As of the 1st of March, Mainstay Conservative secures the Downside Deviation of 0.4945, risk adjusted performance of 0.087, and Mean Deviation of 0.3555. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Conservative Etf, 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 Conservative, which can be compared to its peers in the industry. Please verify Mainstay Conservative Etf downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Mainstay Conservative Etf is priced some-what accurately, providing market reflects its recent price of 10.45 per share.
Mainstay Conservative Momentum AnalysisMomentum 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 Mainstay Mainstay Conservative's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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 Etf Technical Analysis
Mainstay Conservative Etf Trend AnalysisUse this graph to draw trend lines for Mainstay Conservative Etf. You can use it to identify possible trend reversals for Mainstay Conservative 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 Conservative price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Mainstay Conservative Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Mainstay Conservative Etf applied against its price change over selected period. The best fit line has a slop of 0 , which means Mainstay Conservative Etf will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.4, which is the sum of squared deviations for the predicted Mainstay Conservative price change compared to its average price change.
About Mainstay Conservative 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 Conservative Etf 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 Conservative Etf based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mainstay Conservative Etf price pattern first instead of the macroeconomic environment surrounding Mainstay Conservative Etf. By analyzing Mainstay Conservative'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 Conservative'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 Conservative specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mainstay Conservative March 1, 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.
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.
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