Mainstay Income Builder Fund Technical Analysis
| MTXVXDelisted Fund | USD 19.06 0.00 0.00% |
As of the 24th of April, Mainstay Income secures the Risk Adjusted Performance of 0.1502, downside deviation of 0.5173, and Mean Deviation of 0.3595. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Me Builder, 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 and analyze data for nineteen technical drivers for Mainstay Income, which can be compared to its peers in the industry. Please verify Mainstay Me Builder variance and the relationship between the treynor ratio and potential upside to decide if Mainstay Income Builder is priced some-what accurately, providing market reflects its recent price of 19.06 per share.
Mainstay Income 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 Income 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 Me Builder Technical Analysis
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Mainstay Me Builder Trend Analysis
Use this graph to draw trend lines for Mainstay Income Builder. You can use it to identify possible trend reversals for Mainstay Income 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 Income price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mainstay Income Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mainstay Income Builder applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Mainstay Income Builder will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.35, which is the sum of squared deviations for the predicted Mainstay Income price change compared to its average price change.About Mainstay Income 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 Income Builder 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 Income Builder based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mainstay Me Builder price pattern first instead of the macroeconomic environment surrounding Mainstay Me Builder. By analyzing Mainstay Income'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 Income'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 Income specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mainstay Income April 24, 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 | 0.1502 | |||
| Market Risk Adjusted Performance | 1.81 | |||
| Mean Deviation | 0.3595 | |||
| Semi Deviation | 0.2093 | |||
| Downside Deviation | 0.5173 | |||
| Coefficient Of Variation | 402.86 | |||
| Standard Deviation | 0.488 | |||
| Variance | 0.2381 | |||
| Information Ratio | 0.0653 | |||
| Jensen Alpha | 0.1062 | |||
| Total Risk Alpha | 0.0483 | |||
| Sortino Ratio | 0.0616 | |||
| Treynor Ratio | 1.8 | |||
| Maximum Drawdown | 2.88 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 0.8715 | |||
| Downside Variance | 0.2676 | |||
| Semi Variance | 0.0438 | |||
| Expected Short fall | (0.41) | |||
| Skewness | 0.0047 | |||
| Kurtosis | 1.12 |
Mainstay Me Builder One Year Return
Based on the recorded statements, Mainstay Income Builder has an One Year Return of 9.4759%. This indicator is about the same for the MainStay average (which is currently at 9.54) family and significantly higher than that of the World Allocation 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. 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 real. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in MAINSTAY Mutual Fund
If you are still planning to invest in Mainstay Me Builder check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mainstay Income's history and understand the potential risks before investing.
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