Mainstay Tax Free Fund Price History
MTBAX Fund | USD 9.43 0.01 0.11% |
Below is the normalized historical share price chart for Mainstay Tax Free extending back to January 06, 1995. 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 Tax stands at 9.43, as last reported on the 27th of November, with the highest price reaching 9.43 and the lowest price hitting 9.43 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 Tax Free has Sharpe Ratio of 0.0502, which conveys that the entity had a 0.0502% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mainstay Tax, which you can use to evaluate the volatility of the fund. Please verify Mainstay Tax's Downside Deviation of 0.3624, risk adjusted performance of 0.0046, and Mean Deviation of 0.1431 to check out if the risk estimate we provide is consistent with the expected return of 0.0121%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.0502
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Estimated Market Risk
0.24 actual daily | 2 98% 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 | 3 97% of assets perform better |
Based on monthly moving average Mainstay Tax is performing at about 3% 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 Tax by adding it to a well-diversified portfolio.
Mainstay Tax Mutual Fund Price History Chart
There are several ways to analyze Mainstay Tax Free Fund price data. The simplest method is using a basic Mainstay candlestick price chart, which shows Mainstay Tax price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 1, 2024 | 9.51 |
Lowest Price | November 6, 2024 | 9.27 |
Mainstay Tax November 27, 2024 Mutual Fund Price Synopsis
Various analyses of Mainstay Tax's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mainstay Mutual Fund. It can be used to describe the percentage change in the price of Mainstay Tax from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mainstay Mutual Fund.Mainstay Tax Price Rate Of Daily Change | 1.00 |
Mainstay Tax November 27, 2024 Mutual Fund Price Analysis
Mainstay Mutual Fund Price History Data
The price series of Mainstay Tax for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 0.24 with a coefficient of variation of 0.57. The daily prices for the period are spread out with arithmetic mean of 9.4. The median price for the last 90 days is 9.4. The company issued dividends to stockholders on 30th of April 2020.Open | High | Low | Close | Volume | ||
11/26/2024 | 9.43 | 9.43 | 9.43 | 9.43 | 1.00 | |
11/25/2024 | 9.42 | 9.42 | 9.42 | 9.42 | 1.00 | |
11/22/2024 | 9.39 | 9.39 | 9.39 | 9.39 | 1.00 | |
11/21/2024 | 9.39 | 9.39 | 9.39 | 9.39 | 1.00 | |
11/20/2024 | 9.39 | 9.39 | 9.39 | 9.39 | 1.00 | |
11/19/2024 | 9.39 | 9.39 | 9.39 | 9.39 | 1.00 | |
11/18/2024 | 9.37 | 9.37 | 9.37 | 9.37 | 1.00 | |
11/15/2024 | 9.37 | 9.37 | 9.37 | 9.37 | 1.00 | |
11/14/2024 | 9.38 | 9.38 | 9.38 | 9.38 | 1.00 | |
11/13/2024 | 9.37 | 9.37 | 9.37 | 9.37 | 1.00 | |
11/12/2024 | 9.36 | 9.36 | 9.36 | 9.36 | 1.00 | |
11/11/2024 | 9.37 | 9.37 | 9.37 | 9.37 | 1.00 | |
11/08/2024 | 9.37 | 9.37 | 9.37 | 9.37 | 1.00 | |
11/07/2024 | 9.30 | 9.30 | 9.30 | 9.30 | 1.00 | |
11/06/2024 | 9.27 | 9.27 | 9.27 | 9.27 | 1.00 | |
11/05/2024 | 9.36 | 9.36 | 9.36 | 9.36 | 1.00 | |
11/04/2024 | 9.36 | 9.36 | 9.36 | 9.36 | 1.00 | |
11/01/2024 | 9.34 | 9.34 | 9.34 | 9.34 | 1.00 | |
10/31/2024 | 9.34 | 9.34 | 9.34 | 9.34 | 1.00 | |
10/30/2024 | 9.31 | 9.31 | 9.31 | 9.31 | 1.00 | |
10/29/2024 | 9.30 | 9.30 | 9.30 | 9.30 | 1.00 | |
10/28/2024 | 9.32 | 9.32 | 9.32 | 9.32 | 1.00 | |
10/25/2024 | 9.32 | 9.32 | 9.32 | 9.32 | 1.00 | |
10/24/2024 | 9.29 | 9.29 | 9.29 | 9.29 | 1.00 | |
10/23/2024 | 9.29 | 9.29 | 9.29 | 9.29 | 1.00 | |
10/22/2024 | 9.36 | 9.36 | 9.36 | 9.36 | 1.00 | |
10/21/2024 | 9.39 | 9.39 | 9.39 | 9.39 | 1.00 | |
10/18/2024 | 9.42 | 9.42 | 9.42 | 9.42 | 1.00 | |
10/17/2024 | 9.42 | 9.42 | 9.42 | 9.42 | 1.00 | |
10/16/2024 | 9.43 | 9.43 | 9.43 | 9.43 | 1.00 | |
10/15/2024 | 9.41 | 9.41 | 9.41 | 9.41 | 1.00 | |
10/14/2024 | 9.40 | 9.40 | 9.40 | 9.40 | 1.00 | |
10/11/2024 | 9.41 | 9.41 | 9.41 | 9.41 | 1.00 | |
10/10/2024 | 9.42 | 9.42 | 9.42 | 9.42 | 1.00 | |
10/09/2024 | 9.42 | 9.42 | 9.42 | 9.42 | 1.00 | |
10/08/2024 | 9.43 | 9.43 | 9.43 | 9.43 | 1.00 | |
10/07/2024 | 9.45 | 9.45 | 9.45 | 9.45 | 1.00 | |
10/04/2024 | 9.47 | 9.47 | 9.47 | 9.47 | 1.00 | |
10/03/2024 | 9.51 | 9.51 | 9.51 | 9.51 | 1.00 | |
10/02/2024 | 9.51 | 9.51 | 9.51 | 9.51 | 1.00 | |
10/01/2024 | 9.51 | 9.51 | 9.51 | 9.51 | 1.00 | |
09/30/2024 | 9.48 | 9.48 | 9.48 | 9.48 | 1.00 | |
09/27/2024 | 9.45 | 9.45 | 9.45 | 9.45 | 1.00 | |
09/26/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/25/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/24/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/23/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/20/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/19/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/18/2024 | 9.45 | 9.45 | 9.45 | 9.45 | 1.00 | |
09/17/2024 | 9.45 | 9.45 | 9.45 | 9.45 | 1.00 | |
09/16/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/13/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/12/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/11/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/10/2024 | 9.44 | 9.44 | 9.44 | 9.44 | 1.00 | |
09/09/2024 | 9.42 | 9.42 | 9.42 | 9.42 | 1.00 | |
09/06/2024 | 9.41 | 9.41 | 9.41 | 9.41 | 1.00 | |
09/05/2024 | 9.40 | 9.40 | 9.40 | 9.40 | 1.00 | |
09/04/2024 | 9.39 | 9.39 | 9.39 | 9.39 | 1.00 | |
09/03/2024 | 9.38 | 9.38 | 9.38 | 9.38 | 1.00 |
About Mainstay Tax Mutual Fund history
Mainstay Tax 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 Tax Free 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 Tax stock prices may prove useful in developing a viable investing in Mainstay Tax
The fund, under normal circumstances, invests at least 80 percent of its assets in municipal bonds that are rated investment grade. On average, it will invest in municipal bonds that have a maturity range of 10 to 30 years. The fund may not invest more than 20 percent of its net assets in tax-exempt securities subject to the federal alternative minimum tax.
Mainstay Tax Mutual Fund Technical Analysis
Mainstay Tax 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.
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Mainstay Tax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Tax'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 | 0.0046 | |||
Jensen Alpha | 0.0083 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.33) | |||
Treynor Ratio | 0.0197 |
Cycle Indicators | ||
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Other Information on Investing in Mainstay Mutual Fund
Mainstay Tax 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 Tax security.
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