Mainstay Indexed Bond Fund Technical Analysis
| MIXAX Fund | USD 9.05 0.01 0.11% |
As of the 25th of April, Mainstay Indexed secures the Mean Deviation of 0.098, risk adjusted performance of 0.0034, and Downside Deviation of 0.2131. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Indexed Bond, 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 nineteen technical drivers for Mainstay Indexed, which can be compared to its peers in the industry. Please verify Mainstay Indexed Bond downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Mainstay Indexed Bond is priced some-what accurately, providing market reflects its recent price of 9.05 per share.
Mainstay Indexed 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 Indexed 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 Indexed Bond Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Indexed Bond volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mainstay Indexed Bond Trend Analysis
Use this graph to draw trend lines for Mainstay Indexed Bond. You can use it to identify possible trend reversals for Mainstay Indexed 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 Indexed price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mainstay Indexed Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mainstay Indexed Bond applied against its price change over selected period. The best fit line has a slop of 0.0005 , which means Mainstay Indexed Bond will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Mainstay Indexed price change compared to its average price change.About Mainstay Indexed 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 Indexed Bond 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 Indexed Bond based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mainstay Indexed Bond price pattern first instead of the macroeconomic environment surrounding Mainstay Indexed Bond. By analyzing Mainstay Indexed'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 Indexed'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 Indexed specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mainstay Indexed April 25, 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 | 0.0034 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 0.098 | |||
| Semi Deviation | 0.0868 | |||
| Downside Deviation | 0.2131 | |||
| Coefficient Of Variation | 1682.39 | |||
| Standard Deviation | 0.1428 | |||
| Variance | 0.0204 | |||
| Information Ratio | (0.61) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 0.8801 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.2217 | |||
| Downside Variance | 0.0454 | |||
| Semi Variance | 0.0075 | |||
| Expected Short fall | (0.15) | |||
| Skewness | (0.40) | |||
| Kurtosis | 1.91 |
Mainstay Indexed April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Mainstay stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 9.05 | ||
| Day Typical Price | 9.05 | ||
| Price Action Indicator | 0.00 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Indexed Bond. 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 Indexed Bond information on this page should be used as a complementary analysis to other Mainstay Indexed'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.