Mainstay Definedterm Muncipal Fund Technical Analysis
| MMD Fund | USD 15.66 0.09 0.57% |
As of the 11th of December 2024, Mainstay Definedterm secures the Standard Deviation of 0.6134, mean deviation of 0.4082, and Risk Adjusted Performance of (0.11). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay Definedterm, as well as the relationship between them. Please verify Mainstay Definedterm standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Mainstay Definedterm Muncipal is priced some-what accurately, providing market reflects its recent price of 15.66 per share.
Mainstay Definedterm 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 Definedterm technical 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 Definedterm Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Mainstay Definedterm volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mainstay Definedterm Trend Analysis
Use this graph to draw trend lines for Mainstay Definedterm Muncipal. You can use it to identify possible trend reversals for Mainstay Definedterm 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 Definedterm price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mainstay Definedterm Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mainstay Definedterm Muncipal applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in Mainstay Definedterm Muncipal will continue to fail. It has 122 observation points and a regression sum of squares at 10.57, which is the sum of squared deviations for the predicted Mainstay Definedterm price change compared to its average price change.About Mainstay Definedterm 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 Definedterm Muncipal 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 Definedterm Muncipal based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Mainstay Definedterm price pattern first instead of the macroeconomic environment surrounding Mainstay Definedterm. By analyzing Mainstay Definedterm'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 Definedterm'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 Definedterm specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mainstay Definedterm December 11, 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.76) | |||
| Mean Deviation | 0.4082 | |||
| Coefficient Of Variation | (681.08) | |||
| Standard Deviation | 0.6134 | |||
| Variance | 0.3763 | |||
| Information Ratio | (0.35) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.77) | |||
| Maximum Drawdown | 3.13 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 0.4994 | |||
| Skewness | (0.90) | |||
| Kurtosis | 3.41 |
Other Information on Investing in Mainstay Fund
Mainstay Definedterm financial ratios help investors to determine whether Mainstay 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 Definedterm security.
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