0.72DHGAX Dreyfusstandish GlobalPairCorr
  0.86AVGCX Dynamic Total ReturnPairCorr
  0.85DHMBX Dreyfus High YieldPairCorr
  0.87AVGAX Dynamic Total ReturnPairCorr
The ability to find closely correlated positions to International Stock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Stock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Stock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Stock Fund to buy it.
The correlation of International Stock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Stock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Stock Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for International Stock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out International Stock Piotroski F Score and International Stock Altman Z Score analysis.
Note that the International Stock Fund information on this page should be used as a complementary analysis to other International Stock'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for International Mutual Fund analysis

When running International Stock's price analysis, check to measure International Stock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Stock is operating at the current time. Most of International Stock's value examination focuses on studying past and present price action to predict the probability of International Stock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Stock's price. Additionally, you may evaluate how the addition of International Stock to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between International Stock's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Stock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Stock'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.