Mainstay Income Builder Fund Technical Analysis
| MKTRX Fund | USD 17.26 0.71 0.00% |
As of the 24th of April, Mainstay Income secures the Risk Adjusted Performance of 0.0186, downside deviation of 0.5683, and Mean Deviation of 0.3964. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Me Builder, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Mainstay Income, which can be compared to its peers in the industry. Please verify Mainstay Me Builder downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Mainstay Income Builder is priced some-what accurately, providing market reflects its recent price of 19.07 per share.
Mainstay Income Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mainstay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MainstayMainstay |
Mainstay Income 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 Me Builder Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Mainstay Me Builder volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mainstay Me Builder Trend Analysis
Use this graph to draw trend lines for Mainstay Income Builder. You can use it to identify possible trend reversals for Mainstay Income as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mainstay Income price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mainstay Income Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mainstay Income Builder applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Mainstay Income Builder will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.46, which is the sum of squared deviations for the predicted Mainstay Income price change compared to its average price change.About Mainstay Income Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Mainstay Income Builder on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Mainstay Income Builder based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mainstay Me Builder price pattern first instead of the macroeconomic environment surrounding Mainstay Me Builder. By analyzing Mainstay Income's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Mainstay Income's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Mainstay Income specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mainstay Income April 24, 2024 Technical Indicators
Most technical analysis of Mainstay help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mainstay from various momentum indicators to cycle indicators. When you analyze Mainstay charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0186 | |||
| Market Risk Adjusted Performance | 0.7309 | |||
| Mean Deviation | 0.3964 | |||
| Semi Deviation | 0.5325 | |||
| Downside Deviation | 0.5683 | |||
| Coefficient Of Variation | 3071.34 | |||
| Standard Deviation | 0.5308 | |||
| Variance | 0.2817 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | 0.0064 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.7209 | |||
| Maximum Drawdown | 2.61 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.8515 | |||
| Downside Variance | 0.3229 | |||
| Semi Variance | 0.2836 | |||
| Expected Short fall | (0.41) | |||
| Skewness | (0.36) | |||
| Kurtosis | 0.5922 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Income Builder. 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 metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.