Mainstay Balanced Fund Price on September 9, 2024

MBINX Fund  USD 30.21  0.93  0.77%   
If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mainstay Balanced stands at 32.63, as last reported on the 24th of November, with the highest price reaching 32.63 and the lowest price hitting 32.63 during the day. At this stage we consider Mainstay Mutual Fund to be very steady. Mainstay Balanced has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mainstay Balanced, which you can use to evaluate the volatility of the fund. Please verify Mainstay Balanced's Risk Adjusted Performance of 0.0733, mean deviation of 0.3163, and Downside Deviation of 0.3794 to check out if the risk estimate we provide is consistent with the expected return of 0.0449%.
  
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1062

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Estimated Market Risk

 0.42
  actual daily
3
97% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Mainstay Balanced is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstay Balanced by adding it to a well-diversified portfolio.

Mainstay Balanced Valuation on September 9, 2024

It is possible to determine the worth of Mainstay Balanced on a given historical date. On September 9, 2024 Mainstay was worth 31.49 at the beginning of the trading date compared to the closed value of 31.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Balanced mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Balanced's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mainstay Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Balanced's related companies.
 Open High Low Close Volume
  31.34    31.34    31.34    31.34    1.00  
09/09/2024
  31.49    31.49    31.49    31.49    1.00  
  31.47    31.47    31.47    31.47    1.00  
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Open Value
31.49
31.49
Closing Value
32.76
Upside

Mainstay Balanced Trading Date Momentum on September 9, 2024

On September 10 2024 Mainstay Balanced Fund was traded for  31.47  at the closing time. The highest daily price throughout the period was 31.47  and the lowest price was  31.47 . There was no trading activity during the period 1.0. Lack of trading volume on 09/10/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.06% . The trading delta at closing time to current closing price is 1.91% .

Mainstay Balanced Fundamentals Correlations and Trends

By evaluating Mainstay Balanced's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mainstay Balanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mainstay financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mainstay Balanced Mutual Fund history

Mainstay Balanced investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mainstay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mainstay Balanced will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mainstay Balanced stock prices may prove useful in developing a viable investing in Mainstay Balanced
The fund invests approximately 60 percent of its assets in stocks and 40 percent of its assets in fixed-income securities and cash equivalents. Mainstay Balanced is traded on NASDAQ Exchange in the United States.

Mainstay Balanced Mutual Fund Technical Analysis

Mainstay Balanced 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.
A focus of Mainstay Balanced technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mainstay Balanced trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mainstay Balanced Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mainstay Balanced Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Mainstay Balanced November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Mainstay Balanced mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mainstay Balanced shares will generate the highest return on investment. By undertsting and applying Mainstay Balanced mutual fund market strength indicators, traders can identify Mainstay Balanced Fund entry and exit signals to maximize returns

Mainstay Balanced Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mainstay Balanced's price direction in advance. Along with the technical and fundamental analysis of Mainstay Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mainstay to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Mainstay Mutual Fund

Mainstay Balanced financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Balanced security.
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