NYLI MacKay Financials
| CPLB Etf | 20.76 0.08 0.38% |
3 y Sharp Ratio (0.65) |
NYLI |
The data published in NYLI MacKay's official financial statements typically reflect NYLI MacKay's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving NYLI MacKay's quantitative information. For example, before you start analyzing numbers published by NYLI accountants, it's essential to understand NYLI MacKay's liquidity, profitability, and earnings quality within the context of the Intermediate Core-Plus Bond space in which it operates.
Please note, the presentation of NYLI MacKay's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NYLI MacKay's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of NYLI MacKay's management manipulating its earnings.
NYLI MacKay Etf Summary
NYLI MacKay competes with Invesco Total, Hartford Municipal, Goldman Sachs, First Trust, and IShares IBonds. NYLI MacKay is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| CUSIP | 45409F785 |
| Older Symbol | ESGB |
| Region | Global |
| Investment Issuer | New York Life Investments |
| Fund Category | Broad Market |
| Portfolio Concentration | Broad Debt |
| Benchmark | Dow Jones Industrial |
NYLI Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NYLI MacKay's current stock value. Our valuation model uses many indicators to compare NYLI MacKay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NYLI MacKay competition to find correlations between indicators driving NYLI MacKay's intrinsic value. More Info.NYLI MacKay Core is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs . 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 NYLI MacKay's earnings, one of the primary drivers of an investment's value.NYLI MacKay Core Systematic Risk
NYLI MacKay's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NYLI MacKay volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was six with a total number of output elements of fifty-five. The Beta measures systematic risk based on how returns on NYLI MacKay Core correlated with the market. If Beta is less than 0 NYLI MacKay generally moves in the opposite direction as compared to the market. If NYLI MacKay Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NYLI MacKay Core is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NYLI MacKay is generally in the same direction as the market. If Beta > 1 NYLI MacKay moves generally in the same direction as, but more than the movement of the benchmark.
About NYLI MacKay Financials
What exactly are NYLI MacKay Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include NYLI MacKay's income statement, its balance sheet, and the statement of cash flows. Potential NYLI MacKay investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although NYLI MacKay investors may use each financial statement separately, they are all related. The changes in NYLI MacKay's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NYLI MacKay's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.NYLI MacKay Thematic Clasifications
NYLI MacKay Core is part of several thematic ideas from Broad Market ETFs to Broad Debt ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNYLI MacKay January 8, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NYLI MacKay help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NYLI MacKay Core. We use our internally-developed statistical techniques to arrive at the intrinsic value of NYLI MacKay Core based on widely used predictive technical indicators. In general, we focus on analyzing NYLI Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NYLI MacKay's daily price indicators and compare them against related drivers.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.3783 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NYLI MacKay Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of NYLI MacKay Core is measured differently than its book value, which is the value of NYLI that is recorded on the company's balance sheet. Investors also form their own opinion of NYLI MacKay's value that differs from its market value or its book value, called intrinsic value, which is NYLI MacKay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NYLI MacKay's market value can be influenced by many factors that don't directly affect NYLI MacKay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NYLI MacKay's value and its price as these two are different measures arrived at by different means. Investors typically determine if NYLI MacKay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NYLI MacKay'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.