Mainstay Mackay California Fund Analysis

MCAMX Fund  USD 9.88  0.02  0.20%   
Mainstay Mackay California is overvalued with Real Value of 9.44 and Hype Value of 9.86. The main objective of Mainstay Mackay fund analysis is to determine its intrinsic value, which is an estimate of what Mainstay Mackay California is worth, separate from its market price. There are two main types of Mainstay Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Mainstay Mackay California. On the other hand, technical analysis, focuses on the price and volume data of Mainstay Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Mainstay Mackay mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Mackay California. 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 population.

Mainstay Mutual Fund Analysis Notes

The fund maintains about 8.33% of assets in cash. Mainstay Mackay Cali last dividend was 0.01 per share. To find out more about Mainstay Mackay California contact the company at 800-624-6782.

Mainstay Mackay Cali Investment Alerts

The fund maintains about 8.33% of its assets in cash

Technical Drivers

As of the 3rd of December, Mainstay Mackay secures the Risk Adjusted Performance of 0.0572, downside deviation of 0.3955, and Mean Deviation of 0.1558. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Mackay Cali, as well as the relationship between them.

Mainstay Mackay Cali Price Movement Analysis

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The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mainstay Mackay middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mainstay Mackay Cali. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Mainstay Mackay Predictive Daily Indicators

Mainstay Mackay intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mainstay Mackay mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Mainstay Mackay Forecast Models

Mainstay Mackay's time-series forecasting models are one of many Mainstay Mackay's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mainstay Mackay's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Mainstay Mutual Fund Analysis

Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Mainstay Mackay prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mainstay shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Mainstay Mackay. By using and applying Mainstay Mutual Fund analysis, traders can create a robust methodology for identifying Mainstay entry and exit points for their positions.
The fund invests at least 80 percent of its assets in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes. It may invest up to 20 percent of its net assets in municipal bonds subject to the federal alternative minimum tax, and municipal bonds that pay interest that is subject to federal and California income taxes.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Mainstay Mackay to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Mainstay Mutual Fund

Mainstay Mackay 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 Mackay security.
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