Mainstay Indexed Bond Fund Price on September 25, 2024
| MIXAX Fund | USD 9.07 0.02 0.22% |
Below is the normalized historical share price chart for Mainstay Indexed Bond extending back to January 12, 2004. 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 Indexed stands at 9.07, as last reported on the 22nd of December, with the highest price reaching 9.07 and the lowest price hitting 9.07 during the day.
If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its price. Mainstay Indexed Bond has Sharpe Ratio of -0.14, which conveys that the entity had a -0.14% return per unit of risk over the last 3 months. Mainstay Indexed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mainstay Indexed's Mean Deviation of 0.0754, risk adjusted performance of (0.16), and Standard Deviation of 0.1062 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 = -0.1428
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Based on monthly moving average Mainstay Indexed 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 Indexed by adding Mainstay Indexed to a well-diversified portfolio.
Mainstay Indexed Valuation on September 25, 2024
It is possible to determine the worth of Mainstay Indexed on a given historical date. On September 25, 2024 Mainstay was worth 9.16 at the beginning of the trading date compared to the closed value of 9.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Indexed mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Indexed'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 Indexed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Indexed's related companies.
| Open | High | Low | Close | Volume | |
| 9.16 | 9.16 | 9.16 | 9.16 | 1.00 | |
09/25/2024 | 9.16 | 9.16 | 9.16 | 9.16 | 1.00 |
| 9.15 | 9.15 | 9.15 | 9.15 | 1.00 |
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Mainstay Indexed Trading Date Momentum on September 25, 2024
| On September 26 2024 Mainstay Indexed Bond was traded for 9.15 at the closing time. The highest daily price throughout the period was 9.15 and the lowest price was 9.15 . There was no trading activity during the period 1.0. Lack of trading volume on 09/26/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.11% . The trading delta at closing time to current closing price is 0.55% . |
Mainstay Indexed Bond Fundamentals Correlations and Trends
By evaluating Mainstay Indexed'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 Indexed'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 Indexed Mutual Fund history
Mainstay Indexed 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 Indexed Bond 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 Indexed stock prices may prove useful in developing a viable investing in Mainstay Indexed
The fund, under normal circumstances, invests at least 80 percent of its assets in debt securities. Under normal circumstances, it invests at least 80 percent of net assets in investment grade quality bonds of various types as rated by a nationally recognized statistical rating organization , or if unrated, judged to be of comparable quality by NYL Investors LLC, the funds Subadvisor. The fund may invest up to 20 percent of its net assets in bonds rated below investment grade by a NRSRO, commonly referred to as high yield or junk bonds.
Mainstay Indexed Mutual Fund Technical Analysis
Mainstay Indexed 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 Indexed Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Mainstay Indexed Bond 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 Indexed December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Indexed 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 Indexed shares will generate the highest return on investment. By undertsting and applying Mainstay Indexed mutual fund market strength indicators, traders can identify Mainstay Indexed Bond entry and exit signals to maximize returns
Mainstay Indexed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Indexed'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 | (0.16) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (4.08) |
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Other Information on Investing in Mainstay Mutual Fund
Mainstay Indexed 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 Indexed security.
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