If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its stock price. As of today, the current price of Mainstay Conservative stands at 10.45, as last reported on the 28th of February, with the highest price reaching 10.45 and the lowest price hitting 10.45 during the day. We consider Mainstay Conservative very steady. Mainstay Conservative Etf has Sharpe Ratio of 0.13, which conveys that the entity had 0.13% return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Mainstay Conservative, which you can use to evaluate the future volatility of the fund. Please verify Mainstay Conservative's Risk Adjusted Performance of 0.089, downside deviation of 0.4946, and Mean Deviation of 0.357 to check out if the risk estimate we provide is consistent with the expected return of 0.0646%. Mainstay Mutual Fund stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1304
Estimated Market Risk
Mainstay Conservative Main Headline on 30th of September 2022
Mainstay Conservative Valuation on September 30, 2022
It is possible to determine the worth of Mainstay Conservative on a given historical date. On September 30, 2022 Mainstay was worth 9.24 at the beginning of the trading date compared to the closed value of 9.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Conservative mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Conservative'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 Conservative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Conservative's related companies.
Mainstay Conservative Trading Date Momentum on September 30, 2022
|On October 03 2022 Mainstay Conservative Etf was traded for 9.39 at the closing time. The highest daily price throughout the period was 9.39 and the lowest price was 9.39 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2022 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.62% . The trading delta at closing time to current closing price is 0.54% .
Mainstay Conservative Etf Fundamentals Correlations and TrendsBy evaluating Mainstay Conservative'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 Conservative'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 Conservative Mutual Fund history
Mainstay Conservative 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 Conservative Etf 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 Conservative stock prices may prove useful in developing a viable investing in Mainstay Conservative
Mainstay Conservative Mutual Fund Technical Analysis
Mainstay Conservative 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.
Mainstay Conservative Period Price Range
|September 30, 2022
Mainstay Conservative February 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Conservative 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 Conservative shares will generate the highest return on investment. By undertsting and applying Mainstay Conservative mutual fund market strength indicators, traders can identify Mainstay Conservative Etf entry and exit signals to maximize returns
Mainstay Conservative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay stock's 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 stock 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Conservative Etf. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.Note that the Mainstay Conservative Etf information on this page should be used as a complementary analysis to other Mainstay Conservative's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Mainstay Mutual Fund analysis
When running Mainstay Conservative's price analysis, check to measure Mainstay Conservative's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mainstay Conservative is operating at the current time. Most of Mainstay Conservative's value examination focuses on studying past and present price action to predict the probability of Mainstay Conservative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainstay Conservative's price. Additionally, you may evaluate how the addition of Mainstay Conservative to your portfolios can decrease your overall portfolio volatility.
|Price Exposure Probability
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