MainStay Mutual Fund Probability of Future Mutual Fund Price Finishing Over 9.78
| MNEAX Fund | USD 9.78 0.07 0.71% |
MainStay |
MainStay Conservative Target Price Odds to finish over 9.78
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 move above the current price in 90 days |
| 9.78 | 90 days | 9.78 | close to 99 |
Based on a normal probability distribution, the odds of MainStay Conservative to move above the current price in 90 days from now is close to 99 (This MainStay Conservative ETF probability density function shows the probability of MainStay Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon MainStay Conservative has a beta of 0.56. This indicates as returns on the market go up, MainStay Conservative average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MainStay Conservative ETF will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. MainStay Conservative ETF is significantly underperforming NYSE Composite. MainStay Conservative Price Density |
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Predictive Modules for MainStay Conservative
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 Conservative ETF. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of MainStay Conservative'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. Please use the tools below to analyze the current value of MainStay Conservative in the context of predictive analytics.
MainStay Conservative Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MainStay Conservative is not an exception. The market had few large corrections towards the MainStay Conservative'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 Conservative ETF, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MainStay Conservative within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.56 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.05 |
MainStay Conservative 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 Conservative for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MainStay Conservative 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 Conservative generated a negative expected return over the last 90 days | |
| MainStay Conservative is unlikely to experience financial distress in the next 2 years | |
| The fund maintains about 6.58% of its assets in cash |
MainStay Conservative Technical Analysis
MainStay Conservative'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 Conservative ETF. In general, you should focus on analyzing MainStay Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
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MainStay Conservative Predictive Forecast Models
MainStay Conservative's time-series forecasting models is one of many MainStay Conservative'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 Conservative'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 Conservative ETF
Checking the ongoing alerts about MainStay Conservative for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MainStay Conservative ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MainStay Conservative generated a negative expected return over the last 90 days | |
| MainStay Conservative is unlikely to experience financial distress in the next 2 years | |
| The fund maintains about 6.58% of its assets in cash |
Check out MainStay Conservative Backtesting, Portfolio Optimization, MainStay Conservative Correlation, MainStay Conservative Hype Analysis, MainStay Conservative Volatility, MainStay Conservative History as well as MainStay Conservative Performance. Note that the MainStay Conservative ETF information on this page should be used as a complementary analysis to other MainStay Conservative's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEO Directory module to screen CEOs from public companies around the world.
Complementary Tools for MainStay Mutual Fund analysis
When running MainStay Conservative's price analysis, check to measure MainStay Conservative's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MainStay Conservative is operating at the current time. Most of MainStay Conservative's value examination focuses on studying past and present price action to predict the probability of MainStay Conservative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MainStay Conservative's price. Additionally, you may evaluate how the addition of MainStay Conservative to your portfolios can decrease your overall portfolio volatility.
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