Objective longshort Report - Stock Traders Daily
| MTBAX Fund | USD 9.28 0.03 0.32% |
Slightly above 61% of Mainstay Tax's investor base is looking to short. The analysis of overall sentiment of trading Mainstay Tax Free mutual fund suggests that many investors are alarmed at this time. Mainstay Tax's investor sentiment overview provides quick insight into current market opportunities from investing in Mainstay Tax Free. The current market sentiment, together with Mainstay Tax's historical and current headlines, can help investors time the market. In addition, many technical investors use Mainstay Tax Free fund news signals to limit their universe of possible portfolio assets and to time the market correctly.
Mainstay Tax mutual fund news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Mainstay daily returns and investor perception about the current price of Mainstay Tax Free as well as its diversification or hedging effects on your existing portfolios.
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Objective longshort Report Stock Traders Daily
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Mainstay Tax Fundamental Analysis
We analyze Mainstay Tax's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Tax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Tax based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
One Year Return
One Year Return Comparative Analysis
Mainstay Tax is currently under evaluation in one year return among similar funds. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Mainstay Tax Free Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mainstay Tax mutual fund to make a market-neutral strategy. Peer analysis of Mainstay Tax could also be used in its relative valuation, which is a method of valuing Mainstay Tax by comparing valuation metrics with similar companies.
Peers
Mainstay Tax Related Equities
| FSMUX | Strategic Advisers | 0.23 |
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| VWAHX | Vanguard High | 0.28 |
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| FFTQX | Franklin Federal | 0.28 |
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| VWLTX | Vanguard Long | 0.37 |
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| VWLUX | Vanguard Long | 0.37 |
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Check out Mainstay Tax Hype Analysis, Mainstay Tax Correlation and Mainstay Tax Performance. Note that the Mainstay Tax Free information on this page should be used as a complementary analysis to other Mainstay Tax'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.