Mainstay Large Cap Fund Price on May 31, 2024
| MLAIX Fund | USD 12.01 0.10 0.84% |
Below is the normalized historical share price chart for Mainstay Large Cap extending back to April 01, 2005. 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 Large stands at 12.01, as last reported on the 21st of December, with the highest price reaching 12.01 and the lowest price hitting 12.01 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 Large Cap has Sharpe Ratio of 0.1, which conveys that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mainstay Large, which you can use to evaluate the volatility of the fund. Please verify Mainstay Large's Risk Adjusted Performance of 0.0832, downside deviation of 1.34, and Mean Deviation of 0.7379 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.1024
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Mainstay Large is performing at about 8% 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 Large by adding it to a well-diversified portfolio.
Mainstay Large Valuation on May 31, 2024
It is possible to determine the worth of Mainstay Large on a given historical date. On May 31, 2024 Mainstay was worth 10.27 at the beginning of the trading date compared to the closed value of 10.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Large mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Large'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 Large where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Large's related companies.
| Open | High | Low | Close | Volume | |
| 10.28 | 10.28 | 10.28 | 10.28 | 1.00 | |
05/31/2024 | 10.27 | 10.27 | 10.27 | 10.27 | 1.00 |
| 10.33 | 10.33 | 10.33 | 10.33 | 1.00 |
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Mainstay Large Trading Date Momentum on May 31, 2024
| On June 03 2024 Mainstay Large Cap was traded for 10.33 at the closing time. The highest daily price throughout the period was 10.33 and the lowest price was 10.33 . There was no trading activity during the period 1.0. Lack of trading volume on 06/03/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.58% . The trading delta at closing time to current closing price is 3.70% . |
Mainstay Large Cap Fundamentals Correlations and Trends
By evaluating Mainstay Large'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 Large'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 Large Mutual Fund history
Mainstay Large 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 Large Cap 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 Large stock prices may prove useful in developing a viable investing in Mainstay Large
The fund invests at least 80 percent of its assets in large capitalization companies, which are companies having a market capitalization in excess of 4 billion at the time of purchase. The Subadvisor invests substantially all of the funds investable assets in domestic securities. However, the fund is permitted to invest up to 20 percent of its net assets in foreign securities. An issuer of a security is considered to be a U.S. or foreign issuer based on the issuers country of risk as determined by a third-party such as Bloomberg.
Mainstay Large Mutual Fund Technical Analysis
Mainstay Large 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 Large Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Mainstay Large Cap 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 Large December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Large 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 Large shares will generate the highest return on investment. By undertsting and applying Mainstay Large mutual fund market strength indicators, traders can identify Mainstay Large Cap entry and exit signals to maximize returns
Mainstay Large Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Large'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 | 0.0832 | |||
| Jensen Alpha | 0.0762 | |||
| Total Risk Alpha | 0.0667 | |||
| Sortino Ratio | 0.0548 | |||
| Treynor Ratio | 0.1088 |
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Other Information on Investing in Mainstay Mutual Fund
Mainstay Large 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 Large security.
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