Mainstay California Tax Fund Price on December 3, 2024
| MSCVX Fund | USD 9.88 0.02 0.20% |
Below is the normalized historical share price chart for Mainstay California Tax extending back to February 28, 2013. 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 California stands at 9.88, as last reported on the 11th of December 2024, with the highest price reaching 9.88 and the lowest price hitting 9.88 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 California Tax has Sharpe Ratio of 0.0698, which conveys that the entity had a 0.0698% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mainstay California, which you can use to evaluate the volatility of the fund. Please verify Mainstay California's Risk Adjusted Performance of 0.0468, mean deviation of 0.148, and Downside Deviation of 0.3408 to check out if the risk estimate we provide is consistent with the expected return of 0.0167%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.0698
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| Negative Returns | MSCVX |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mainstay California is performing at about 5% 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 California by adding it to a well-diversified portfolio.
Mainstay California Valuation on December 3, 2024
It is possible to determine the worth of Mainstay California on a given historical date. On December 3, 2024 Mainstay was worth 9.89 at the beginning of the trading date compared to the closed value of 9.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay California mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay California'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 California where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay California's related companies.
| Open | High | Low | Close | Volume | |
| 9.88 | 9.88 | 9.88 | 9.88 | 1.00 | |
12/03/2024 | 9.89 | 9.89 | 9.89 | 9.89 | 1.00 |
| 9.89 | 9.89 | 9.89 | 9.89 | 1.00 |
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Mainstay California Trading Date Momentum on December 3, 2024
| On December 04 2024 Mainstay California Tax was traded for 9.89 at the closing time. The highest daily price throughout the period was 9.89 and the lowest price was 9.89 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 did not cause price change. The trading delta at closing time to current closing price is 0.10% . |
Mainstay California Tax Fundamentals Correlations and Trends
By evaluating Mainstay California'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 California'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 California Mutual Fund history
Mainstay California 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 California Tax 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 California stock prices may prove useful in developing a viable investing in Mainstay California
The fund invests at least 80 percent of its assets in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes. It may invest up to 20 percent of its net assets in municipal bonds subject to the federal alternative minimum tax, and municipal bonds that pay interest that is subject to federal and California income taxes.
Mainstay California Mutual Fund Technical Analysis
Mainstay California 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 California Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Mainstay California Tax 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 California December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay California 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 California shares will generate the highest return on investment. By undertsting and applying Mainstay California mutual fund market strength indicators, traders can identify Mainstay California Tax entry and exit signals to maximize returns
Mainstay California Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay California'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 | 0.0468 | |||
| Jensen Alpha | 0.0105 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 1.02 |
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Other Information on Investing in Mainstay Mutual Fund
Mainstay California 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 California security.
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