Mainstay Large Cap Fund Buy Hold or Sell Recommendation
| MLAAX Fund | USD 10.19 0.04 0.39% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Mainstay Large Cap is 'Not Rated'. Macroaxis provides Mainstay Large buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MLAAX positions. The advice algorithm takes into account all of Mainstay Large's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Mainstay Large's buy or sell advice are summarized below:
Real Value 0.0 | Hype Value 0.0 | Market Value 10.19 | Naive Value 9.87 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Mainstay Large Cap given historical horizon and risk tolerance towards Mainstay Large. When Macroaxis issues a 'buy' or 'sell' recommendation for Mainstay Large Cap, the advice is generated through an automated system that utilizes algorithms and statistical models.
Mainstay |
Execute Mainstay Large 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 Large Cap. Macroaxis does not own or have any residual interests in Mainstay Large Cap or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mainstay Large's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Mainstay Large Trading Alerts and Improvement Suggestions
Mainstay Large Returns Distribution Density
The distribution of Mainstay Large's historical returns is an attempt to chart the uncertainty of Mainstay Large's future price movements. The chart of the probability distribution of Mainstay Large daily returns describes the distribution of returns around its average expected value. We use Mainstay Large Cap price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mainstay Large returns is essential to provide solid investment advice for Mainstay Large.
| Mean Return | 0.01 | Value At Risk | -1.73 | Potential Upside | 1.91 | Standard Deviation | 1.03 |
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 Large 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 Large 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 Large 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 Large'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 | -0.0026 | |
β | Beta against NYSE Composite | 0.27 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | -0.0093 |
Mainstay Large Volatility Alert
Mainstay Large Cap has relatively low volatility with skewness of 0.02 and kurtosis of -0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mainstay Large'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 Large'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 Large Fundamentals Vs Peers
Comparing Mainstay Large'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 Large's direct or indirect competition across all of the common fundamentals between Mainstay Large and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mainstay Large or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Mainstay Large's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mainstay Large by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Mainstay Large to competition |
| Fundamentals | Mainstay Large | Peer Average |
| Price To Earning | 27.88 X | 6.53 X |
| Price To Book | 4.74 X | 0.74 X |
| Price To Sales | 2.82 X | 0.61 X |
| Year To Date Return | 12.35 % | 0.39 % |
| One Year Return | 34.71 % | 4.15 % |
| Three Year Return | 8.93 % | 3.60 % |
| Five Year Return | 16.79 % | 3.24 % |
| Ten Year Return | 15.27 % | 1.79 % |
| Net Asset | 12.98 B | 4.11 B |
| Cash Position Weight | 0.92 % | 10.61 % |
| Equity Positions Weight | 99.66 % | 63.90 % |
Mainstay Large 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 | 10.19 | |||
| Day Typical Price | 10.19 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.04 | |||
| Relative Strength Index | 54.0 |
About Mainstay Large Buy or Sell Advice
When is the right time to buy or sell Mainstay Large Cap? 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 Large 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?
Run Small Blend Funds Thematic Idea Now
Small Blend Funds
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Blend Funds Theme or any other thematic opportunities.
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Other Information on Investing in Mainstay Mutual Fund
Mainstay Large 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 Large security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |