Dreyfus Large Mutual Fund Forecast - Simple Exponential Smoothing

DLQIX Fund  USD 15.33  0.01  0.07%   
The Simple Exponential Smoothing forecasted value of Dreyfus Large Cap on the next trading day is expected to be 15.33 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.27. Dreyfus Mutual Fund Forecast is based on your current time horizon.
  
Dreyfus Large simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Dreyfus Large Cap are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Dreyfus Large Cap prices get older.

Dreyfus Large Simple Exponential Smoothing Price Forecast For the 28th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Dreyfus Large Cap on the next trading day is expected to be 15.33 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.33, and the sum of the absolute errors of 10.27.
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 Large's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dreyfus Large Mutual Fund Forecast Pattern

Backtest Dreyfus LargeDreyfus Large Price PredictionBuy or Sell Advice 

Dreyfus Large Forecasted Value

In the context of forecasting Dreyfus Large'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 Large's downside and upside margins for the forecasting period are 12.44 and 18.22, respectively. We have considered Dreyfus Large'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
15.33
15.33
Expected Value
18.22
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Dreyfus Large mutual fund data series using in forecasting. Note that when a statistical model is used to represent Dreyfus Large 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 Criteria115.1735
BiasArithmetic mean of the errors 0.0558
MADMean absolute deviation0.1712
MAPEMean absolute percentage error0.01
SAESum of the absolute errors10.27
This simple exponential smoothing model begins by setting Dreyfus Large Cap forecast for the second period equal to the observation of the first period. In other words, recent Dreyfus Large observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Dreyfus Large

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 Large Cap. 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.
Hype
Prediction
LowEstimatedHigh
12.4415.3318.22
Details
Intrinsic
Valuation
LowRealHigh
12.9715.8618.75
Details

Other Forecasting Options for Dreyfus Large

For every potential investor in Dreyfus, whether a beginner or expert, Dreyfus Large'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 Large's price trends.

Dreyfus Large 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 Large mutual fund to make a market-neutral strategy. Peer analysis of Dreyfus Large could also be used in its relative valuation, which is a method of valuing Dreyfus Large by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Dreyfus Large Cap 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 Large'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 Large's current price.

Dreyfus Large Market Strength Events

Market strength indicators help investors to evaluate how Dreyfus Large 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 Large shares will generate the highest return on investment. By undertsting and applying Dreyfus Large mutual fund market strength indicators, traders can identify Dreyfus Large Cap entry and exit signals to maximize returns.

Dreyfus Large Risk Indicators

The analysis of Dreyfus Large'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 Large'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 Large 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 Large security.
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