Mainstay Fiera Smid Fund Probability of Future Mutual Fund Price Finishing Over 21.41
| APSDX Fund | 17.17 0.73 4.08% |
Mainstay |
Mainstay Fiera Target Price Odds to finish over 21.41
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 over 21.41 or more in 90 days |
| 17.17 | 90 days | 21.41 | near 1 |
Based on a normal probability distribution, the odds of Mainstay Fiera to move over 21.41 or more in 90 days from now is near 1 (This Mainstay Fiera Smid probability density function shows the probability of Mainstay Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mainstay Fiera Smid price to stay between its current price of 17.17 and 21.41 at the end of the 90-day period is about 78.4 .
Assuming the 90 days horizon Mainstay Fiera has a beta of 0.12. This suggests as returns on the market go up, Mainstay Fiera average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mainstay Fiera Smid will be expected to be much smaller as well. Additionally Mainstay Fiera Smid has an alpha of 0.0178, implying that it can generate a 0.0178 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mainstay Fiera Price Density |
| Price |
Predictive Modules for Mainstay Fiera
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 Fiera Smid. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund 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, anticipate that the market will even out over time. This tendency of Mainstay Fiera'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.
Mainstay Fiera Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mainstay Fiera is not an exception. The market had few large corrections towards the Mainstay Fiera'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 Fiera Smid, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mainstay Fiera within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.70 | |
Ir | Information ratio | -0.0015 |
Mainstay Fiera 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 Fiera for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mainstay Fiera Smid can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Mainstay Fiera Technical Analysis
Mainstay Fiera'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 Fiera Smid. In general, you should focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mainstay Fiera Predictive Forecast Models
Mainstay Fiera's time-series forecasting models is one of many Mainstay Fiera'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 Fiera'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 Fiera Smid
Checking the ongoing alerts about Mainstay Fiera for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mainstay Fiera Smid help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Fiera 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 Fiera security.
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