Mainstay Nerstone Growth Fund Probability of Future Mutual Fund Price Finishing Under 49.05

KLGIX Fund  USD 51.70  0.51  1.00%   
Mainstay Nerstone's future price is the expected price of Mainstay Nerstone instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Mainstay Nerstone Growth performance during a given time horizon utilizing its historical volatility. Check out Mainstay Nerstone Backtesting, Portfolio Optimization, Mainstay Nerstone Correlation, Mainstay Nerstone Hype Analysis, Mainstay Nerstone Volatility, Mainstay Nerstone History as well as Mainstay Nerstone Performance.
  
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Mainstay Nerstone Target Price Odds to finish below 49.05

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 PriceHorizonTarget PriceOdds to drop to $ 49.05  or more in 90 days
 51.70 90 days 49.05 
near 1
Based on a normal probability distribution, the odds of Mainstay Nerstone to drop to $ 49.05  or more in 90 days from now is near 1 (This Mainstay Nerstone Growth probability density function shows the probability of Mainstay Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mainstay Nerstone Growth price to stay between $ 49.05  and its current price of $51.7 at the end of the 90-day period is about 38.4 .
Assuming the 90 days horizon Mainstay Nerstone has a beta of 0.89. This indicates Mainstay Nerstone Growth market returns are sensitive to returns on the market. As the market goes up or down, Mainstay Nerstone is expected to follow. Additionally Mainstay Nerstone Growth has an alpha of 0.0013, implying that it can generate a 0.001272 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Mainstay Nerstone Price Density   
       Price  

Predictive Modules for Mainstay Nerstone

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 Nerstone Growth. 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.
Hype
Prediction
LowEstimatedHigh
50.5851.7052.82
Details
Intrinsic
Valuation
LowRealHigh
50.7651.8853.00
Details

Mainstay Nerstone Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Mainstay Nerstone is not an exception. The market had few large corrections towards the Mainstay Nerstone'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 Nerstone Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mainstay Nerstone within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0
β
Beta against Dow Jones0.89
σ
Overall volatility
0.96
Ir
Information ratio -0.0011

Mainstay Nerstone 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 Nerstone for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mainstay Nerstone Growth 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 maintains 95.28% of its assets in stocks

Mainstay Nerstone Technical Analysis

Mainstay Nerstone'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 Nerstone Growth. In general, you should focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Mainstay Nerstone Predictive Forecast Models

Mainstay Nerstone's time-series forecasting models is one of many Mainstay Nerstone'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 Nerstone'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 Nerstone Growth

Checking the ongoing alerts about Mainstay Nerstone for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mainstay Nerstone Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains 95.28% of its assets in stocks

Other Information on Investing in Mainstay Mutual Fund

Mainstay Nerstone 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 Nerstone security.
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