Dodge Cox Mutual Fund Forecast - 20 Period Moving Average

DOXWX Fund  USD 16.50  0.04  0.24%   
The 20 Period Moving Average forecasted value of Dodge Cox Global on the next trading day is expected to be 16.52 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 5.99. Dodge Mutual Fund Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Dodge Cox Global is based on a synthetically constructed Dodge Coxdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Dodge Cox 20 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Dodge Cox Global on the next trading day is expected to be 16.52 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.03, and the sum of the absolute errors of 5.99.
Please note that although there have been many attempts to predict Dodge 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 Dodge Cox's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dodge Cox Mutual Fund Forecast Pattern

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Dodge Cox Forecasted Value

In the context of forecasting Dodge Cox'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. Dodge Cox's downside and upside margins for the forecasting period are 15.87 and 17.17, respectively. We have considered Dodge Cox'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
16.50
16.52
Expected Value
17.17
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Dodge Cox mutual fund data series using in forecasting. Note that when a statistical model is used to represent Dodge Cox 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 Criteria77.7917
BiasArithmetic mean of the errors 0.0534
MADMean absolute deviation0.1462
MAPEMean absolute percentage error0.0088
SAESum of the absolute errors5.994
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. Dodge Cox Global 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Dodge Cox

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dodge Cox Global. 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 Dodge Cox'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
15.8516.5017.15
Details
Intrinsic
Valuation
LowRealHigh
15.8616.5117.16
Details

Other Forecasting Options for Dodge Cox

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

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

Dodge Cox Global 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 Dodge Cox'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 Dodge Cox's current price.

Dodge Cox Market Strength Events

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

Dodge Cox Risk Indicators

The analysis of Dodge Cox'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 Dodge Cox's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dodge 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 Dodge Mutual Fund

Dodge Cox financial ratios help investors to determine whether Dodge 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 Dodge with respect to the benefits of owning Dodge Cox security.
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