Mainstay Vertible Fund Price on November 9, 2023
MCOAX Fund | USD 18.56 0.58 0.58% |
If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mainstay Vertible stands at 18.74, as last reported on the 30th of December, with the highest price reaching 18.74 and the lowest price hitting 18.74 during the day. Mainstay Vertible has Sharpe Ratio of -0.0746, which conveys that the entity had a -0.0746% return per unit of risk over the last 3 months. Mainstay Vertible exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mainstay Vertible's Risk Adjusted Performance of (0.06), mean deviation of 0.4007, and Standard Deviation of 0.673 to check out the risk estimate we provide.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = -0.0746
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Negative Returns | MCOAX |
Estimated Market Risk
0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mainstay Vertible is not performing at its full potential. However, 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 Vertible by adding Mainstay Vertible to a well-diversified portfolio.
Mainstay Vertible Valuation on November 9, 2023
It is possible to determine the worth of Mainstay Vertible on a given historical date. On November 9, 2023 Mainstay was worth 16.67 at the beginning of the trading date compared to the closed value of 16.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Vertible mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Vertible'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 Vertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Vertible's related companies.
Open | High | Low | Close | Volume | |
16.75 | 16.75 | 16.75 | 16.75 | 1.00 | |
11/09/2023 | 16.67 | 16.67 | 16.67 | 16.67 | 1.00 |
16.77 | 16.77 | 16.77 | 16.77 | 1.00 |
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Mainstay Vertible Trading Date Momentum on November 9, 2023
On November 10 2023 Mainstay Vertible Fund was traded for 16.77 at the closing time. The highest daily price throughout the period was 16.77 and the lowest price was 16.77 . There was no trading activity during the period 1.0. Lack of trading volume on 11/10/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.60% . The trading delta at closing time to current closing price is 3.24% . |
Mainstay Vertible Fundamentals Correlations and Trends
By evaluating Mainstay Vertible'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 Vertible'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 Vertible Mutual Fund history
Mainstay Vertible 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 Vertible 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 Vertible stock prices may prove useful in developing a viable investing in Mainstay Vertible
Mainstay Vertible Mutual Fund Technical Analysis
Mainstay Vertible 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 Vertible Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Mainstay Vertible Fund 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 Vertible December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Vertible 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 Vertible shares will generate the highest return on investment. By undertsting and applying Mainstay Vertible mutual fund market strength indicators, traders can identify Mainstay Vertible Fund entry and exit signals to maximize returns
Mainstay Vertible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Vertible'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 | (0.06) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.14) |
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Price Transform | ||
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Volume Indicators |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Vertible 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 Vertible security.
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