Mainstay Epoch Small Fund Market Value
| MOTBX Fund | USD 20.87 0.03 0.14% |
| Symbol | Mainstay |
Mainstay Epoch '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 Epoch's mutual fund 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 Epoch.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Mainstay Epoch on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Mainstay Epoch Small or generate 0.0% return on investment in Mainstay Epoch over 30 days. The fund invests, under normal circumstances, at least 80 percent of its assets in the securities of U.S More
Mainstay Epoch 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 Epoch's mutual fund 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 Epoch Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | 0.0314 | |||
| Maximum Drawdown | 8.21 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.92 |
Mainstay Epoch Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Epoch's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mainstay Epoch's standard deviation. In reality, there are many statistical measures that can use Mainstay Epoch historical prices to predict the future Mainstay Epoch's volatility.| Risk Adjusted Performance | 0.108 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0351 | |||
| Treynor Ratio | 0.1162 |
Mainstay Epoch Small Backtested Returns
Mainstay Epoch appears to be very steady, given 3 months investment horizon. Mainstay Epoch Small has Sharpe Ratio of 0.16, which conveys that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mainstay Epoch, which you can use to evaluate the volatility of the fund. Please exercise Mainstay Epoch's Downside Deviation of 1.18, risk adjusted performance of 0.108, and Mean Deviation of 0.9187 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 1.45, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mainstay Epoch will likely underperform.
Auto-correlation | 0.91 |
Excellent predictability
Mainstay Epoch Small has excellent predictability. Overlapping area represents the amount of predictability between Mainstay Epoch time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Epoch Small price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Mainstay Epoch price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Mainstay Epoch Small lagged returns against current returns
Autocorrelation, which is Mainstay Epoch mutual fund'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 Epoch's mutual fund expected returns. We can calculate the autocorrelation of Mainstay Epoch returns to help us make a trade decision. For example, suppose you find that Mainstay Epoch has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
| Timeline |
Mainstay Epoch 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 Epoch mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mainstay Epoch mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mainstay Epoch mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mainstay Epoch Lagged Returns
When evaluating Mainstay Epoch's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mainstay Epoch mutual fund have on its future price. Mainstay Epoch 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 Epoch autocorrelation shows the relationship between Mainstay Epoch mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mainstay Epoch Small.
Regressed Prices |
| Timeline |
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
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.
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