Mainstay Moderate Growth Fund Price on November 25, 2024
| MGDBX Fund | USD 16.65 0.05 0.30% |
Below is the normalized historical share price chart for Mainstay Moderate Growth extending back to April 04, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mainstay Moderate stands at 16.65, as last reported on the 29th of November, with the highest price reaching 16.65 and the lowest price hitting 16.65 during the day.
If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mainstay Mutual Fund to be very steady. Mainstay Moderate Growth has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mainstay Moderate, which you can use to evaluate the volatility of the fund. Please verify Mainstay Moderate's Risk Adjusted Performance of 0.0791, mean deviation of 0.4589, and Downside Deviation of 0.6385 to check out if the risk estimate we provide is consistent with the expected return of 0.0924%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.1652
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mainstay Moderate is performing at about 13% 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 Moderate by adding it to a well-diversified portfolio.
Mainstay Moderate Valuation on November 25, 2024
It is possible to determine the worth of Mainstay Moderate on a given historical date. On November 25, 2024 Mainstay was worth 16.63 at the beginning of the trading date compared to the closed value of 16.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Moderate mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Moderate'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 Moderate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Moderate's related companies.
| Open | High | Low | Close | Volume | |
| 16.51 | 16.51 | 16.51 | 16.51 | 1.00 | |
11/25/2024 | 16.63 | 16.63 | 16.63 | 16.63 | 1.00 |
| 16.62 | 16.62 | 16.62 | 16.62 | 1.00 |
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Mainstay Moderate Trading Date Momentum on November 25, 2024
| On November 26 2024 Mainstay Moderate Growth was traded for 16.62 at the closing time. The highest daily price throughout the period was 16.62 and the lowest price was 16.62 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 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 0.12% . |
Mainstay Moderate Growth Fundamentals Correlations and Trends
By evaluating Mainstay Moderate'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 Moderate'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 Moderate Mutual Fund history
Mainstay Moderate 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 Moderate Growth 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 Moderate stock prices may prove useful in developing a viable investing in Mainstay Moderate
The fund is a fund of funds that seeks to achieve its investment objective by investing primarily in mutual funds and ETFs managed by New York Life Investments or its affiliates. It seeks to achieve its investment objective by normally investing approximately 80 percent of its assets in underlying equity funds, and approximately 20 percent of its assets in underlying fixed-income funds.
Mainstay Moderate Mutual Fund Technical Analysis
Mainstay Moderate 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.
Price Boundaries
Mainstay Moderate Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Mainstay Moderate Growth 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 Moderate November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Moderate 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 Moderate shares will generate the highest return on investment. By undertsting and applying Mainstay Moderate mutual fund market strength indicators, traders can identify Mainstay Moderate Growth entry and exit signals to maximize returns
Mainstay Moderate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Moderate'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.
| Risk Adjusted Performance | 0.0791 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0782 |
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Other Information on Investing in Mainstay Mutual Fund
Mainstay Moderate 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 Moderate security.
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