Mainstay Defined Term Fund Price on October 16, 2024
| XMMDX Fund | USD 16.72 0.01 0.06% |
Below is the normalized historical share price chart for Mainstay Defined Term extending back to July 26, 2012. 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 Defined stands at 16.72, as last reported on the 5th of January, with the highest price reaching 16.72 and the lowest price hitting 16.72 during the day.
If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its price. Mainstay Defined Term has Sharpe Ratio of -0.1, which conveys that the entity had a -0.1% return per unit of risk over the last 3 months. Mainstay Defined exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mainstay Defined's Mean Deviation of 0.2204, standard deviation of 0.322, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = -0.1025
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| Negative Returns | XMMDX |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mainstay Defined is not performing at its full potential. However, 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 Defined by adding Mainstay Defined to a well-diversified portfolio.
Mainstay Defined Valuation on October 16, 2024
It is possible to determine the worth of Mainstay Defined on a given historical date. On October 16, 2024 Mainstay was worth 17.0 at the beginning of the trading date compared to the closed value of 17.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Defined mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Defined'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 Defined where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Defined's related companies.
| Open | High | Low | Close | Volume | |
| 16.98 | 16.98 | 16.98 | 16.98 | 1.00 | |
10/16/2024 | 17.00 | 17.00 | 17.00 | 17.00 | 1.00 |
| 16.99 | 16.99 | 16.99 | 16.99 | 1.00 |
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Mainstay Defined Trading Date Momentum on October 16, 2024
| On October 17 2024 Mainstay Defined Term was traded for 16.99 at the closing time. The highest daily price throughout the period was 16.99 and the lowest price was 16.99 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.06% . The trading delta at closing time to current closing price is 1.06% . |
About Mainstay Defined Mutual Fund history
Mainstay Defined 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 Defined Term 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 Defined stock prices may prove useful in developing a viable investing in Mainstay Defined
Mainstay Defined Mutual Fund Technical Analysis
Mainstay Defined 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 Defined Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Mainstay Defined Term 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 Defined January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Mainstay Defined 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 Defined shares will generate the highest return on investment. By undertsting and applying Mainstay Defined mutual fund market strength indicators, traders can identify Mainstay Defined Term entry and exit signals to maximize returns
Mainstay Defined Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Defined'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 | (0.12) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (1.16) |
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Other Information on Investing in Mainstay Mutual Fund
Mainstay Defined 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 Defined security.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
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