Mainstay Equity Etf Probability of Future Mutual Fund Price Finishing Under 16.02
| MWFQX Fund | USD 16.05 0.04 0.25% |
Mainstay |
Mainstay Equity Target Price Odds to finish below 16.02
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 $ 16.02 or more in 90 days |
| 16.05 | 90 days | 16.02 | about 78.27 |
Based on a normal probability distribution, the odds of Mainstay Equity to drop to $ 16.02 or more in 90 days from now is about 78.27 (This Mainstay Equity Etf probability density function shows the probability of Mainstay Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mainstay Equity Etf price to stay between $ 16.02 and its current price of $16.05 at the end of the 90-day period is roughly 2.48 .
Assuming the 90 days horizon Mainstay Equity Etf has a beta of -0.0444. This indicates as returns on the benchmark increase, returns on holding Mainstay Equity are expected to decrease at a much lower rate. During a bear market, however, Mainstay Equity Etf is likely to outperform the market. Additionally Mainstay Equity Etf has an alpha of 0.0681, implying that it can generate a 0.0681 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mainstay Equity Price Density |
| Price |
Predictive Modules for Mainstay Equity
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 Equity Etf. 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 Equity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mainstay Equity is not an exception. The market had few large corrections towards the Mainstay Equity'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 Equity Etf, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mainstay Equity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | -0.05 |
Mainstay Equity 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 Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mainstay Equity Etf can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Mainstay Equity Technical Analysis
Mainstay Equity'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 Equity Etf. In general, you should focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mainstay Equity Predictive Forecast Models
Mainstay Equity's time-series forecasting models is one of many Mainstay Equity'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 Equity'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 Equity Etf
Checking the ongoing alerts about Mainstay Equity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mainstay Equity Etf help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Other Information on Investing in Mainstay Mutual Fund
Mainstay Equity 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 Equity security.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |