MainStay Cushing Technical Analysis

CURNX -- USA Fund  

USD 3.03  0.05  1.62%

As of the 24th of January MainStay Cushing secures Mean Deviation of 1.14, Downside Deviation of 1.77 and Risk Adjusted Performance of 0.0135. MainStay Cushing Royalty Energy technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the organization future prices. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for MainStay Cushing which can be compared to its peers in the industry. Please verify MainStay Cushing Roy Semi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if MainStay Cushing Royalty Energy is priced some-what accurately providing market reflects its recent price of 3.03 per share.
Horizon     30 Days    Login   to change

MainStay Cushing Roy Technical Analysis

The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of MainStay Cushing Roy volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

MainStay Cushing Roy Trend Analysis

Use this graph to draw trend lines for MainStay Cushing Royalty Energy. You can use it to identify possible trend reversals for MainStay Cushing 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 Cushing price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MainStay Cushing Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MainStay Cushing Royalty Energy applied against its price change over selected period. The best fit line has a slop of   0.004163  which means MainStay Cushing Royalty Energy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.66, which is the sum of squared deviations for the predicted MainStay Cushing price change compared to its average price change.

MainStay Cushing January 24, 2020 Technical Indicators

MainStay Cushing Roy One Year Return

Based on recorded statements MainStay Cushing Royalty Energy has One Year Return of -50.17%. This is 625.89% lower than that of the MainStay family, and significantly lower than that of Equity Energy category, The One Year Return for all funds is notably higher than the company.
  Year Return 
  MainStay Cushing Comparables 
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.

MainStay Cushing January 24, 2020 Daily Price Condition

Continue to Trending Equities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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