Dreyfus Global Real Fund Quote
| DRRAX Fund | USD 15.39 0.02 0.13% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Dreyfus Global is trading at 15.39 as of the 24th of April 2024; that is -0.13 percent down since the beginning of the trading day. The fund's open price was 15.41. Dreyfus Global has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Dreyfus Global Real are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of June 2023 and ending today, the 24th of April 2024. Click here to learn more.
The fund uses an actively-managed multi-asset strategy to produce absolute or real returns with less volatility than major equity markets over a complete market cycle, typically a period of five years. Rather than managing to track a benchmark index, it seeks to provide returns that are largely independent of market moves. More on Dreyfus Global Real
Moving together with Dreyfus Mutual Fund
| 0.71 | DHMBX | Dreyfus High Yield | PairCorr |
| 0.63 | DHYCX | Dreyfus High Yield | PairCorr |
| 0.91 | DIEAX | Dreyfus International | PairCorr |
| 0.92 | DIISX | Dreyfus International | PairCorr |
Dreyfus Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dreyfus Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dreyfus Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | BNY Mellon Funds, Large Growth Funds, Tactical Allocation Funds, Tactical Allocation, BNY Mellon (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Dreyfus Global Real [DRRAX] is traded in USA and was established 24th of April 2024. Dreyfus Global is listed under BNY Mellon category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of BNY Mellon family. This fund currently has accumulated 2.42 B in assets under management (AUM) with no minimum investment requirementsDreyfus Global Real is currently producing year-to-date (YTD) return of 3.09%, while the total return for the last 3 years was -0.07%.
Check Dreyfus Global Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Dreyfus Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Dreyfus Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Dreyfus Global Real Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Dreyfus Global Real Mutual Fund Constituents
| NOVN | Novan Inc | Stock | Health Care |
| WOLTF | Wolters Kluwer NV | Pink Sheet | Specialty Business Services |
| GDX | VanEck Gold Miners | Etf | Equity Precious Metals |
| MA | Mastercard | Stock | Financials |
| VIV | Telefonica Brasil SA | Stock | Communication Services |
| SAP | SAP SE ADR | Stock | Information Technology |
| PRU | Prudential Financial | Stock | Financials |
Dreyfus Global Target Price Odds Analysis
Based on a normal probability distribution, the odds of Dreyfus Global jumping above the current price in 90 days from now is about 31.62%. The Dreyfus Global Real probability density function shows the probability of Dreyfus Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Dreyfus Global has a beta of 0.5582 suggesting as returns on the market go up, Dreyfus Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dreyfus Global Real will be expected to be much smaller as well. Additionally, dreyfus Global Real has an alpha of 0.0034, implying that it can generate a 0.003448 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Dreyfus Global to move above the current price in 90 days from now is about 31.62 (This Dreyfus Global Real probability density function shows the probability of Dreyfus Mutual Fund to fall within a particular range of prices over 90 days) .
Dreyfus Global Real Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dreyfus Global market risk premium is the additional return an investor will receive from holding Dreyfus Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dreyfus Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Dreyfus Global's alpha and beta are two of the key measurements used to evaluate Dreyfus Global's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3177 | |||
| Semi Deviation | 0.3579 | |||
| Standard Deviation | 0.4227 | |||
| Variance | 0.1787 |
Dreyfus Global Against Markets
Picking the right benchmark for Dreyfus Global mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dreyfus Global mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dreyfus Global is critical whether you are bullish or bearish towards Dreyfus Global Real at a given time. Please also check how Dreyfus Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dreyfus Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Dreyfus Mutual Fund?
Before investing in Dreyfus Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dreyfus Global. To buy Dreyfus Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dreyfus Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dreyfus Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dreyfus Global Real fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dreyfus Global Real fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Dreyfus Global Real, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Dreyfus Global Real?
The danger of trading Dreyfus Global Real is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dreyfus Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dreyfus Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dreyfus Global Real is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dreyfus Global Real. 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 nation. Note that the Dreyfus Global Real information on this page should be used as a complementary analysis to other Dreyfus Global'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.