Mainstay High Yield Fund Market Value
| MMHVX Fund | USD 11.91 0.01 0.08% |
| Symbol | Mainstay |
Mainstay High 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Mainstay High's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Mainstay High.
| 12/02/2025 |
| 03/02/2026 |
If you would invest 0.00 in Mainstay High on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Mainstay High Yield or generate 0.0% return on investment in Mainstay High over 90 days. Mainstay High is related to or competes with Lord Abbett, Fpa Queens, Pace Small/medium, Ab Discovery, Boston Partners, and Royce Opportunity. The fund invests at least 80 percent of its assets in municipal bonds More
Mainstay High Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mainstay High's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Mainstay High Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1879 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 0.9414 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.2562 |
Mainstay High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mainstay High's standard deviation. In reality, there are many statistical measures that can use Mainstay High historical prices to predict the future Mainstay High's volatility.| Risk Adjusted Performance | 0.1453 | |||
| Jensen Alpha | 0.0247 | |||
| Total Risk Alpha | 0.0102 | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | 13.08 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mainstay High's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mainstay High March 2, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1453 | |||
| Market Risk Adjusted Performance | 13.09 | |||
| Mean Deviation | 0.0976 | |||
| Downside Deviation | 0.1879 | |||
| Coefficient Of Variation | 403.49 | |||
| Standard Deviation | 0.1406 | |||
| Variance | 0.0198 | |||
| Information Ratio | (0.39) | |||
| Jensen Alpha | 0.0247 | |||
| Total Risk Alpha | 0.0102 | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | 13.08 | |||
| Maximum Drawdown | 0.9414 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.2562 | |||
| Downside Variance | 0.0353 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.14) | |||
| Skewness | (0.20) | |||
| Kurtosis | 4.01 |
Mainstay High Yield Backtested Returns
At this stage we consider Mainstay Mutual Fund to be very steady. Mainstay High Yield has Sharpe Ratio of 0.3, which conveys that the entity had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mainstay High, which you can use to evaluate the volatility of the fund. Please verify Mainstay High's Mean Deviation of 0.0976, risk adjusted performance of 0.1453, and Coefficient Of Variation of 403.49 to check out if the risk estimate we provide is consistent with the expected return of 0.0391%. The fund secures a Beta (Market Risk) of 0.0019, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mainstay High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay High is expected to be smaller as well.
Auto-correlation | 0.75 |
Good predictability
Mainstay High Yield has good predictability. Overlapping area represents the amount of predictability between Mainstay High time series from 2nd of December 2025 to 16th of January 2026 and 16th of January 2026 to 2nd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mainstay High Yield price movement. The serial correlation of 0.75 indicates that around 75.0% of current Mainstay High price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mainstay Mutual Fund
Mainstay High 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 High security.
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