Mainstay Epoch Correlations

Mutual Funds . USA . 
Fund . Mainstay Epoch Equity
EPLIX Fund  USD 22.26  0.04  0.18%   
The current 90-days correlation between Mainstay Epoch Equity and Mainstay Tax Free is 0.24 (i.e., Modest diversification). The correlation of Mainstay Epoch is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Mainstay Epoch Correlation With Market

Good diversification

The correlation between Mainstay Epoch Equity and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mainstay Epoch Equity and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Mainstay Epoch Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Mainstay Mutual Fund

  0.67MKINX Mainstay Tax FreePairCorr
  0.97MLGRX Mainstay Large CapPairCorr
  0.98MLINX Mainstay Large CapPairCorr
  0.98MLRTX Mainstay Large CapPairCorr
  0.97MLRSX Mainstay Large CapPairCorr
  0.97MLRRX Mainstay Large CapPairCorr
  0.99MMRDX Mainstay ModeratePairCorr
  0.98EPLDX Mainstay Epoch EquityPairCorr
  0.98EPSRX Mainstay Epoch GlobalPairCorr
  0.98EPSIX Mainstay Epoch GlobalPairCorr
  0.97MOINX Mainstay Epoch SmallPairCorr
  0.88VCRVX Mainstay Cbre GlobalPairCorr
  0.85VCRQX Mainstay Cbre GlobalPairCorr
  0.99MSMIX Mainstay Map EquityPairCorr
  0.62MSODX Mainstay Mackay CaliPairCorr
  0.99MBERX Mainstay BalancedPairCorr
  0.9MSYEX Mainstay Mackay UncoPairCorr
  0.89MSYDX Mainstay UnconstrainedPairCorr
  0.96MBINX Mainstay BalancedPairCorr
  0.92ICELX Mainstay Epoch InterPairCorr
  0.7MTBDX Mainstay Mackay TaxPairCorr
  0.91MTFEX Mainstay Mackay StrategicPairCorr
  0.91MTFDX Mainstay Mackay StrategicPairCorr
  0.92MTFHX Mainstay Mackay StrategicPairCorr
  0.92MTFFX Mainstay Mackay StrategicPairCorr
  0.97MTINX Mainstay Income BuilderPairCorr
  0.7MTMNX Mainstay Total ReturnPairCorr
  0.97MTODX Mainstay Income BuilderPairCorr
  0.74MTRDX Mainstay Total ReturnPairCorr
  0.98KLGNX Mainstay Nerstone GrowthPairCorr
  0.99MCINX Mainstay ConvertiblePairCorr
  0.99MCKNX Mainstay ConservativePairCorr
  0.97MCYAX Mainstay CandriamPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Mainstay Mutual Fund performing well and Mainstay Epoch Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Mainstay Epoch's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MKINX  0.14  0.00 (0.62)(0.02) 0.15 
(0.21)
 0.34 
(0.33)
 1.00 
MLGRX  0.80  0.19  0.19  0.36  0.46 
(0.96)
 2.52 
(1.22)
 5.74 
MLINX  0.83  0.34  0.15 (4.78) 0.60 
(0.99)
 2.55 
(1.30)
 5.60 
MLRTX  0.83  0.34  0.15 (4.58) 0.61 
(1.06)
 2.59 
(1.26)
 5.53 
MLRSX  0.81  0.19  0.21  0.36  0.43 
(1.01)
 2.57 
(1.25)
 5.60 
MLRRX  0.81  0.19  0.20  0.36  0.43 
(0.99)
 2.61 
(1.28)
 5.60 
MMHEX  0.19 (0.03) 0.00 (0.23) 0.00 
 0.00 
 0.45 
(0.45)
 1.51 
MMHVX  0.19 (0.01) 0.00  0.52  0.00 
 0.00 
 0.45 
(0.44)
 1.51 
MMRDX  0.34  0.14 (0.07)(2.08) 0.25 
(0.38)
 1.03 
(0.84)
 2.50 
MNODX  0.17 (0.01) 0.00  0.56  0.00 
 0.00 
 0.44 
(0.33)
 1.20 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY