Mainstay Sp 500 Fund Price on August 9, 2023
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 Sp 500 has Sharpe Ratio of 0.0472, which conveys that the entity had a 0.0472% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Mainstay, which you can use to evaluate the volatility of the fund. Please verify Mainstay's Downside Deviation of 1.18, mean deviation of 0.5504, and Risk Adjusted Performance of 0.0362 to check out if the risk estimate we provide is consistent with the expected return of 0.0428%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.0472
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MSXMX |
Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mainstay is performing at about 3% 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 by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Mainstay Mutual Fund history
Mainstay 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 Sp 500 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 stock prices may prove useful in developing a viable investing in Mainstay
The investment seeks investment results that correspond to the total return performance of common stocks in the aggregate, as represented by the SP 500 Index. Mainstay Mackay is traded on NASDAQ Exchange in the United States.
Mainstay Mutual Fund Technical Analysis
Mainstay 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 Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Mainstay Sp 500 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 December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay 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 shares will generate the highest return on investment. By undertsting and applying Mainstay mutual fund market strength indicators, traders can identify Mainstay Sp 500 entry and exit signals to maximize returns
Mainstay Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay'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 | 0.0362 | |||
| Jensen Alpha | 0.0365 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.81) |
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| Volume Indicators |
Other Information on Investing in Mainstay Mutual Fund
Mainstay 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 security.
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