Mainstay Vertible Fund Technical Analysis
| MCINX Fund | USD 17.97 0.05 0.28% |
As of the 18th of April 2024, Mainstay Vertible secures the Downside Deviation of 0.5088, risk adjusted performance of 0.0079, and Mean Deviation of 0.3431. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Vertible, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Mainstay Vertible, which can be compared to its peers in the industry. Please verify Mainstay Vertible downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Mainstay Vertible Fund is priced some-what accurately, providing market reflects its recent price of 17.97 per share.
Mainstay Vertible 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 Vertible 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 Vertible Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Vertible volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mainstay Vertible Trend Analysis
Use this graph to draw trend lines for Mainstay Vertible Fund. You can use it to identify possible trend reversals for Mainstay Vertible 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 Vertible price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mainstay Vertible Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mainstay Vertible Fund applied against its price change over selected period. The best fit line has a slop of 0 , which means Mainstay Vertible Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.91, which is the sum of squared deviations for the predicted Mainstay Vertible price change compared to its average price change.About Mainstay Vertible 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 Vertible Fund 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 Vertible Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mainstay Vertible price pattern first instead of the macroeconomic environment surrounding Mainstay Vertible. By analyzing Mainstay Vertible'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 Vertible'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 Vertible specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mainstay Vertible April 18, 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 | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0079 | |||
| Market Risk Adjusted Performance | 0.0075 | |||
| Mean Deviation | 0.3431 | |||
| Semi Deviation | 0.4819 | |||
| Downside Deviation | 0.5088 | |||
| Coefficient Of Variation | 5083.46 | |||
| Standard Deviation | 0.4339 | |||
| Variance | 0.1883 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0) | |||
| Maximum Drawdown | 1.82 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.6667 | |||
| Downside Variance | 0.2589 | |||
| Semi Variance | 0.2322 | |||
| Expected Short fall | (0.32) | |||
| Skewness | (0.58) | |||
| Kurtosis | (0.11) |
Mainstay Vertible One Year Return
Based on the recorded statements, Mainstay Vertible Fund has an One Year Return of 6.9949%. This is 26.68% lower than that of the MainStay family and significantly higher than that of the Convertibles 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Vertible Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.