Mainstay Income Builder Fund Price on November 4, 2024
| MTODX Fund | USD 21.37 0.04 0.19% |
Below is the normalized historical share price chart for Mainstay Income Builder extending back to March 02, 2018. 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 Income stands at 21.37, as last reported on the 30th of November, with the highest price reaching 21.37 and the lowest price hitting 21.37 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 Income Builder has Sharpe Ratio of 0.0871, which conveys that the entity had a 0.0871% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mainstay Income, which you can use to evaluate the volatility of the fund. Please verify Mainstay Income's Mean Deviation of 0.3726, downside deviation of 0.4965, and Risk Adjusted Performance of 0.0468 to check out if the risk estimate we provide is consistent with the expected return of 0.0395%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.0871
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Mainstay Income is performing at about 6% 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 Income by adding it to a well-diversified portfolio.
Mainstay Income Valuation on November 4, 2024
It is possible to determine the worth of Mainstay Income on a given historical date. On November 4, 2024 Mainstay was worth 20.83 at the beginning of the trading date compared to the closed value of 20.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Income mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Income'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 Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Income's related companies.
| Open | High | Low | Close | Volume | |
| 20.82 | 20.82 | 20.82 | 20.82 | 1.00 | |
11/04/2024 | 20.83 | 20.83 | 20.83 | 20.83 | 1.00 |
| 20.98 | 20.98 | 20.98 | 20.98 | 1.00 |
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Mainstay Income Trading Date Momentum on November 4, 2024
| On November 05 2024 Mainstay Income Builder was traded for 20.98 at the closing time. The highest daily price throughout the period was 20.98 and the lowest price was 20.98 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.72% . The trading delta at closing time to current closing price is 0.53% . |
Mainstay Income Builder Fundamentals Correlations and Trends
By evaluating Mainstay Income'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 Income'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 Income Mutual Fund history
Mainstay Income 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 Income Builder 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 Income stock prices may prove useful in developing a viable investing in Mainstay Income
The fund normally invests a minimum of 30 percent of its net assets in equity securities and a minimum of 30 percent of its net assets in debt securities. From time to time, it may temporarily invest less than 30 percent of its net assets in equity or debt securities as a result of market conditions, individual securities transactions or cash flow considerations.
Mainstay Income Mutual Fund Technical Analysis
Mainstay Income 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 Income Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Mainstay Income Builder 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 Income November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Income 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 Income shares will generate the highest return on investment. By undertsting and applying Mainstay Income mutual fund market strength indicators, traders can identify Mainstay Income Builder entry and exit signals to maximize returns
Mainstay Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Income'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 | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.0452 |
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Other Information on Investing in Mainstay Mutual Fund
Mainstay Income 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 Income security.
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