Dreyfus International Mutual Fund Forecast - 8 Period Moving Average

DIEYX Fund  USD 39.35  0.03  0.08%   
The 8 Period Moving Average forecasted value of Dreyfus International Equity on the next trading day is expected to be 39.59 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 20.33. Dreyfus Mutual Fund Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Dreyfus International is based on an artificially constructed time series of Dreyfus International daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Dreyfus International 8 Period Moving Average Price Forecast For the 16th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Dreyfus International Equity on the next trading day is expected to be 39.59 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.20, and the sum of the absolute errors of 20.33.
Please note that although there have been many attempts to predict Dreyfus Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Dreyfus International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dreyfus International Mutual Fund Forecast Pattern

Backtest Dreyfus InternationalDreyfus International Price PredictionBuy or Sell Advice 

Dreyfus International Forecasted Value

In the context of forecasting Dreyfus International's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Dreyfus International's downside and upside margins for the forecasting period are 38.81 and 40.38, respectively. We have considered Dreyfus International's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
39.35
39.59
Expected Value
40.38
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Dreyfus International mutual fund data series using in forecasting. Note that when a statistical model is used to represent Dreyfus International mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria101.8218
BiasArithmetic mean of the errors 0.1839
MADMean absolute deviation0.3836
MAPEMean absolute percentage error0.0097
SAESum of the absolute errors20.3325
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Dreyfus International Equity 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Dreyfus International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dreyfus International. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dreyfus International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
38.5439.3340.12
Details
Intrinsic
Valuation
LowRealHigh
38.8339.6240.41
Details
Bollinger
Band Projection (param)
LowMiddleHigh
39.1639.5639.97
Details

Other Forecasting Options for Dreyfus International

For every potential investor in Dreyfus, whether a beginner or expert, Dreyfus International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dreyfus Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dreyfus. Basic forecasting techniques help filter out the noise by identifying Dreyfus International's price trends.

Dreyfus International Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dreyfus International mutual fund to make a market-neutral strategy. Peer analysis of Dreyfus International could also be used in its relative valuation, which is a method of valuing Dreyfus International by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Dreyfus International Technical and Predictive Analytics

The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Dreyfus International's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Dreyfus International's current price.

Dreyfus International Market Strength Events

Market strength indicators help investors to evaluate how Dreyfus International mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dreyfus International shares will generate the highest return on investment. By undertsting and applying Dreyfus International mutual fund market strength indicators, traders can identify Dreyfus International Equity entry and exit signals to maximize returns.

Dreyfus International Risk Indicators

The analysis of Dreyfus International's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dreyfus International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dreyfus mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 International 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 International security.
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