Mainstay Total Return Fund Price on April 25, 2023

MTMIX Fund  USD 9.00  0.02  0.22%   
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 Total stands at 9.00, as last reported on the 30th of December, with the highest price reaching 9.00 and the lowest price hitting 9.00 during the day. Mainstay Total Return has Sharpe Ratio of -0.22, which conveys that the entity had a -0.22% return per unit of risk over the last 3 months. Mainstay Total exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mainstay Total's Standard Deviation of 0.3176, risk adjusted performance of (0.19), and Mean Deviation of 0.2363 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.

Sharpe Ratio = -0.2157

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Estimated Market Risk

 0.32
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.22
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mainstay Total 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 Total by adding Mainstay Total to a well-diversified portfolio.

Mainstay Total Valuation on April 25, 2023

It is possible to determine the worth of Mainstay Total on a given historical date. On April 25, 2023 Mainstay was worth 8.45 at the beginning of the trading date compared to the closed value of 8.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Total mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Total'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 Total where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Total's related companies.
 Open High Low Close Volume
  8.38    8.38    8.38    8.38    1.00  
04/25/2023
  8.45    8.45    8.45    8.45    1.00  
  8.42    8.42    8.42    8.42    1.00  
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Open Value
8.45
8.45
Closing Value
9.40
Upside

Mainstay Total Trading Date Momentum on April 25, 2023

On April 26 2023 Mainstay Total Return was traded for  8.42  at the closing time. The highest daily price throughout the period was 8.42  and the lowest price was  8.42 . There was no trading activity during the period 1.0. Lack of trading volume on 04/26/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.36% . The trading delta at closing time to current closing price is 0.59% .

Mainstay Total Return Fundamentals Correlations and Trends

By evaluating Mainstay Total'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 Total'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 Total Mutual Fund history

Mainstay Total 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 Total Return 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 Total stock prices may prove useful in developing a viable investing in Mainstay Total

Mainstay Total Mutual Fund Technical Analysis

Mainstay Total 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.
A focus of Mainstay Total technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mainstay Total trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mainstay Total Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mainstay Total Return 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 Total December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Mainstay Total 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 Total shares will generate the highest return on investment. By undertsting and applying Mainstay Total mutual fund market strength indicators, traders can identify Mainstay Total Return entry and exit signals to maximize returns

Mainstay Total Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mainstay Total'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.

Other Information on Investing in Mainstay Mutual Fund

Mainstay Total 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 Total security.
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