Mainstay Vertible Fund Statistic Functions Beta

MCSVX Fund  USD 19.45  0.11  0.57%   
Mainstay Convertible statistic functions tool provides the execution environment for running the Beta function and other technical functions against Mainstay Convertible. Mainstay Convertible value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Mainstay Convertible statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Mainstay Convertible correlated with the market. If Beta is less than 0 Mainstay Convertible generally moves in the opposite direction as compared to the market. If Mainstay Convertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Convertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Convertible is generally in the same direction as the market. If Beta > 1 Mainstay Convertible moves generally in the same direction as, but more than the movement of the benchmark.

Mainstay Convertible Technical Analysis Modules

Most technical analysis of Mainstay Convertible help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mainstay from various momentum indicators to cycle 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.

About Mainstay Convertible Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mainstay Vertible Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Vertible Fund based on widely used predictive technical indicators. In general, we focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mainstay Convertible's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Mainstay Convertible's intrinsic value. In addition to deriving basic predictive indicators for Mainstay Convertible, we also check how macroeconomic factors affect Mainstay Convertible price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mainstay Convertible's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.0019.4519.90
Details
Intrinsic
Valuation
LowRealHigh
18.8519.3019.75
Details
Naive
Forecast
LowNextHigh
18.9519.3919.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.8019.1319.46
Details

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Other Information on Investing in Mainstay Mutual Fund

Mainstay Convertible 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 Convertible security.
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