Dreyfus High Yield Fund Price on January 29, 2021
| DPLTX Fund | USD 5.24 0.02 0.38% |
Below is the normalized historical share price chart for Dreyfus High Yield extending back to July 29, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dreyfus High stands at 5.24, as last reported on the 18th of April 2024, with the highest price reaching 5.24 and the lowest price hitting 5.24 during the day.
If you're considering investing in Dreyfus Mutual Fund, it is important to understand the factors that can impact its price. We consider Dreyfus High very steady. Dreyfus High Yield secures Sharpe Ratio (or Efficiency) of 0.0159, which denotes the fund had a 0.0159% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for Dreyfus High Yield, which you can use to evaluate the volatility of the entity. Please confirm Dreyfus High's Mean Deviation of 0.1422, standard deviation of 0.2144, and Coefficient Of Variation of (8,055) to check if the risk estimate we provide is consistent with the expected return of 0.0033%.
Dreyfus Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Dreyfus |
Sharpe Ratio = 0.0159
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| Negative Returns | DPLTX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Dreyfus High is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dreyfus High by adding it to a well-diversified portfolio.
Dreyfus High Valuation on January 29, 2021
It is possible to determine the worth of Dreyfus High on a given historical date. On January 29, 2021 Dreyfus was worth 5.77 at the beginning of the trading date compared to the closed value of 5.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dreyfus High mutual fund. Still, in general, we apply an absolute valuation method to find Dreyfus High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dreyfus High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dreyfus High's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 5.77 | 5.77 | 5.08 | 5.08 | 1.00 |
| 5.76 | 5.76 | 5.07 | 5.07 | 1.00 |
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Dreyfus High Trading Date Momentum on January 29, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Dreyfus High Yield Fundamentals Correlations and Trends
By evaluating Dreyfus High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dreyfus High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dreyfus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dreyfus High Mutual Fund history
Dreyfus High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dreyfus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dreyfus High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dreyfus High stock prices may prove useful in developing a viable investing in 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.
Dreyfus High Mutual Fund Technical Analysis
Dreyfus High 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.
Price Boundaries
Dreyfus High Period Price Range
Low | April 4, 2022
| High |
5.77 | 5.08 |
Dreyfus High April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Dreyfus High mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dreyfus High shares will generate the highest return on investment. By undertsting and applying Dreyfus High mutual fund market strength indicators, traders can identify Dreyfus High Yield entry and exit signals to maximize returns
Dreyfus High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dreyfus High's price direction in advance. Along with the technical and fundamental analysis of Dreyfus Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dreyfus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.21) |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.