Mainstay Vertible Fund Price History

MCOAX Fund  USD 18.37  0.03  0.16%   
Below is the normalized historical share price chart for Mainstay Vertible Fund extending back to January 06, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mainstay Convertible stands at 18.37, as last reported on the 1st of June, with the highest price reaching 18.37 and the lowest price hitting 18.37 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mainstay Mutual Fund, it is important to understand the factors that can impact its price. We consider Mainstay Convertible very steady. Mainstay Convertible has Sharpe Ratio of 0.0403, which conveys that the entity had a 0.0403% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mainstay Convertible, which you can use to evaluate the volatility of the fund. Please verify Mainstay Convertible's Mean Deviation of 0.3317, risk adjusted performance of 0.0273, and Downside Deviation of 0.4482 to check out if the risk estimate we provide is consistent with the expected return of 0.0171%.
  
Mainstay Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0403

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Estimated Market Risk

 0.43
  actual daily
3
97% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Mainstay Convertible is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstay Convertible by adding it to a well-diversified portfolio.

Mainstay Convertible Mutual Fund Price History Chart

There are several ways to analyze Mainstay Vertible Fund price data. The simplest method is using a basic Mainstay candlestick price chart, which shows Mainstay Convertible price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMay 15, 202418.66
Lowest PriceApril 19, 202417.9

Mainstay Convertible June 1, 2024 Mutual Fund Price Synopsis

Various analyses of Mainstay Convertible's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mainstay Mutual Fund. It can be used to describe the percentage change in the price of Mainstay Convertible from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mainstay Mutual Fund.
Mainstay Convertible Price Rate Of Daily Change 1.00 
Mainstay Convertible Price Action Indicator 0.02 

Mainstay Convertible June 1, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Mainstay Vertible Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mainstay Convertible intraday prices and daily technical indicators to check the level of noise trading in Mainstay Vertible Fund and then apply it to test your longer-term investment strategies against Mainstay.

Mainstay Mutual Fund Price History Data

The price series of Mainstay Convertible for the period between Sun, Mar 3, 2024 and Sat, Jun 1, 2024 has a statistical range of 0.76 with a coefficient of variation of 1.02. The daily prices for the period are spread out with arithmetic mean of 18.27. The median price for the last 90 days is 18.27. The company issued dividends to stockholders on 30th of September 2021.
OpenHighLowCloseVolume
06/01/2024
 18.37  18.37  18.37  18.37 
05/31/2024 18.37  18.37  18.37  18.37  1.00 
05/30/2024 18.34  18.34  18.34  18.34  1.00 
05/29/2024 18.38  18.38  18.38  18.38  1.00 
05/28/2024 18.49  18.49  18.49  18.49  1.00 
05/24/2024 18.53  18.53  18.53  18.53  1.00 
05/23/2024 18.45  18.45  18.45  18.45  1.00 
05/22/2024 18.58  18.58  18.58  18.58  1.00 
05/21/2024 18.64  18.64  18.64  18.64  1.00 
05/20/2024 18.65  18.65  18.65  18.65  1.00 
05/17/2024 18.60  18.60  18.60  18.60  1.00 
05/16/2024 18.60  18.60  18.60  18.60  1.00 
05/15/2024 18.66  18.66  18.66  18.66  1.00 
05/14/2024 18.52  18.52  18.52  18.52  1.00 
05/13/2024 18.46  18.46  18.46  18.46  1.00 
05/10/2024 18.45  18.45  18.45  18.45  1.00 
05/09/2024 18.45  18.45  18.45  18.45  1.00 
05/08/2024 18.37  18.37  18.37  18.37  1.00 
05/07/2024 18.40  18.40  18.40  18.40  1.00 
05/06/2024 18.44  18.44  18.44  18.44  1.00 
05/03/2024 18.31  18.31  18.31  18.31  1.00 
05/02/2024 18.23  18.23  18.23  18.23  1.00 
05/01/2024 18.08  18.08  18.08  18.08  1.00 
04/30/2024 18.04  18.04  18.04  18.04  1.00 
04/29/2024 18.19  18.19  18.19  18.19  1.00 
04/26/2024 18.11  18.11  18.11  18.11  1.00 
04/25/2024 18.08  18.08  18.08  18.08  1.00 
04/24/2024 18.15  18.15  18.15  18.15  1.00 
04/23/2024 18.15  18.15  18.15  18.15  1.00 
04/22/2024 17.98  17.98  17.98  17.98  1.00 
04/19/2024 17.90  17.90  17.90  17.90  1.00 
04/18/2024 17.95  17.95  17.95  17.95  1.00 
04/17/2024 17.98  17.98  17.98  17.98  1.00 
04/16/2024 18.03  18.03  18.03  18.03  1.00 
04/15/2024 18.02  18.02  18.02  18.02  1.00 
04/12/2024 18.14  18.14  18.14  18.14  1.00 
04/11/2024 18.32  18.32  18.32  18.32  1.00 
04/10/2024 18.29  18.29  18.29  18.29  1.00 
04/09/2024 18.41  18.41  18.41  18.41  1.00 
04/08/2024 18.34  18.34  18.34  18.34  1.00 
04/05/2024 18.31  18.31  18.31  18.31  1.00 
04/04/2024 18.21  18.21  18.21  18.21  1.00 
04/03/2024 18.31  18.31  18.31  18.31  1.00 
04/02/2024 18.27  18.27  18.27  18.27  1.00 
04/01/2024 18.39  18.39  18.39  18.39  1.00 
03/28/2024 18.42  18.42  18.42  18.42  1.00 
03/27/2024 18.42  18.42  18.42  18.42  1.00 
03/26/2024 18.30  18.30  18.27  18.27  1.00 
03/25/2024 18.31  18.31  18.28  18.28  1.00 
03/22/2024 18.30  18.30  18.27  18.27  1.00 
03/21/2024 18.33  18.33  18.30  18.30  1.00 
03/20/2024 18.25  18.25  18.22  18.22  1.00 
03/19/2024 18.17  18.17  18.14  18.14  1.00 
03/18/2024 18.11  18.11  18.08  18.08  1.00 
03/15/2024 18.09  18.09  18.06  18.06  1.00 
03/14/2024 18.15  18.15  18.12  18.12  1.00 
03/13/2024 18.23  18.23  18.20  18.20  1.00 
03/12/2024 18.20  18.20  18.17  18.17  1.00 
03/11/2024 18.20  18.20  18.17  18.17  1.00 
03/08/2024 18.22  18.22  18.19  18.19  1.00 
03/07/2024 18.24  18.24  18.21  18.21  1.00 

About Mainstay Convertible Mutual Fund history

Mainstay Convertible investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mainstay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mainstay Convertible will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mainstay Convertible stock prices may prove useful in developing a viable investing in Mainstay Convertible
The fund, under normal circumstances, invests at least 80 percent of its assets in convertible securities such as bonds, debentures, corporate notes, and preferred stocks or other securities that are convertible into common stock or the cash value of a stock or a basket or index of equity securities. The balance of the fund may be invested or held in non-convertible debt, equity securities that do not pay regular dividends, U.S. government securities, and cash or cash equivalents.

Mainstay Convertible Mutual Fund Technical Analysis

Mainstay Convertible 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 Convertible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mainstay Convertible 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...

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Mainstay Convertible Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mainstay Convertible's price direction in advance. Along with the technical and fundamental analysis of Mainstay Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mainstay to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Vertible Fund. 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 nation.
Note that the Mainstay Convertible information on this page should be used as a complementary analysis to other Mainstay Convertible'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Please note, there is a significant difference between Mainstay Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainstay Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainstay Convertible's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.