Mainstay Nerstone Growth Fund Price on December 18, 2024
| KLGBX Fund | USD 42.48 0.58 1.38% |
Below is the normalized historical share price chart for Mainstay Nerstone Growth extending back to January 22, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mainstay Nerstone stands at 42.48, as last reported on the 25th of December, with the highest price reaching 42.48 and the lowest price hitting 42.48 during the day.
If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mainstay Mutual Fund to be very steady. Mainstay Nerstone Growth has Sharpe Ratio of 0.0333, which conveys that the entity had a 0.0333% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mainstay Nerstone, which you can use to evaluate the volatility of the fund. Please verify Mainstay Nerstone's Mean Deviation of 0.767, downside deviation of 1.56, and Risk Adjusted Performance of 0.0278 to check out if the risk estimate we provide is consistent with the expected return of 0.04%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.0333
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KLGBX |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Mainstay Nerstone is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstay Nerstone by adding it to a well-diversified portfolio.
Mainstay Nerstone Valuation on December 18, 2024
It is possible to determine the worth of Mainstay Nerstone on a given historical date. On December 18, 2024 Mainstay was worth 41.05 at the beginning of the trading date compared to the closed value of 41.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Nerstone mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Nerstone's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mainstay Nerstone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Nerstone's related companies.
| Open | High | Low | Close | Volume | |
| 42.54 | 42.54 | 42.54 | 42.54 | 1.00 | |
12/18/2024 | 41.05 | 41.05 | 41.05 | 41.05 | 1.00 |
| 41.03 | 41.03 | 41.03 | 41.03 | 1.00 |
| Backtest Mainstay Nerstone | | | Mainstay Nerstone History | | | Mainstay Nerstone Valuation | Previous | Next |
Mainstay Nerstone Trading Date Momentum on December 18, 2024
| On December 19 2024 Mainstay Nerstone Growth was traded for 41.03 at the closing time. The highest daily price throughout the period was 41.03 and the lowest price was 41.03 . There was no trading activity during the period 1.0. Lack of trading volume on 12/19/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.05% . The trading delta at closing time to current closing price is 3.48% . |
Mainstay Nerstone Growth Fundamentals Correlations and Trends
By evaluating Mainstay Nerstone's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mainstay Nerstone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mainstay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mainstay Nerstone Mutual Fund history
Mainstay Nerstone investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mainstay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mainstay Nerstone Growth will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mainstay Nerstone stock prices may prove useful in developing a viable investing in Mainstay Nerstone
The fund invests primarily in stocks of large-capitalization U.S. companies considered to have above-average earnings growth potential and reasonable stock prices in comparison with expected earnings. Under normal circumstances, at least 80 percent of its assets will be invested in securities issued by U.S. companies. The Subadvisor employs a traditional, bottom-up fundamental research approach to identify securities that possess sustainable growth at reasonable valuations.
Mainstay Nerstone Mutual Fund Technical Analysis
Mainstay Nerstone technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Mainstay Nerstone Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Mainstay Nerstone Growth cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Mainstay Nerstone December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Nerstone mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mainstay Nerstone shares will generate the highest return on investment. By undertsting and applying Mainstay Nerstone mutual fund market strength indicators, traders can identify Mainstay Nerstone Growth entry and exit signals to maximize returns
Mainstay Nerstone Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Nerstone's price direction in advance. Along with the technical and fundamental analysis of Mainstay Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mainstay to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0278 | |||
| Jensen Alpha | 0.0233 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3421 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |