Mainstay Vertible Financials
| MCOAX Fund | USD 18.83 0.06 0.32% |
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 Vertible Fund Summary
Mainstay Vertible competes with Mainstay High, Mainstay Tax, Mainstay Income, Mainstay Large, and Mainstay Large. 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.Specialization | Convertibles, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US56062F7805 |
| Business Address | MainStay Funds |
| Mutual Fund Family | New York Life Investment Management LLC |
| Mutual Fund Category | Convertibles |
| Benchmark | Dow Jones Industrial |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
Mainstay Vertible Key Financial Ratios
Mainstay Financial Ratios 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.Mainstay Vertible Systematic Risk
Mainstay Vertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Vertible 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Mainstay Vertible correlated with the market. If Beta is less than 0 Mainstay Vertible generally moves in the opposite direction as compared to the market. If Mainstay Vertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Vertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Vertible is generally in the same direction as the market. If Beta > 1 Mainstay Vertible moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Vertible December 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Vertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Vertible Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Vertible Fund 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 Vertible's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.6438 |
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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