Mainstay Conservative Etf Buy Hold or Sell Recommendation

MNELX Fund  USD 10.95  0.06  0.55%   
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Mainstay Conservative Etf is 'Strong Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Mainstay Conservative Etf given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Mainstay Conservative Etf, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Mainstay Conservative Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
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 Conservative Etf. 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 bureau of economic analysis.

Execute Mainstay Conservative 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 Conservative Etf. Macroaxis does not own or have any residual interests in Mainstay Conservative Etf or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mainstay Conservative's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Mainstay ConservativeBuy Mainstay Conservative
Strong Buy

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Mainstay Conservative Etf has a Risk Adjusted Performance of (0.04), Jensen Alpha of (0.03), Total Risk Alpha of (0.04) and Treynor Ratio of (0.06)
Our investment recommendation tool can cross-verify current analyst consensus on Mainstay Conservative Etf and to analyze the entity potential to grow in the current economic cycle. Please exercise Mainstay Conservative Etf minimum initial investment to make buy, hold, or sell decision on Mainstay Conservative Etf.

Mainstay Conservative Trading Alerts and Improvement Suggestions

Mainstay Conservative generated a negative expected return over the last 90 days
The fund maintains about 6.99% of its assets in cash

Mainstay Conservative Returns Distribution Density

The distribution of Mainstay Conservative's historical returns is an attempt to chart the uncertainty of Mainstay Conservative's future price movements. The chart of the probability distribution of Mainstay Conservative daily returns describes the distribution of returns around its average expected value. We use Mainstay Conservative Etf price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mainstay Conservative returns is essential to provide solid investment advice for Mainstay Conservative.
Mean Return
-0.01
Value At Risk
-0.63
Potential Upside
0.63
Standard Deviation
0.42
   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 Conservative 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 Conservative Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mainstay Conservative or New York Life Investment Management LLC sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mainstay Conservative's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mainstay fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.03
β
Beta against Dow Jones0.41
σ
Overall volatility
0.42
Ir
Information ratio -0.11

Mainstay Conservative Volatility Alert

Mainstay Conservative Etf exhibits very low volatility with skewness of -1.23 and kurtosis of 4.88. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mainstay Conservative's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mainstay Conservative's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Mainstay Conservative Fundamentals Vs Peers

Comparing Mainstay Conservative's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mainstay Conservative's direct or indirect competition across all of the common fundamentals between Mainstay Conservative and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mainstay Conservative or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Mainstay Conservative's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mainstay Conservative by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Mainstay Conservative to competition
FundamentalsMainstay ConservativePeer Average
Annual Yield0.03 %0.29 %
Net Asset40.52 M4.11 B
Minimum Initial Investment1000 K976.16 K
Last Dividend Paid0.070.65
Cash Position Weight6.99 %10.61 %
Equity Positions Weight40.67 %63.90 %
Bond Positions Weight51.39 %11.24 %

Mainstay Conservative 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 Conservative Buy or Sell Advice

When is the right time to buy or sell Mainstay Conservative Etf? 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 Conservative 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.

Did You Try This Idea?

Run Food Products Thematic Idea Now

Food Products
Food Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Food Products Theme or any other thematic opportunities.
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Other Information on Investing in Mainstay Mutual Fund

Mainstay Conservative 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 Conservative security.
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