Mainstay Nerstone Growth Fund Buy Hold or Sell Recommendation
KLGCX Fund | USD 38.58 0.07 0.18% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Mainstay Nerstone Growth is 'Strong Sell'. Macroaxis provides Mainstay Nerstone buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KLGCX positions. The advice algorithm takes into account all of Mainstay Nerstone's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Mainstay Nerstone's buy or sell advice are summarized below:
Real Value 35.35 | Hype Value 38.58 | Market Value 38.58 | Naive Value 38.52 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Mainstay Nerstone Growth given historical horizon and risk tolerance towards Mainstay Nerstone. When Macroaxis issues a 'buy' or 'sell' recommendation for Mainstay Nerstone Growth, the advice is generated through an automated system that utilizes algorithms and statistical models.
Mainstay |
Execute Mainstay Nerstone Buy or Sell Advice
The Mainstay recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mainstay Nerstone Growth. Macroaxis does not own or have any residual interests in Mainstay Nerstone Growth or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mainstay Nerstone's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Mainstay Nerstone Trading Alerts and Improvement Suggestions
Mainstay Nerstone Returns Distribution Density
The distribution of Mainstay Nerstone's historical returns is an attempt to chart the uncertainty of Mainstay Nerstone's future price movements. The chart of the probability distribution of Mainstay Nerstone daily returns describes the distribution of returns around its average expected value. We use Mainstay Nerstone Growth price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mainstay Nerstone returns is essential to provide solid investment advice for Mainstay Nerstone.
Mean Return | 0.20 | Value At Risk | -1.47 | Potential Upside | 1.80 | Standard Deviation | 0.98 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mainstay Nerstone historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Mainstay Nerstone Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mainstay Nerstone or New York Life Investment Management LLC sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mainstay Nerstone's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mainstay fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | -0.06 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | 0.07 |
Mainstay Nerstone Volatility Alert
Mainstay Nerstone Growth has low volatility with Treynor Ratio of -3.23, Maximum Drawdown of 4.63 and kurtosis of 0.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mainstay Nerstone's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mainstay Nerstone's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Mainstay Nerstone Fundamentals Vs Peers
Comparing Mainstay Nerstone's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mainstay Nerstone's direct or indirect competition across all of the common fundamentals between Mainstay Nerstone and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mainstay Nerstone or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Mainstay Nerstone's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mainstay Nerstone by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Mainstay Nerstone to competition |
Fundamentals | Mainstay Nerstone | Peer Average |
Price To Earning | 15.87 X | 6.53 X |
Price To Book | 2.59 X | 0.74 X |
Price To Sales | 1.29 X | 0.61 X |
Year To Date Return | 12.84 % | 0.39 % |
One Year Return | 42.43 % | 4.15 % |
Three Year Return | 5.14 % | 3.60 % |
Five Year Return | 11.84 % | 3.24 % |
Ten Year Return | 11.14 % | 1.79 % |
Net Asset | 808.7 M | 4.11 B |
Cash Position Weight | 4.76 % | 10.61 % |
Equity Positions Weight | 95.28 % | 63.90 % |
Mainstay Nerstone Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mainstay . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 38.58 | |||
Day Typical Price | 38.58 | |||
Price Action Indicator | 0.035 | |||
Period Momentum Indicator | 0.07 | |||
Relative Strength Index | 65.68 |
About Mainstay Nerstone Buy or Sell Advice
When is the right time to buy or sell Mainstay Nerstone Growth? Buying financial instruments such as Mainstay Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Mainstay Nerstone in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Mainstay Nerstone Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Mainstay Nerstone Growth information on this page should be used as a complementary analysis to other Mainstay Nerstone's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Mainstay Mutual Fund analysis
When running Mainstay Nerstone's price analysis, check to measure Mainstay Nerstone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mainstay Nerstone is operating at the current time. Most of Mainstay Nerstone's value examination focuses on studying past and present price action to predict the probability of Mainstay Nerstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainstay Nerstone's price. Additionally, you may evaluate how the addition of Mainstay Nerstone to your portfolios can decrease your overall portfolio volatility.
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