Mainstay Government Fund Technical Analysis
MCSGXDelisted Fund | USD 7.41 0.00 0.00% |
As of the 20th of April, Mainstay Government secures the Downside Deviation of 0.4151, mean deviation of 0.3033, and Risk Adjusted Performance of 0.079. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Government, 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 analyze and collect data for nineteen technical drivers for Mainstay Government, which can be compared to its peers in the industry. Please verify Mainstay Government downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Mainstay Government Fund is priced some-what accurately, providing market reflects its recent price of 7.41 per share.
Mainstay Government 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 Government 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 Government Technical Analysis
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Mainstay Government Trend Analysis
Use this graph to draw trend lines for Mainstay Government Fund. You can use it to identify possible trend reversals for Mainstay Government 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 Government price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mainstay Government Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mainstay Government Fund applied against its price change over selected period. The best fit line has a slop of 0 , which means Mainstay Government Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.23, which is the sum of squared deviations for the predicted Mainstay Government price change compared to its average price change.About Mainstay Government 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 Government Fund 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 Government Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mainstay Government price pattern first instead of the macroeconomic environment surrounding Mainstay Government. By analyzing Mainstay Government'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 Government'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 Government specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mainstay Government April 20, 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 | 0.079 | |||
Market Risk Adjusted Performance | 0.3667 | |||
Mean Deviation | 0.3033 | |||
Semi Deviation | 0.2253 | |||
Downside Deviation | 0.4151 | |||
Coefficient Of Variation | 724.89 | |||
Standard Deviation | 0.3981 | |||
Variance | 0.1584 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | 0.0354 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.3567 | |||
Maximum Drawdown | 2.15 | |||
Value At Risk | (0.68) | |||
Potential Upside | 0.6649 | |||
Downside Variance | 0.1723 | |||
Semi Variance | 0.0507 | |||
Expected Short fall | (0.41) | |||
Skewness | 0.1158 | |||
Kurtosis | 0.8134 |
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 price. Note that the Mainstay Government information on this page should be used as a complementary analysis to other Mainstay Government'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Mainstay Mutual Fund
If you are still planning to invest in Mainstay Government check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mainstay Government's history and understand the potential risks before investing.
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