Dreyfus Active Financial Statements From 2010 to 2024
| DNLCX Fund | USD 49.12 0.08 0.16% |
Check Dreyfus Active financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dreyfus main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Dreyfus financial statements analysis is a perfect complement when working with Dreyfus Active Valuation or Volatility modules.
Dreyfus |
Dreyfus Active Midcap Mutual Fund Year To Date Return Analysis
Dreyfus Active'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.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Dreyfus Active Year To Date Return | 3.53 % |
Most of Dreyfus Active'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, Dreyfus Active Midcap 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 |
According to the company's disclosures, Dreyfus Active Midcap has a Year To Date Return of 3.5284%. This is much higher than that of the BNY Mellon family and significantly higher than that of the Mid-Cap Blend category. The year to date return for all United States funds is notably lower than that of the firm.
Dreyfus Active Midcap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus Active's current stock value. Our valuation model uses many indicators to compare Dreyfus Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dreyfus Active competition to find correlations between indicators driving Dreyfus Active's intrinsic value. More Info.Dreyfus Active Midcap is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Dreyfus Active Midcap is roughly 6.97 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dreyfus Active by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dreyfus Active'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 Dreyfus Active's earnings, one of the primary drivers of an investment's value.About Dreyfus Active Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dreyfus Active income statement, its balance sheet, and the statement of cash flows. Dreyfus Active investors use historical funamental indicators, such as Dreyfus Active's revenue or net income, to determine how well the company is positioned to perform in the future. Although Dreyfus Active investors may use each financial statement separately, they are all related. The changes in Dreyfus Active's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dreyfus Active's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dreyfus Active Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dreyfus Active. Please read more on 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 the stocks of midsize companies. The advisor currently defines midsize companies as companies included in the Russell Midcap Index, the funds benchmark index. Its portfolio managers apply a systematic, quantitative investment approach designed to identify and exploit relative misvaluations primarily within mid-cap stocks in the U.S. stock market. The fund typically will hold between 100 and 250 securities.
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 Dreyfus Active 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, Dreyfus Active's short interest history, or implied volatility extrapolated from Dreyfus Active options trading.
Pair Trading with Dreyfus Active
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 Dreyfus Active 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 Dreyfus Active will appreciate offsetting losses from the drop in the long position's value.Moving together with Dreyfus Mutual Fund
| 0.61 | DHGCX | Dreyfusstandish Global | PairCorr |
| 0.69 | DHGAX | Dreyfusstandish Global | PairCorr |
| 0.76 | DHMBX | Dreyfus High Yield | PairCorr |
| 0.72 | DHYCX | Dreyfus High Yield | PairCorr |
| 0.75 | DHYAX | Dreyfus High Yield | PairCorr |
The ability to find closely correlated positions to Dreyfus Active could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dreyfus Active 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 Dreyfus Active - 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 Dreyfus Active Midcap to buy it.
The correlation of Dreyfus Active 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 Dreyfus Active moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dreyfus Active Midcap 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 Dreyfus Active 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.Check out the analysis of Dreyfus Active Correlation against competitors. Note that the Dreyfus Active Midcap information on this page should be used as a complementary analysis to other Dreyfus Active'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.