Mainstay Short Financials
| MDHCX Fund | USD 9.53 0.01 0.11% |
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 Short Fund Summary
Mainstay Short competes with Multisector Bond, Rbc Ultra-short, Goldman Sachs, Ambrus Core, and Intermediate-term. The fund, under normal circumstances, invests at least 80 percent of its assets in high-yield debt securities that are rated below investment grade by a nationally recognized statistical rating organization or that are unrated but are considered to be of comparable quality by MacKay Shields LLC, the funds Subadvisor. It will generally seek to maintain a weighted average duration of three years or less, although the fund may invest in instruments of any duration or maturity.Specialization | High Yield Bond, Large |
| 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 | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
Mainstay Short Key Financial Ratios
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Short's current stock value. Our valuation model uses many indicators to compare Mainstay Short value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Short competition to find correlations between indicators driving Mainstay Short's intrinsic value. More Info.Mainstay Short Duration is number one fund in price to book among similar funds. It also is number one fund in price to sales among similar funds fabricating about 0.16 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Mainstay Short Duration is roughly 6.11 . 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 Short's earnings, one of the primary drivers of an investment's value.Mainstay Short Duration Systematic Risk
Mainstay Short's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Short 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 five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Mainstay Short Duration correlated with the market. If Beta is less than 0 Mainstay Short generally moves in the opposite direction as compared to the market. If Mainstay Short Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Short Duration is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Short is generally in the same direction as the market. If Beta > 1 Mainstay Short moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Short March 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Short help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Short Duration. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Short Duration 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 Short's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1639 | |||
| Information Ratio | 0.6472 | |||
| Maximum Drawdown | 0.7396 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2103 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Short 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 Short security.
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