Mainstay Pinestone Equity Fund Statistic Functions Pearson Correlation Coefficient

FCUPX Fund   20.43  0.04  0.20%   
Mainstay Pinestone statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Mainstay Pinestone. Mainstay Pinestone 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 Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Mainstay Pinestone 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.

Function
Time Period
Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Mainstay Pinestone Equity and its benchmark or peer.

Mainstay Pinestone Technical Analysis Modules

Most technical analysis of Mainstay Pinestone 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 Pinestone 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 Pinestone Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Pinestone Equity 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 Pinestone'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 Pinestone's intrinsic value. In addition to deriving basic predictive indicators for Mainstay Pinestone, we also check how macroeconomic factors affect Mainstay Pinestone price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
19.7220.3921.06
Details
Intrinsic
Valuation
LowRealHigh
18.5319.2022.43
Details
Naive
Forecast
LowNextHigh
20.0320.7021.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.6320.0420.45
Details

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Other Information on Investing in Mainstay Mutual Fund

Mainstay Pinestone 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 Pinestone security.
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