Mainstay High Yield Fund Buy Hold or Sell Recommendation

MKHCX Fund  USD 5.22  0.00  0.00%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Mainstay High Yield is 'Not Rated'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Mainstay High Yield given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Mainstay High Yield, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Note, we conduct extensive research on individual funds such as Mainstay and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Mainstay High Yield. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Execute Mainstay High Buy or Sell Advice

The Mainstay recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mainstay High Yield. Macroaxis does not own or have any residual interests in Mainstay High Yield or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mainstay High's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Mainstay HighBuy Mainstay High
Not Rated
For the selected time horizon Mainstay High Yield has a Risk Adjusted Performance of 0.0512, Jensen Alpha of 0.0032, Total Risk Alpha of 0.0279, Sortino Ratio of 0.427 and Treynor Ratio of (0.19)
We provide investment recommendation to complement the last-minute expert consensus on Mainstay High Yield. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. Use Mainstay High Yield one year return and last dividend paid to ensure your buy or sell decision on Mainstay High Yield is adequate.

Mainstay High Trading Alerts and Improvement Suggestions

Mainstay High Yield is not yet fully synchronised with the market data
The fund maintains about 6.35% of its assets in cash

Mainstay High Returns Distribution Density

The distribution of Mainstay High's historical returns is an attempt to chart the uncertainty of Mainstay High's future price movements. The chart of the probability distribution of Mainstay High daily returns describes the distribution of returns around its average expected value. We use Mainstay High Yield price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mainstay High returns is essential to provide solid investment advice for Mainstay High.
Mean Return
0.02
Value At Risk
-0.19
Potential Upside
0.19
Standard Deviation
0.16
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mainstay High historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Mainstay High Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mainstay . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Mainstay High Buy or Sell Advice

When is the right time to buy or sell Mainstay High Yield? Buying financial instruments such as Mainstay Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Mainstay High in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Precious Metals ETFs Theme
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Other Information on Investing in Mainstay Mutual Fund

Mainstay High 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 High security.
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