Mainstay Cbre Global Stock Market Value
| MEGI Stock | USD 13.58 0.08 0.59% |
| Symbol | MainStay |
MainStay CBRE Global Company Valuation
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MainStay CBRE. If investors know MainStay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MainStay CBRE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.34 |
The market value of MainStay CBRE Global is measured differently than its book value, which is the value of MainStay that is recorded on the company's balance sheet. Investors also form their own opinion of MainStay CBRE's value that differs from its market value or its book value, called intrinsic value, which is MainStay CBRE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MainStay CBRE's market value can be influenced by many factors that don't directly affect MainStay CBRE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MainStay CBRE's value and its price as these two are different measures arrived at by different means. Investors typically determine if MainStay CBRE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MainStay CBRE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MainStay CBRE 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MainStay CBRE's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MainStay CBRE.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in MainStay CBRE on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding MainStay CBRE Global or generate 0.0% return on investment in MainStay CBRE over 270 days. MainStay CBRE is related to or competes with Ares Dynamic, PGIM Short, Ecofin Sustainable, Aberdeen Total, Blackrock Muniholdings, Blackrock Munivest, and Blackrock Muniyield. MainStay CBRE is entity of United States More
MainStay CBRE Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MainStay CBRE's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess MainStay CBRE Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 5.47 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.62 |
MainStay CBRE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MainStay CBRE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MainStay CBRE's standard deviation. In reality, there are many statistical measures that can use MainStay CBRE historical prices to predict the future MainStay CBRE's volatility.| Risk Adjusted Performance | 0.0331 | |||
| Jensen Alpha | 0.0072 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1566 |
MainStay CBRE Global Backtested Returns
MainStay CBRE Global has Sharpe Ratio of -0.0152, which conveys that the firm had a -0.0152% return per unit of risk over the last 3 months. MainStay CBRE exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MainStay CBRE's Downside Deviation of 1.08, risk adjusted performance of 0.0331, and Mean Deviation of 0.7938 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MainStay CBRE's returns are expected to increase less than the market. However, during the bear market, the loss of holding MainStay CBRE is expected to be smaller as well. At this point, MainStay CBRE Global has a negative expected return of -0.0153%. Please make sure to verify MainStay CBRE's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if MainStay CBRE Global performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
MainStay CBRE Global has modest predictability. Overlapping area represents the amount of predictability between MainStay CBRE time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MainStay CBRE Global price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current MainStay CBRE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
MainStay CBRE Global lagged returns against current returns
Autocorrelation, which is MainStay CBRE stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting MainStay CBRE's stock expected returns. We can calculate the autocorrelation of MainStay CBRE returns to help us make a trade decision. For example, suppose you find that MainStay CBRE has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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MainStay CBRE regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If MainStay CBRE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MainStay CBRE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MainStay CBRE stock over time.
Current vs Lagged Prices |
| Timeline |
MainStay CBRE Lagged Returns
When evaluating MainStay CBRE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MainStay CBRE stock have on its future price. MainStay CBRE autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, MainStay CBRE autocorrelation shows the relationship between MainStay CBRE stock current value and its past values and can show if there is a momentum factor associated with investing in MainStay CBRE Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether MainStay CBRE Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MainStay CBRE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mainstay Cbre Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mainstay Cbre Global Stock:Check out MainStay CBRE Correlation, MainStay CBRE Volatility and MainStay CBRE Alpha and Beta module to complement your research on MainStay CBRE. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
MainStay CBRE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.