Mainstay Indexed Financials
MIXAX Fund | USD 9.07 0.02 0.22% |
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 Indexed Fund Summary
Mainstay Indexed 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 debt securities. Under normal circumstances, it invests at least 80 percent of net assets in investment grade quality bonds of various types as rated by a nationally recognized statistical rating organization , or if unrated, judged to be of comparable quality by NYL Investors LLC, the funds Subadvisor. The fund may invest up to 20 percent of its net assets in bonds rated below investment grade by a NRSRO, commonly referred to as high yield or junk bonds.Specialization | Short-Term 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 | Short-Term Bond |
Benchmark | Dow Jones Industrial |
Phone | 800 624 6782 |
Currency | USD - US Dollar |
Mainstay Indexed Key Financial Ratios
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Indexed's current stock value. Our valuation model uses many indicators to compare Mainstay Indexed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Indexed competition to find correlations between indicators driving Mainstay Indexed's intrinsic value. More Info.Mainstay Indexed Bond is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 1,893 of Year To Date Return per Annual Yield. 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 Indexed's earnings, one of the primary drivers of an investment's value.Mainstay Indexed Bond Systematic Risk
Mainstay Indexed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Indexed 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 Indexed Bond correlated with the market. If Beta is less than 0 Mainstay Indexed generally moves in the opposite direction as compared to the market. If Mainstay Indexed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Indexed Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Indexed is generally in the same direction as the market. If Beta > 1 Mainstay Indexed moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Indexed December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Indexed help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Indexed Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Indexed Bond 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 Indexed's daily price indicators and compare them against related drivers.
Information Ratio | (0.41) | |||
Maximum Drawdown | 0.5487 | |||
Value At Risk | (0.22) | |||
Potential Upside | 0.1099 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Indexed 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 Indexed security.
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