Mainstay Definedterm Fund Forecast - Simple Exponential Smoothing

Mainstay Definedterm Additional Predictive Modules

Most predictive techniques to examine Mainstay price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Mainstay using various technical indicators. When you analyze Mainstay 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. Mainstay Definedterm simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Mainstay Definedterm Muncipal are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Mainstay Definedterm prices get older.

Mainstay Definedterm Simple Exponential Smoothing Price Forecast For the 24th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Mainstay Definedterm Muncipal on the next trading day is expected to be 15.26 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.20.

Mainstay Definedterm Fund Forecast Pattern

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Mainstay Definedterm Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Mainstay Definedterm fund data series using in forecasting. Note that when a statistical model is used to represent Mainstay Definedterm 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. This simple exponential smoothing model begins by setting Mainstay Definedterm Muncipal forecast for the second period equal to the observation of the first period. In other words, recent Mainstay Definedterm observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Mainstay Definedterm

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 Definedterm. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 14.94 15.26 15.58 Details

Intrinsic Valuation Low Real High 14.87 15.19 15.51 Details

Bollinger Band Projection (param) Low Middle High 14.57 14.92 15.28 Details

Mainstay Definedterm After-Hype Price Prediction Density Analysis

Mainstay Definedterm Estimiated After-Hype Price Volatility

Mainstay Definedterm Fund Price Prediction Analysis

Mainstay Definedterm Hype Timeline

On the 23rd of January Mainstay Definedterm is traded for 15.26. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Mainstay is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is now at 0.03%. %. The volatility of related hype on Mainstay Definedterm is about 64.52%, with the expected price after the next announcement by competition of 15.27. About 20.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.81. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mainstay Definedterm last dividend was issued on the 14th of November 2022. Considering the 90-day investment horizon the next expected press release will be in about 3 days. Check out Historical Fundamental Analysis of Mainstay Definedterm to cross-verify your projections.

Mainstay Definedterm Related Hype Analysis

Other Forecasting Options for Mainstay Definedterm

For every potential investor in Mainstay, whether a beginner or expert, Mainstay Definedterm's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mainstay 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 Definedterm's price trends.

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