Mainstay Large Cap Fund Price on October 23, 2024
| MLABX Fund | USD 6.50 0.06 0.93% |
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 Large stands at 6.50, as last reported on the 27th of November, with the highest price reaching 6.50 and the lowest price hitting 6.50 during the day. At this stage we consider Mainstay Mutual Fund to be not too volatile. Mainstay Large Cap has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mainstay Large, which you can use to evaluate the volatility of the fund. Please verify Mainstay Large's Mean Deviation of 0.7787, downside deviation of 1.46, and Risk Adjusted Performance of 0.1097 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.1392
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MLABX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Mainstay Large is performing at about 10% 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 Large by adding it to a well-diversified portfolio.
Mainstay Large Valuation on October 23, 2024
It is possible to determine the worth of Mainstay Large on a given historical date. On October 23, 2024 Mainstay was worth 6.17 at the beginning of the trading date compared to the closed value of 6.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Large mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Large'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 Large where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Large's related companies.
| Open | High | Low | Close | Volume | |
| 6.25 | 6.25 | 6.25 | 6.25 | 1.00 | |
10/23/2024 | 6.17 | 6.17 | 6.17 | 6.17 | 1.00 |
| 6.20 | 6.20 | 6.20 | 6.20 | 1.00 |
| Backtest Mainstay Large | | | Mainstay Large History | | | Mainstay Large Valuation | Previous | Next |
Mainstay Large Trading Date Momentum on October 23, 2024
| On October 24 2024 Mainstay Large Cap was traded for 6.20 at the closing time. The highest daily price throughout the period was 6.20 and the lowest price was 6.20 . There was no trading activity during the period 1.0. Lack of trading volume on 10/24/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.49% . The trading delta at closing time to current closing price is 1.13% . |
Mainstay Large Cap Fundamentals Correlations and Trends
By evaluating Mainstay Large'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 Large'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 Large Mutual Fund history
Mainstay Large 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 Large Cap 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 Large stock prices may prove useful in developing a viable investing in Mainstay Large
The fund invests at least 80 percent of its assets in large capitalization companies, which are companies having a market capitalization in excess of 4 billion at the time of purchase. Mainstay Large is traded on NASDAQ Exchange in the United States.
Mainstay Large Mutual Fund Technical Analysis
Mainstay Large 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 Large Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Mainstay Large Cap 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 Large November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Large 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 Large shares will generate the highest return on investment. By undertsting and applying Mainstay Large mutual fund market strength indicators, traders can identify Mainstay Large Cap entry and exit signals to maximize returns
Mainstay Large Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Large'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 | 0.1097 | |||
| Jensen Alpha | 0.1347 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | 1.36 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Large 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 Large security.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |