Mainstay Income Builder Fund Statistic Functions Beta

MKTRX Fund  USD 21.27  0.17  0.81%   
Mainstay Income statistic functions tool provides the execution environment for running the Beta function and other technical functions against Mainstay Income. Mainstay Income 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 Income 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.

The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Mainstay Income Builder correlated with the market. If Beta is less than 0 Mainstay Income generally moves in the opposite direction as compared to the market. If Mainstay Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Income Builder is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Income is generally in the same direction as the market. If Beta > 1 Mainstay Income moves generally in the same direction as, but more than the movement of the benchmark.

Mainstay Income Technical Analysis Modules

Most technical analysis of Mainstay Income 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 Income 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 Income Builder. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Income Builder 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 Income'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 Income's intrinsic value. In addition to deriving basic predictive indicators for Mainstay Income, we also check how macroeconomic factors affect Mainstay Income price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
20.7921.2721.75
Details
Intrinsic
Valuation
LowRealHigh
20.7221.2021.68
Details

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Other Information on Investing in Mainstay Mutual Fund

Mainstay Income 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 Income security.
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