Mainstay Tax Free Fund Analysis
| MTFCX Fund | USD 9.47 0.02 0.21% |
Mainstay Tax Free is overvalued with Real Value of 9.07 and Hype Value of 9.47. The main objective of Mainstay Tax fund analysis is to determine its intrinsic value, which is an estimate of what Mainstay Tax Free is worth, separate from its market price. There are two main types of Mainstay Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Mainstay Tax Free. On the other hand, technical analysis, focuses on the price and volume data of Mainstay Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Mainstay Tax mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Mainstay |
Mainstay Mutual Fund Analysis Notes
The fund maintains about 14.05% of assets in cash. Mainstay Tax Free last dividend was 0.02 per share. Large To find out more about Mainstay Tax Free contact the company at 800-624-6782.Mainstay Tax Free Investment Alerts
| The fund generated three year return of -1.0% | |
| Mainstay Tax Free maintains about 14.05% of its assets in cash |
Mainstay Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mainstay Tax's market, we take the total number of its shares issued and multiply it by Mainstay Tax's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Top Mainstay Tax Free Mutual Fund Constituents
Technical Drivers
As of the 30th of November, Mainstay Tax secures the Risk Adjusted Performance of 0.0397, mean deviation of 0.1533, and Downside Deviation of 0.4242. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Tax Free, as well as the relationship between them.Mainstay Tax Free Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mainstay Tax middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mainstay Tax Free. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Mainstay Tax Outstanding Bonds
Mainstay Tax issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mainstay Tax Free uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mainstay bonds can be classified according to their maturity, which is the date when Mainstay Tax Free has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Mainstay Tax Predictive Daily Indicators
Mainstay Tax intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mainstay Tax mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.47 | |||
| Day Typical Price | 9.47 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 53.23 |
Mainstay Tax Forecast Models
Mainstay Tax's time-series forecasting models are one of many Mainstay Tax's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mainstay Tax's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Mainstay Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Mainstay Tax prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mainstay shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Mainstay Tax. By using and applying Mainstay Mutual Fund analysis, traders can create a robust methodology for identifying Mainstay entry and exit points for their positions.
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.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Mainstay Tax to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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