DMF Forecast


Bullish Case: DMF price has shown consistent improvement over the past two years, with a 14.3% increase year-over-year, indicating strong recovery potential despite a past decade decline. Government initiatives, like the SHGs reforms and DMF funding, bolster its value.


Bearish Case: DMF has a significant likelihood of continued moderate negative returns, with historical return surfaces indicating a propensity for negative outcomes over holding periods of nearly 2 years. The AI price forecast shows a neutral -0.01% return prediction.


Potential Outcomes: DMF Return to Historical Average (30%): There exists a 30% chance for DMF to revert to its mean returns over longer holding periods of over two years.
Extended Negative Returns (50%): Historical data shows a 50% likelihood of DMF price declining further based on the return surface observed.
Moderate Increase in Returns (20%): Positive governmental and environmental changes could drive a 20% chance of modest return increases.


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 28, 2024


BNY Mellon Municipal Income Forecast

DMF      BNY Mellon Municipal Income











Correlated Assets

Assets that tend to move strongly with DMF



VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.98)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.98)


UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (0.98)


UHS Forecast + Options Trading Strategies   UHS  Universal Health Services (0.97)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (0.97)



Uncorrelated Assets

Assets with little price relationship to DMF



REM Forecast + Options Trading Strategies   REM  iShares Mortgage Real Est (0.0)


INSP Forecast + Options Trading Strategies   INSP  Inspire Medical Systems (0.0)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (0.0)


SVOL Forecast + Options Trading Strategies   SVOL  Simplify Volatility Premium (-0.0)


LZ Forecast + Options Trading Strategies   LZ  LegalZoom.com (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against DMF



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.94)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.95)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.95)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.97)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.98)





Become a more profitable investor with AI optimized trading strategies






×

Chat with DMF


 Ask any question about DMF!