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DRRIX BNY Mellon Global Real Return - I Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT).

Industry description

The investment seeks total return. 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.

Market Cap

The average market capitalization across the BNY Mellon Global Real Return - I MF is 664.02B. The market cap for tickers in the group ranges from 3.15T to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is MSFT at 3.15T.

Volume

The average weekly volume growth across all stocks in the BNY Mellon Global Real Return - I MF was -9%. For the same stocks of the MF, the average monthly volume growth was -16% and the average quarterly volume growth was -25%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 73
P/E Growth Rating: 49
Price Growth Rating: 29
SMR Rating: 51
Profit Risk Rating: 27
Seasonality Score: -13 (-100 ... +100)
View a ticker or compare two or three
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Tactical Allocation
Address
Advantage Funds, Inc.200 Park AvenueNew York
Phone
N/A
Web
https://im.bnymellon.com
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DRRIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, DRRIX has been closely correlated with ARANX. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if DRRIX jumps, then ARANX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DRRIX
1D Price
Change %
DRRIX100%
-0.74%
ARANX - DRRIX
81%
Closely correlated
-1.00%
ACRIX - DRRIX
80%
Closely correlated
-1.03%
ARAAX - DRRIX
80%
Closely correlated
-1.04%
CRAZX - DRRIX
80%
Closely correlated
-0.61%
CARYX - DRRIX
80%
Closely correlated
-0.60%
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