Mainstay Balanced Mutual Fund Forecast - Simple Moving Average

A two period moving average forecast for Mainstay Balanced is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Mainstay Balanced Simple Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Mainstay Balanced Fund on the next trading day is expected to be 32.80 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.83.

Mainstay Balanced Mutual Fund Forecast Pattern

Backtest Mainstay Balanced

Mainstay Balanced Price Prediction

Buy or Sell Advice

Mainstay Balanced Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Mainstay Balanced mutual fund data series using in forecasting. Note that when a statistical model is used to represent Mainstay Balanced 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. The simple moving average model is conceptually a linear regression of the current value of Mainstay Balanced Fund price series against current and previous (unobserved) value of Mainstay Balanced. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Mainstay Balanced

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mainstay Balanced. 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 Low Estimated High 32.38 32.80 33.22 Details

Intrinsic Valuation Low Real High 32.22 32.64 33.06 Details

Bollinger Band Projection (param) Low Middle High 32.62 32.75 32.89 Details

Other Forecasting Options for Mainstay Balanced

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

Mainstay Balanced Related Equities

Risk & Return

Correlation

Mainstay Balanced 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 Mainstay Balanced'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 Mainstay Balanced's current price.

Mainstay Balanced Market Strength Events

Mainstay Balanced Risk Indicators

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 Mainstay Mutual Fund