Mainstay Candriam Emerging Fund Probability of Future Mutual Fund Price Finishing Over 10.58

MCYAX Fund  USD 10.57  0.03  0.28%   
Mainstay Candriam's future price is the expected price of Mainstay Candriam 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 Candriam Emerging performance during a given time horizon utilizing its historical volatility. Check out Mainstay Candriam Backtesting, Portfolio Optimization, Mainstay Candriam Correlation, Mainstay Candriam Hype Analysis, Mainstay Candriam Volatility, Mainstay Candriam History as well as Mainstay Candriam Performance.
  
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Mainstay Candriam Target Price Odds to finish over 10.58

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 move over $ 10.58  or more in 90 days
 10.57 90 days 10.58 
about 51.48
Based on a normal probability distribution, the odds of Mainstay Candriam to move over $ 10.58  or more in 90 days from now is about 51.48 (This Mainstay Candriam Emerging probability density function shows the probability of Mainstay Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mainstay Candriam price to stay between its current price of $ 10.57  and $ 10.58  at the end of the 90-day period is about 1.48 .
Assuming the 90 days horizon Mainstay Candriam Emerging has a beta of -0.0487. This indicates as returns on the benchmark increase, returns on holding Mainstay Candriam are expected to decrease at a much lower rate. During a bear market, however, Mainstay Candriam Emerging is likely to outperform the market. Additionally Mainstay Candriam Emerging has an alpha of 0.0704, implying that it can generate a 0.0704 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Mainstay Candriam Price Density   
       Price  

Predictive Modules for Mainstay Candriam

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 Candriam. 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
10.0510.8811.71
Details
Intrinsic
Valuation
LowRealHigh
8.959.7810.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mainstay Candriam. Your research has to be compared to or analyzed against Mainstay Candriam's peers to derive any actionable benefits. When done correctly, Mainstay Candriam's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mainstay Candriam.

Mainstay Candriam Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Mainstay Candriam is not an exception. The market had few large corrections towards the Mainstay Candriam'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 Candriam Emerging, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mainstay Candriam within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.07
β
Beta against Dow Jones-0.05
σ
Overall volatility
0.27
Ir
Information ratio -0.01

Mainstay Candriam 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 Candriam for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mainstay Candriam can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Dimension raises 500M second fund for investing at the intersection of tech and life sciences - TechCrunch
The fund generated three year return of -4.0%
Mainstay Candriam maintains 95.93% of its assets in stocks

Mainstay Candriam Technical Analysis

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

Mainstay Candriam Predictive Forecast Models

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

Checking the ongoing alerts about Mainstay Candriam for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mainstay Candriam help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Dimension raises 500M second fund for investing at the intersection of tech and life sciences - TechCrunch
The fund generated three year return of -4.0%
Mainstay Candriam maintains 95.93% of its assets in stocks

Other Information on Investing in Mainstay Mutual Fund

Mainstay Candriam 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 Candriam security.
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