Dreyfus High Financials

DPLTX Fund  USD 5.24  0.02  0.38%   
Please utilize analysis of Dreyfus High Yield fundamentals to determine if markets are correctly pricing the fund. We were able to interpolate and analyze data for fourteen available fundamental indicators for Dreyfus High Yield, which can be compared to its peers. The fund experiences a normal downward trend and little activity. Check odds of Dreyfus High to be traded at $5.19 in 90 days.
  
Please note that past performance is not an indicator of the future performance of Dreyfus High, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Dreyfus High Fund Summary

Dreyfus High competes with Dreyfusstandish Global, Dreyfusstandish Global, Dreyfus High, Dreyfus High, and Dreyfus High. The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in fixed-income securities that, at the time of purchase, are rated below investment grade or are the unrated equivalent as determined by the funds sub-adviser. In choosing securities, the funds portfolio managers seek to capture the higher yields offered by junk bonds, while managing credit risk and the volatility caused by interest rate movements.
Specialization
High Yield Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS2619807835
Business AddressDreyfus Laurel Funds
Mutual Fund FamilyBNY Mellon
Mutual Fund CategoryHigh Yield Bond
BenchmarkNYSE Composite
Phone800 373 9387
CurrencyUSD - US Dollar
You should never invest in Dreyfus High Yield without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Dreyfus Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Dreyfus High's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.

Dreyfus High Key Financial Ratios

Generally speaking, Dreyfus High's financial ratios allow both analysts and investors to convert raw data from Dreyfus High's financial statements into concise, actionable information that can be used to evaluate the performance of Dreyfus High over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Dreyfus High Yield reports annually and quarterly.

Dreyfus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus High's current stock value. Our valuation model uses many indicators to compare Dreyfus High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dreyfus High competition to find correlations between indicators driving Dreyfus High's intrinsic value. More Info.
Dreyfus High Yield is one of the top funds in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about  5.08  of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dreyfus High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dreyfus High'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 High's earnings, one of the primary drivers of an investment's value.

Dreyfus High Yield Systematic Risk

Dreyfus High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dreyfus High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
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 Beta measures systematic risk based on how returns on Dreyfus High Yield correlated with the market. If Beta is less than 0 Dreyfus High generally moves in the opposite direction as compared to the market. If Dreyfus High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dreyfus High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dreyfus High is generally in the same direction as the market. If Beta > 1 Dreyfus High moves generally in the same direction as, but more than the movement of the benchmark.
Dreyfus High Yield is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 7.04 Billion. Dreyfus High holds roughly 599.44 Million in net asset claiming about 9% of all funds under High Yield Bond category.

Dreyfus High April 19, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dreyfus High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dreyfus High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dreyfus High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Dreyfus Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dreyfus High's daily price indicators and compare them against related drivers.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dreyfus High Yield. 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 estimate.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Please note, there is a significant difference between Dreyfus High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus High'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.