Mainstay Mackay Short Fund Price on June 2, 2023

MSTEX Fund  USD 9.28  0.01  0.11%   
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 Mackay stands at 9.28, as last reported on the 23rd of November, with the highest price reaching 9.28 and the lowest price hitting 9.28 during the day. At this stage we consider Mainstay Mutual Fund to be very steady. Mainstay Mackay Short has Sharpe Ratio of 0.0542, which conveys that the entity had a 0.0542% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mainstay Mackay, which you can use to evaluate the volatility of the fund. Please verify Mainstay Mackay's Downside Deviation of 0.189, risk adjusted performance of (0.01), and Mean Deviation of 0.0751 to check out if the risk estimate we provide is consistent with the expected return of 0.0068%.
  
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0542

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Estimated Market Risk

 0.13
  actual daily
1
99% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Mainstay Mackay is performing at about 4% 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 Mackay by adding it to a well-diversified portfolio.

Mainstay Mackay Main Headline on 2nd of June 2023

Man pointed gun at passing cars, followed home by DEA agent ... KPRC Click2Houston

Mainstay Mackay Valuation on June 2, 2023

It is possible to determine the worth of Mainstay Mackay on a given historical date. On June 2, 2023 Mainstay was worth 8.79 at the beginning of the trading date compared to the closed value of 8.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Mackay mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Mackay'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 Mackay where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Mackay's related companies.
 Open High Low Close Volume
  8.79    8.79    8.79    8.79    1.00  
06/02/2023
  8.79    8.79    8.79    8.79    1.00  
  8.79    8.79    8.79    8.79    1.00  
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Open Value
8.79
8.79
Closing Value
9.17
Upside

Mainstay Mackay Trading Date Momentum on June 2, 2023

On June 05 2023 Mainstay Mackay Short was traded for  8.79  at the closing time. The highest daily price throughout the period was 8.79  and the lowest price was  8.79 . There was no trading activity during the period 1.0. Lack of trading volume on 06/05/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

About Mainstay Mackay Mutual Fund history

Mainstay Mackay 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 Mackay Short 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 Mackay stock prices may prove useful in developing a viable investing in Mainstay Mackay
The fund normally invests at least 80 percent of its assets in municipal debt securities. It invests in an actively managed, diversified portfolio of tax-exempt municipal debt securities. The fund invests in investment grade securities. It may also invest up to 10 percent of its net assets in taxable municipal debt securities. Normally, the fund will have a dollar-weighted average maturity of three years or less.

Mainstay Mackay Mutual Fund Technical Analysis

Mainstay Mackay 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 Mackay technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mainstay Mackay 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 Mackay Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mainstay Mackay Short 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 Mackay November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Mainstay Mackay 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 Mackay shares will generate the highest return on investment. By undertsting and applying Mainstay Mackay mutual fund market strength indicators, traders can identify Mainstay Mackay Short entry and exit signals to maximize returns

Mainstay Mackay Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mainstay Mackay'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 Mackay 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 Mackay security.
Theme Ratings
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Equity Forecasting
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