Dreyfus Technology Growth Fund Manager Performance Evaluation
| DTGRX Fund | USD 65.19 0.65 1.01% |
The fund shows a Beta (market volatility) of 1.01, which means a somewhat significant risk relative to the market. Dreyfus Technology returns are very sensitive to returns on the market. As the market goes up or down, Dreyfus Technology is expected to follow.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Dreyfus Technology Growth are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Dreyfus Technology showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 30th of December 2022 | |
| Expense Ratio | 1.2200 |
DREYFUS |
Dreyfus Technology Relative Risk vs. Return Landscape
If you would invest 5,699 in Dreyfus Technology Growth on September 3, 2024 and sell it today you would earn a total of 820.00 from holding Dreyfus Technology Growth or generate 14.39% return on investment over 90 days. Dreyfus Technology Growth is currently producing 0.2168% returns and takes up 1.1481% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than DREYFUS, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Dreyfus Technology Current Valuation
Overvalued
Today
Please note that Dreyfus Technology's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Dreyfus Technology Growth shows a prevailing Real Value of $57.04 per share. The current price of the fund is $65.19. We determine the value of Dreyfus Technology Growth 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.
Since Dreyfus Technology is currently traded on the exchange, buyers and sellers on that exchange determine the market value of DREYFUS Mutual Fund. However, Dreyfus Technology'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 65.19 | Real 57.04 | Hype 65.19 | Naive 64.84 |
The intrinsic value of Dreyfus Technology'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 Technology'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 Technology Growth 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 Technology more accurately as focusing exclusively on Dreyfus Technology's fundamentals will not take into account other important factors: Dreyfus Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreyfus Technology's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Dreyfus Technology Growth, and traders can use it to determine the average amount a Dreyfus Technology'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 = 0.1888
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DTGRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Dreyfus Technology is performing at about 14% 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 Technology by adding it to a well-diversified portfolio.
Dreyfus Technology Fundamentals Growth
DREYFUS Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Dreyfus Technology, and Dreyfus Technology 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 | 27.98 X | ||||
| Price To Book | 5.79 X | ||||
| Price To Sales | 4.76 X | ||||
| Total Asset | 282.07 M | ||||
About Dreyfus Technology Performance
Evaluating Dreyfus Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Dreyfus Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Dreyfus Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in the stocks of growth companies of any size that the sub-adviser believes to be leading producers or beneficiaries of technological innovation. Up to 25 percent of the funds assets may be invested in foreign securities. In choosing stocks, the funds portfolio managers looks for technology companies with the potential for strong earnings or revenue growth rates.Things to note about Dreyfus Technology Growth performance evaluation
Checking the ongoing alerts about Dreyfus Technology for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Dreyfus Technology Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 5.55% of its assets under management (AUM) in cash |
- Analyzing Dreyfus Technology'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 Technology's stock is overvalued or undervalued compared to its peers.
- Examining Dreyfus Technology'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 Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dreyfus Technology's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Dreyfus Technology's mutual fund. These opinions can provide insight into Dreyfus Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in DREYFUS Mutual Fund
Dreyfus Technology 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 Technology security.
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