The club are currently in sixth place in the league, but Dyche is fully aware that no prizes are awarded for where you finish in the league in December. It is the club's position in May that will matter the most.
"There are no guarantees, you can look at some of the teams that are currently in awkward predicaments, biggish clubs who have been around the Premier League for a long time," he said.
"It's a really unforgiving league.
"Brighton had that really nice solid start and now they're searching for results after three points in seven. That can happen, it can happen to anyone and I include ourselves in that."
Dyche is also downplaying the abilities of his side, saying they are some way away from competing among the "big six" in the Premier League.
"We're not the real deal; I think we've improved, I think we're moving forward again but we don't take anything for granted," he continued.
"We don't swagger into places. We haven't earned that yet. There's no delusions of grandeur."
The holiday fixtures will play a big part in determining Burnley's league position, with the next two games including the visit of Tottenham and a huge trip to Manchester United on Boxing Day. Burnley also face Liverpool on New Year's Day, before a third round FA Cup tie with Manchester City a few days later.