Mainstay Convertible Financials

Mainstay Convertible Fund Summary

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 Key Financial Ratios

Mainstay Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Convertible's current stock value. Our valuation model uses many indicators to compare Mainstay Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Convertible competition to find correlations between indicators driving Mainstay Convertible'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  0.13  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Vertible Fund is roughly  7.73 . 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 Convertible's earnings, one of the primary drivers of an investment's value.

Mainstay Convertible Market Pulse

Along with financial statement analysis, the daily predictive indicators of Mainstay Convertible 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 Convertible's daily price indicators and compare them against related drivers.

Mainstay Convertible 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 Convertible security.