Dreyfus Technology Growth Fund Probability of Future Mutual Fund Price Finishing Under 76.48

DGVRX Fund  USD 78.63  1.41  1.76%   
Dreyfus Technology's future price is the expected price of Dreyfus Technology instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Dreyfus Technology Growth performance during a given time horizon utilizing its historical volatility. Check out Dreyfus Technology Backtesting, Portfolio Optimization, Dreyfus Technology Correlation, Dreyfus Technology Hype Analysis, Dreyfus Technology Volatility, Dreyfus Technology History as well as Dreyfus Technology Performance.
  
Please specify Dreyfus Technology's target price for which you would like Dreyfus Technology odds to be computed.

Dreyfus Technology Target Price Odds to finish below 76.48

The tendency of Dreyfus Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 76.48  or more in 90 days
 78.63 90 days 76.48 
about 51.32
Based on a normal probability distribution, the odds of Dreyfus Technology to drop to $ 76.48  or more in 90 days from now is about 51.32 (This Dreyfus Technology Growth probability density function shows the probability of Dreyfus Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Dreyfus Technology Growth price to stay between $ 76.48  and its current price of $78.63 at the end of the 90-day period is about 26.22 .
Assuming the 90 days horizon Dreyfus Technology has a beta of 0.79 suggesting as returns on the market go up, Dreyfus Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dreyfus Technology Growth will be expected to be much smaller as well. Additionally Dreyfus Technology Growth has an alpha of 0.1054, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Dreyfus Technology Price Density   
       Price  

Predictive Modules for Dreyfus Technology

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 Technology Growth. 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
77.5378.6379.73
Details
Intrinsic
Valuation
LowRealHigh
70.7783.1484.24
Details
Naive
Forecast
LowNextHigh
77.1678.2779.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
72.1376.9481.74
Details

Dreyfus Technology Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Dreyfus Technology is not an exception. The market had few large corrections towards the Dreyfus Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Dreyfus Technology Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dreyfus Technology within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.11
β
Beta against Dow Jones0.79
σ
Overall volatility
2.96
Ir
Information ratio 0.07

Dreyfus Technology Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Dreyfus Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dreyfus Technology Growth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains 99.12% of its assets under management (AUM) in equities

Dreyfus Technology Technical Analysis

Dreyfus Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Dreyfus Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dreyfus Technology Growth. In general, you should focus on analyzing Dreyfus Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Dreyfus Technology Predictive Forecast Models

Dreyfus Technology's time-series forecasting models is one of many Dreyfus Technology's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Dreyfus Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Dreyfus Technology Growth

Checking the ongoing alerts about Dreyfus Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dreyfus Technology Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 99.12% of its assets under management (AUM) in equities

Other Information on Investing in Dreyfus Mutual Fund

Dreyfus Technology 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 Technology security.
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