Mainstay Nerstone Growth Fund Technical Analysis

KLGRXDelisted Fund  USD 43.70  0.00  0.00%   
As of the 5th of May, Mainstay Nerstone secures the Risk Adjusted Performance of 0.1622, mean deviation of 0.6328, and Downside Deviation of 0.8918. Mainstay Nerstone Growth technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Mainstay Nerstone, which can be compared to its peers in the industry. Please verify Mainstay Nerstone Growth downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Mainstay Nerstone Growth is priced some-what accurately, providing market reflects its recent price of 43.7 per share.

Mainstay Nerstone 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 Mainstay
  
Mainstay Nerstone's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Mainstay Nerstone 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.
A focus of Mainstay Nerstone technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mainstay Nerstone trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Mainstay Nerstone Growth Technical Analysis

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Mainstay Nerstone Growth Trend Analysis

Use this graph to draw trend lines for Mainstay Nerstone Growth. You can use it to identify possible trend reversals for Mainstay Nerstone 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 Nerstone price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Mainstay Nerstone Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mainstay Nerstone Growth applied against its price change over selected period. The best fit line has a slop of   0.10  , which means Mainstay Nerstone Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 401.52, which is the sum of squared deviations for the predicted Mainstay Nerstone price change compared to its average price change.

About Mainstay Nerstone 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 Nerstone Growth 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 Nerstone Growth based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mainstay Nerstone Growth price pattern first instead of the macroeconomic environment surrounding Mainstay Nerstone Growth. By analyzing Mainstay Nerstone'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 Nerstone'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 Nerstone specific price patterns or momentum indicators. Please read more on our technical analysis page.

Mainstay Nerstone May 5, 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.

Mainstay Nerstone Growth One Year Return

Based on the recorded statements, Mainstay Nerstone Growth has an One Year Return of 40.232%. This is 321.72% higher than that of the MainStay family and 184.12% higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Other Consideration for investing in Mainstay Mutual Fund

If you are still planning to invest in Mainstay Nerstone Growth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mainstay Nerstone's history and understand the potential risks before investing.
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