Mainstay Wmc Value Fund Price on October 3, 2024
MMPDX Fund | USD 32.92 0.15 0.45% |
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 Wmc stands at 32.92, as last reported on the 13th of December 2024, with the highest price reaching 32.92 and the lowest price hitting 32.92 during the day. Mainstay Wmc Value has Sharpe Ratio of -0.0335, which conveys that the entity had a -0.0335% return per unit of risk over the last 3 months. Mainstay Wmc exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mainstay Wmc's Risk Adjusted Performance of 0.0032, downside deviation of 1.06, and Mean Deviation of 0.5402 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 = -0.0335
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Negative Returns | MMPDX |
Estimated Market Risk
0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mainstay Wmc 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 Wmc by adding Mainstay Wmc to a well-diversified portfolio.
Mainstay Wmc Valuation on October 3, 2024
It is possible to determine the worth of Mainstay Wmc on a given historical date. On October 3, 2024 Mainstay was worth 33.86 at the beginning of the trading date compared to the closed value of 33.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Wmc mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Wmc'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 Wmc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Wmc's related companies.
Open | High | Low | Close | Volume | |
34.01 | 34.01 | 34.01 | 34.01 | 1.00 | |
10/03/2024 | 33.86 | 33.86 | 33.86 | 33.86 | 1.00 |
34.08 | 34.08 | 34.08 | 34.08 | 1.00 |
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Mainstay Wmc Trading Date Momentum on October 3, 2024
On October 04 2024 Mainstay Wmc Value was traded for 34.08 at the closing time. The highest daily price throughout the period was 34.08 and the lowest price was 34.08 . There was no trading activity during the period 1.0. Lack of trading volume on 10/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.65% . The trading delta at closing time to current closing price is 1.89% . |
Mainstay Wmc Value Fundamentals Correlations and Trends
By evaluating Mainstay Wmc'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 Wmc'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 Wmc Mutual Fund history
Mainstay Wmc 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 Wmc Value 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 Wmc stock prices may prove useful in developing a viable investing in Mainstay Wmc
The fund invests in equity securities issued by companies of any size or market capitalization range. While it does not limit its investments to issuers within a particular capitalization range, it generally invests in large capitalization companies. The fund may invest in securities of foreign issuers, including securities of emerging market country issuers.
Mainstay Wmc Mutual Fund Technical Analysis
Mainstay Wmc 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 Wmc Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Mainstay Wmc Value 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 Wmc December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Wmc 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 Wmc shares will generate the highest return on investment. By undertsting and applying Mainstay Wmc mutual fund market strength indicators, traders can identify Mainstay Wmc Value entry and exit signals to maximize returns
Mainstay Wmc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Wmc'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 | 0.0032 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.10) | |||
Treynor Ratio | (0.10) |
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Volume Indicators |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Wmc 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 Wmc security.
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |