Mainstay Nerstone Financials
| KLGIX Fund | USD 51.70 0.51 1.00% |
Mainstay |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Mainstay Nerstone Fund Summary
Mainstay Nerstone competes with Century Small, Ab Small, Issachar Fund, Volumetric Fund, and Nasdaq 100. The fund invests primarily in stocks of large-capitalization U.S. companies considered to have above-average earnings growth potential and reasonable stock prices in comparison with expected earnings. Under normal circumstances, at least 80 percent of its assets will be invested in securities issued by U.S. companies. The Subadvisor employs a traditional, bottom-up fundamental research approach to identify securities that possess sustainable growth at reasonable valuations.Specialization | Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Mainstay Funds Trust |
| Mutual Fund Family | New York Life Investment Management LLC |
| Mutual Fund Category | Large Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Nerstone's current stock value. Our valuation model uses many indicators to compare Mainstay Nerstone value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Nerstone competition to find correlations between indicators driving Mainstay Nerstone's intrinsic value. More Info.Mainstay Nerstone Growth is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about 0.22 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Nerstone Growth is roughly 4.57 . 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 Nerstone's earnings, one of the primary drivers of an investment's value.Mainstay Nerstone Growth Systematic Risk
Mainstay Nerstone's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Nerstone 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Mainstay Nerstone Growth correlated with the market. If Beta is less than 0 Mainstay Nerstone generally moves in the opposite direction as compared to the market. If Mainstay Nerstone Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Nerstone Growth is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Nerstone is generally in the same direction as the market. If Beta > 1 Mainstay Nerstone moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Nerstone December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Nerstone help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Nerstone Growth. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Nerstone Growth based on widely used predictive technical indicators. In general, we focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mainstay Nerstone's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.47 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 6.39 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.49 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Nerstone 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 Nerstone security.
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