Mainstay Epoch Global Fund Probability of Future Mutual Fund Price Finishing Under 18.34
| EPSPX Fund | USD 24.25 0.16 0.66% |
Mainstay |
Mainstay Epoch Target Price Odds to finish below 18.34
The tendency of Mainstay 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 Price | Horizon | Target Price | Odds to drop to $ 18.34 or more in 90 days |
| 24.25 | 90 days | 18.34 | near 1 |
Based on a normal probability distribution, the odds of Mainstay Epoch to drop to $ 18.34 or more in 90 days from now is near 1 (This Mainstay Epoch Global probability density function shows the probability of Mainstay Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mainstay Epoch Global price to stay between $ 18.34 and its current price of $24.25 at the end of the 90-day period is about 45.78 .
Assuming the 90 days horizon Mainstay Epoch Global has a beta of -0.02 suggesting as returns on the benchmark increase, returns on holding Mainstay Epoch are expected to decrease at a much lower rate. During a bear market, however, Mainstay Epoch Global is likely to outperform the market. Additionally Mainstay Epoch Global has an alpha of 0.0192, implying that it can generate a 0.0192 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mainstay Epoch Price Density |
| Price |
Predictive Modules for Mainstay Epoch
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 Epoch 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.Mainstay Epoch Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mainstay Epoch is not an exception. The market had few large corrections towards the Mainstay Epoch'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 Mainstay Epoch Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mainstay Epoch within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.18 |
Mainstay Epoch 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 Mainstay Epoch for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mainstay Epoch Global 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 98.0% of its assets under management (AUM) in equities |
Mainstay Epoch Technical Analysis
Mainstay Epoch's future price can be derived by breaking down and analyzing its technical indicators over time. Mainstay Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mainstay Epoch Global. In general, you should focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mainstay Epoch Predictive Forecast Models
Mainstay Epoch's time-series forecasting models is one of many Mainstay Epoch'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 Mainstay Epoch'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 Mainstay Epoch Global
Checking the ongoing alerts about Mainstay Epoch for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mainstay Epoch Global 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 98.0% of its assets under management (AUM) in equities |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Epoch financial ratios help investors to determine whether Mainstay 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 Mainstay with respect to the benefits of owning Mainstay Epoch security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |