Dreyfus Active Mutual Fund Forecast - Naive Prediction
| DNLCX Fund | USD 48.66 0.36 0.73% |
The Naive Prediction forecasted value of Dreyfus Active Midcap on the next trading day is expected to be 47.94 with a mean absolute deviation of 0.88 and the sum of the absolute errors of 53.40. Dreyfus Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Dreyfus Active's share price is below 20 suggesting that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Dreyfus Active hype-based prediction, you can estimate the value of Dreyfus Active Midcap from the perspective of Dreyfus Active response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Dreyfus Active Midcap on the next trading day is expected to be 47.94 with a mean absolute deviation of 0.88 and the sum of the absolute errors of 53.40. Dreyfus Active after-hype prediction price | USD 73.99 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Dreyfus |
Dreyfus Active Additional Predictive Modules
Most predictive techniques to examine Dreyfus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dreyfus using various technical indicators. When you analyze Dreyfus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Dreyfus Active Naive Prediction Price Forecast For the 26th of January
Given 90 days horizon, the Naive Prediction forecasted value of Dreyfus Active Midcap on the next trading day is expected to be 47.94 with a mean absolute deviation of 0.88, mean absolute percentage error of 1.67, and the sum of the absolute errors of 53.40.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 Active's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Dreyfus Active Mutual Fund Forecast Pattern
| Backtest Dreyfus Active | Dreyfus Active Price Prediction | Buy or Sell Advice |
Dreyfus Active Forecasted Value
In the context of forecasting Dreyfus Active'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 Active's downside and upside margins for the forecasting period are 45.24 and 50.64, respectively. We have considered Dreyfus Active'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Dreyfus Active mutual fund data series using in forecasting. Note that when a statistical model is used to represent Dreyfus Active 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.| AIC | Akaike Information Criteria | 118.6207 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.8754 |
| MAPE | Mean absolute percentage error | 0.0206 |
| SAE | Sum of the absolute errors | 53.3997 |
Predictive Modules for Dreyfus Active
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 Active Midcap. 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 Active'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.
Dreyfus Active After-Hype Price Prediction Density Analysis
As far as predicting the price of Dreyfus Active at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Dreyfus Active or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Dreyfus Active, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Dreyfus Active Estimiated After-Hype Price Volatility
In the context of predicting Dreyfus Active's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dreyfus Active's historical news coverage. Dreyfus Active's after-hype downside and upside margins for the prediction period are 43.79 and 76.69, respectively. We have considered Dreyfus Active's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Dreyfus Active is very steady at this time. Analysis and calculation of next after-hype price of Dreyfus Active Midcap is based on 3 months time horizon.
Dreyfus Active Mutual Fund Price Prediction Analysis
Have you ever been surprised when a price of a Mutual Fund such as Dreyfus Active is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dreyfus Active backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Dreyfus Active, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.36 | 2.70 | 35.47 | 0.54 | 3 Events / Month | 1 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
48.66 | 73.99 | 52.06 |
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Dreyfus Active Hype Timeline
Dreyfus Active Midcap is currently traded for 48.66. The entity has historical hype elasticity of 35.47, and average elasticity to hype of competition of -0.54. Dreyfus is forecasted to increase in value after the next headline, with the price projected to jump to 73.99182352941176 or above. The average volatility of media hype impact on the company the price is about 2.74%. The price jump on the next news is projected to be 52.06%, whereas the daily expected return is currently at 0.36%. The volatility of related hype on Dreyfus Active is about 180.69%, with the expected price after the next announcement by competition of 48.12. Debt can assist Dreyfus Active until it has trouble settling it off, either with new capital or with free cash flow. So, Dreyfus Active's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dreyfus Active Midcap sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dreyfus to invest in growth at high rates of return. When we think about Dreyfus Active's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next forecasted press release will be in about 3 days. Check out Historical Fundamental Analysis of Dreyfus Active to cross-verify your projections.Dreyfus Active Related Hype Analysis
Having access to credible news sources related to Dreyfus Active's direct competition is more important than ever and may enhance your ability to predict Dreyfus Active's future price movements. Getting to know how Dreyfus Active's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Dreyfus Active may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EKWYX | Wells Fargo Advantage | (0.97) | 1 per month | 2.27 | 0.16 | 4.69 | (4.32) | 10.43 | |
| UIPMX | Precious Metals And | 0.00 | 0 per month | 2.14 | 0.15 | 4.42 | (4.18) | 10.17 | |
| OCMAX | Ocm Mutual Fund | 0.00 | 0 per month | 1.84 | 0.19 | 4.36 | (3.69) | 8.53 | |
| FRGOX | Franklin Gold Precious | (9.91) | 3 per month | 1.78 | 0.21 | 4.32 | (3.54) | 9.48 | |
| UNWPX | World Precious Minerals | 0.05 | 1 per month | 1.95 | 0.16 | 4.14 | (3.61) | 8.29 | |
| FEGOX | First Eagle Gold | 0.37 | 1 per month | 1.90 | 0.17 | 4.03 | (3.39) | 9.39 | |
| IOGYX | Invesco Gold Special | 0.00 | 0 per month | 1.98 | 0.16 | 4.28 | (3.94) | 9.61 |
Other Forecasting Options for Dreyfus Active
For every potential investor in Dreyfus, whether a beginner or expert, Dreyfus Active'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 Active's price trends.Dreyfus Active 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 Active mutual fund to make a market-neutral strategy. Peer analysis of Dreyfus Active could also be used in its relative valuation, which is a method of valuing Dreyfus Active by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dreyfus Active Market Strength Events
Market strength indicators help investors to evaluate how Dreyfus Active 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 Active shares will generate the highest return on investment. By undertsting and applying Dreyfus Active mutual fund market strength indicators, traders can identify Dreyfus Active Midcap entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 48.66 | |||
| Day Typical Price | 48.66 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | (0.36) |
Dreyfus Active Risk Indicators
The analysis of Dreyfus Active'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 Active'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.
| Mean Deviation | 0.9852 | |||
| Semi Deviation | 0.3703 | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.85 | |||
| Downside Variance | 0.7718 | |||
| Semi Variance | 0.1372 | |||
| Expected Short fall | (1.18) |
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.
Story Coverage note for Dreyfus Active
The number of cover stories for Dreyfus Active depends on current market conditions and Dreyfus Active's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dreyfus Active is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Dreyfus Active's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Dreyfus Mutual Fund
Dreyfus Active 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 Active security.
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