Mainstay Cushing Mlp Fund Price on May 28, 2024
| CSHAX Fund | USD 11.59 0.05 0.43% |
Below is the normalized historical share price chart for Mainstay Cushing Mlp extending back to October 19, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mainstay Cushing stands at 11.59, as last reported on the 16th of December 2024, with the highest price reaching 11.59 and the lowest price hitting 11.59 during the day.
If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mainstay Mutual Fund to be very steady. Mainstay Cushing Mlp has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mainstay Cushing, which you can use to evaluate the volatility of the fund. Please verify Mainstay Cushing's Downside Deviation of 1.04, mean deviation of 0.7606, and Risk Adjusted Performance of 0.1476 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mainstay |
Sharpe Ratio = 0.172
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CSHAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mainstay Cushing is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstay Cushing by adding it to a well-diversified portfolio.
Mainstay Cushing Valuation on May 28, 2024
It is possible to determine the worth of Mainstay Cushing on a given historical date. On May 28, 2024 Mainstay was worth 9.35 at the beginning of the trading date compared to the closed value of 9.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mainstay Cushing mutual fund. Still, in general, we apply an absolute valuation method to find Mainstay Cushing's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mainstay Cushing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mainstay Cushing's related companies.
| Open | High | Low | Close | Volume | |
| 9.32 | 9.32 | 9.32 | 9.32 | 1.00 | |
05/28/2024 | 9.35 | 9.35 | 9.35 | 9.35 | 1.00 |
| 9.24 | 9.24 | 9.24 | 9.24 | 1.00 |
| Backtest Mainstay Cushing | | | Mainstay Cushing History | | | Mainstay Cushing Valuation | Previous | Next |
Mainstay Cushing Trading Date Momentum on May 28, 2024
| On May 29 2024 Mainstay Cushing Mlp was traded for 9.24 at the closing time. The highest daily price throughout the period was 9.24 and the lowest price was 9.24 . There was no trading activity during the period 1.0. Lack of trading volume on 05/29/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.18% . The trading delta at closing time to current closing price is 0.32% . |
Mainstay Cushing Mlp Fundamentals Correlations and Trends
By evaluating Mainstay Cushing's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mainstay Cushing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mainstay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mainstay Cushing Mutual Fund history
Mainstay Cushing investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mainstay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mainstay Cushing Mlp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mainstay Cushing stock prices may prove useful in developing a viable investing in Mainstay Cushing
The fund, under normal market conditions, invests at least 80 percent of its assets in a portfolio of master limited partnerships and MLP-related investments. MLPs are generally treated as partnerships for U.S. federal income tax purposes and are generally organized under state law as limited partnerships or limited liability companies. The fund may invest in companies of any market capitalization size. It is non-diversified.
Mainstay Cushing Mutual Fund Technical Analysis
Mainstay Cushing 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.
Price Boundaries
Mainstay Cushing Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Mainstay Cushing Mlp cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Mainstay Cushing December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Mainstay Cushing mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mainstay Cushing shares will generate the highest return on investment. By undertsting and applying Mainstay Cushing mutual fund market strength indicators, traders can identify Mainstay Cushing Mlp entry and exit signals to maximize returns
Mainstay Cushing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mainstay Cushing's price direction in advance. Along with the technical and fundamental analysis of Mainstay Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mainstay to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1476 | |||
| Jensen Alpha | 0.1469 | |||
| Total Risk Alpha | 0.0657 | |||
| Sortino Ratio | 0.0958 | |||
| Treynor Ratio | 0.3963 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Cushing 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 Cushing security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |