Mainstay Vertible Financial Statements From 2010 to 2024
| MCOAX Fund | USD 18.85 0.02 0.11% |
Check Mainstay Vertible financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainstay Vertible's main balance sheet or income statement drivers, such as , as well as many indicators such as . Mainstay financial statements analysis is a perfect complement when working with Mainstay Vertible Valuation or Volatility modules.
Mainstay |
Mainstay Vertible Fund Mutual Fund Price To Book Analysis
Mainstay Vertible's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Mainstay Vertible Price To Book | 1.13 X |
Most of Mainstay Vertible's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mainstay Vertible Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Mainstay Vertible Fund has a Price To Book of 1.13 times. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the Convertibles category. The price to book for all United States funds is notably lower than that of the firm.
Mainstay Vertible Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Vertible's current stock value. Our valuation model uses many indicators to compare Mainstay Vertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Vertible competition to find correlations between indicators driving Mainstay Vertible's intrinsic value. More Info.Mainstay Vertible Fund is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Vertible Fund is roughly 8.10 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mainstay Vertible's earnings, one of the primary drivers of an investment's value.About Mainstay Vertible Financial Statements
Mainstay Vertible investors use historical fundamental indicators, such as Mainstay Vertible's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mainstay Vertible. Please read more on our technical analysis and fundamental analysis pages.
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mainstay Mutual Fund
Mainstay Vertible 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 Vertible security.
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