Dreyfus California Amt Free Fund Net Asset
| DRCAX Fund | USD 13.73 0.01 0.07% |
Dreyfus California Amt Free fundamentals help investors to digest information that contributes to Dreyfus California's financial success or failures. It also enables traders to predict the movement of Dreyfus Mutual Fund. The fundamental analysis module provides a way to measure Dreyfus California's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dreyfus California mutual fund.
Dreyfus |
Dreyfus California Amt Free Mutual Fund Net Asset Analysis
Dreyfus California's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Dreyfus California Net Asset | 625.96 M |
Most of Dreyfus California's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dreyfus California Amt Free is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Dreyfus California Amt Free has a Net Asset of 625.96 M. This is much higher than that of the BNY Mellon family and significantly higher than that of the Muni California Long category. The net asset for all United States funds is notably lower than that of the firm.
Dreyfus Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dreyfus California's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Dreyfus California could also be used in its relative valuation, which is a method of valuing Dreyfus California by comparing valuation metrics of similar companies.Dreyfus California is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Dreyfus California
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides Dreyfus California's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Dreyfus Fundamentals
| Price To Earning | 15.78 X | ||||
| Total Asset | 498.58 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 2.59 % | ||||
| One Year Return | 6.53 % | ||||
| Three Year Return | (0.68) % | ||||
| Five Year Return | 0.76 % | ||||
| Ten Year Return | 3.95 % | ||||
| Net Asset | 625.96 M | ||||
| Minimum Initial Investment | 1 K | ||||
| Last Dividend Paid | 0.03 | ||||
| Bond Positions Weight | 100.00 % |
About Dreyfus California Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dreyfus California Amt Free's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dreyfus California using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dreyfus California Amt Free based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Dreyfus Mutual Fund
Dreyfus California financial ratios help investors to determine whether Dreyfus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dreyfus with respect to the benefits of owning Dreyfus California security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |