Dreyfus Municipal Bond Fund Manager Performance Evaluation
| PTEBX Fund | USD 12.03 0.01 0.08% |
The fund shows a Beta (market volatility) of 0.0912, which means not very significant fluctuations relative to the market. As returns on the market increase, Dreyfus Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dreyfus Municipal is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Dreyfus Municipal Bond are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental drivers, Dreyfus Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of September 2022 | |
| Expense Ratio | 0.7200 |
Dreyfus |
Dreyfus Municipal Relative Risk vs. Return Landscape
If you would invest 1,201 in Dreyfus Municipal Bond on January 26, 2024 and sell it today you would earn a total of 2.00 from holding Dreyfus Municipal Bond or generate 0.17% return on investment over 90 days. Dreyfus Municipal Bond is currently producing 0.0029% returns and takes up 0.1992% volatility of returns over 90 trading days. Put another way, 1% 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 Municipal Current Valuation
Fairly Valued
Today
Please note that Dreyfus Municipal's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Dreyfus Municipal Bond shows a prevailing Real Value of $11.93 per share. The current price of the fund is $12.03. We determine the value of Dreyfus Municipal Bond 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 Municipal Bond 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 Municipal. Since Dreyfus Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dreyfus Mutual Fund. However, Dreyfus Municipal'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 12.03 | Real 11.93 | Hype 12.03 | Naive 12.08 |
The real value of Dreyfus Mutual Fund, also known as its intrinsic value, is the underlying worth of Dreyfus Municipal Bond Mutual Fund, which is reflected in its stock price. It is based on Dreyfus Municipal's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Dreyfus Municipal'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 Municipal'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 Municipal Bond 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 Municipal more accurately as focusing exclusively on Dreyfus Municipal's fundamentals will not take into account other important factors: Dreyfus Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Dreyfus Municipal Bond, and traders can use it to determine the average amount a Dreyfus Municipal'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 = 0.0144
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PTEBX |
Estimated Market Risk
| 0.2 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
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Dreyfus Municipal 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 Municipal by adding it to a well-diversified portfolio.
Dreyfus Municipal Fundamentals Growth
Dreyfus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Dreyfus Municipal, and Dreyfus Municipal 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.
| Total Asset | 153.36 M | ||||
About Dreyfus Municipal Performance
To evaluate Dreyfus Municipal Bond 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 Municipal 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 Municipal Bond 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 normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal personal income tax. It invests at least 70 percent of its net assets in municipal bonds rated, at the time of purchase, investment grade or the unrated equivalent as determined by the adviser.Things to note about Dreyfus Municipal Bond performance evaluation
Checking the ongoing alerts about Dreyfus Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Dreyfus Municipal Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Dreyfus Municipal Bond maintains most of the assets in different exotic instruments. |
- Analyzing Dreyfus Municipal'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 Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Dreyfus Municipal'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 Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dreyfus Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Dreyfus Municipal's mutual fund. These opinions can provide insight into Dreyfus Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Dreyfus Municipal Bond. 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 bureau of labor statistics. Note that the Dreyfus Municipal Bond information on this page should be used as a complementary analysis to other Dreyfus Municipal'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.