Dreyfus Global Real Fund Manager Performance Evaluation
| DRRAX Fund | USD 15.35 0.10 0.66% |
The fund shows a Beta (market volatility) of -0.0138, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dreyfus Global are expected to decrease at a much lower rate. During the bear market, Dreyfus Global is likely to outperform the market.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Dreyfus Global Real are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Dreyfus Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Drax Partners with LSU to Support Sustainable Forestry, Renewable Energy - Yahoo Finance | 03/12/2024 |
2 | Drax community fund donates to four Northampton organisations - Northampton Chronicle and Echo | 04/15/2024 |
| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 1.1600 |
Dreyfus |
Dreyfus Global Relative Risk vs. Return Landscape
If you would invest 1,487 in Dreyfus Global Real on January 24, 2024 and sell it today you would earn a total of 48.00 from holding Dreyfus Global Real or generate 3.23% return on investment over 90 days. Dreyfus Global Real is currently producing 0.0522% returns and takes up 0.4327% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Dreyfus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Dreyfus Global Current Valuation
Fairly Valued
Today
Please note that Dreyfus Global's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Dreyfus Global Real shows a prevailing Real Value of $15.33 per share. The current price of the fund is $15.35. We determine the value of Dreyfus Global Real from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Our valuation method for Dreyfus Global Real is useful when determining the fair value of the Dreyfus mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Dreyfus Global. Since Dreyfus Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dreyfus Mutual Fund. However, Dreyfus Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 15.35 | Real 15.33 | Hype 15.34 |
The real value of Dreyfus Mutual Fund, also known as its intrinsic value, is the underlying worth of Dreyfus Global Real Mutual Fund, which is reflected in its stock price. It is based on Dreyfus Global's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Dreyfus Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Dreyfus Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Dreyfus Global Real helps investors to forecast how Dreyfus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Dreyfus Global more accurately as focusing exclusively on Dreyfus Global's fundamentals will not take into account other important factors: Dreyfus Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Dreyfus Global Real, and traders can use it to determine the average amount a Dreyfus Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1206
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| Cash | DRRAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Dreyfus Global is performing at about 9% 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 Global by adding it to a well-diversified portfolio.
Dreyfus Global Fundamentals Growth
Dreyfus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Dreyfus Global, and Dreyfus Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Dreyfus Mutual Fund performance.
| Price To Earning | 20.04 X | ||||
| Price To Book | 2.15 X | ||||
| Price To Sales | 1.82 X | ||||
| Total Asset | 41.99 M | ||||
About Dreyfus Global Performance
To evaluate Dreyfus Global Real Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Dreyfus Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Dreyfus Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Dreyfus Global Real market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Dreyfus's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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. The fund allocates its investments among global equities, bonds and cash, and, generally to a lesser extent, other asset classes, including real estate, commodities, currencies and alternative or non-traditional asset classes and strategies, primarily those accessed through derivative instruments.Things to note about Dreyfus Global Real performance evaluation
Checking the ongoing alerts about Dreyfus Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Dreyfus Global Real help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Drax community fund donates to four Northampton organisations - Northampton Chronicle and Echo | |
| The fund generated three year return of 0.0% | |
| Dreyfus Global Real retains about 8.32% of its assets under management (AUM) in cash |
- Analyzing Dreyfus Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Dreyfus Global's stock is overvalued or undervalued compared to its peers.
- Examining Dreyfus Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Dreyfus Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dreyfus Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Dreyfus Global's mutual fund. These opinions can provide insight into Dreyfus Global's potential for growth and whether the stock is currently undervalued or overvalued.
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.