Mainstay Large Cap Fund Technical Analysis
| MLRSX Fund | USD 14.23 0.01 0.07% |
As of the 26th of November, Mainstay Large secures the Risk Adjusted Performance of 0.0911, mean deviation of 0.7936, and Downside Deviation of 1.43. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Large Cap, as well as the relationship between them.
Mainstay Large Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mainstay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MainstayMainstay |
Mainstay Large 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.
Mainstay Large Cap Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Mainstay Large Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mainstay Large Cap Trend Analysis
Use this graph to draw trend lines for Mainstay Large Cap. You can use it to identify possible trend reversals for Mainstay Large as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mainstay Large price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mainstay Large Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mainstay Large Cap applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Mainstay Large Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.32, which is the sum of squared deviations for the predicted Mainstay Large price change compared to its average price change.About Mainstay Large Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Mainstay Large Cap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Mainstay Large Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mainstay Large Cap price pattern first instead of the macroeconomic environment surrounding Mainstay Large Cap. By analyzing Mainstay Large's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Mainstay Large's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Mainstay Large specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mainstay Large November 26, 2024 Technical Indicators
Most technical analysis of Mainstay help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mainstay from various momentum indicators to cycle indicators. When you analyze Mainstay charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0911 | |||
| Market Risk Adjusted Performance | (1.99) | |||
| Mean Deviation | 0.7936 | |||
| Semi Deviation | 1.16 | |||
| Downside Deviation | 1.43 | |||
| Coefficient Of Variation | 870.13 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.29 | |||
| Information Ratio | 0.0018 | |||
| Jensen Alpha | 0.1278 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0014 | |||
| Treynor Ratio | (2.00) | |||
| Maximum Drawdown | 5.49 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.72 | |||
| Downside Variance | 2.04 | |||
| Semi Variance | 1.35 | |||
| Expected Short fall | (0.82) | |||
| Skewness | (0.67) | |||
| Kurtosis | 1.87 |
Mainstay Large Cap One Year Return
Based on the recorded statements, Mainstay Large Cap has an One Year Return of 37.4572%. This is 292.63% higher than that of the MainStay family and 164.53% higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Other Information on Investing in Mainstay Mutual Fund
Mainstay Large 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 Large security.
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