Mainstay Mackay Financials
| MTFDX Fund | USD 9.59 0.01 0.10% |
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 Mackay Fund Summary
Mainstay Mackay competes with Hartford Healthcare, Baron Health, Health Biotchnology, Blackrock Health, and Alger Health. The fund, under normal circumstances, invests at least 80 percent of its assets in municipal bonds, the income from which is exempt from federal income tax. It will seek to maintain a portfolio dollar-weighted average duration of 3 to 10 years, although the fund may invest in instruments of any duration or maturity. The manager will invest, under normal circumstances, at least 65 percent of its net assets in investment grade quality bonds as rated by a nationally recognized statistical rating organization, or if unrated, judged to be of comparable quality the funds subadvisor.Specialization | Muni National Interm, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Mainstay Funds Trust |
| Mutual Fund Family | MainStay |
| Mutual Fund Category | Muni National Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
Mainstay Mackay Key Financial Ratios
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Mackay's current stock value. Our valuation model uses many indicators to compare Mainstay Mackay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Mackay competition to find correlations between indicators driving Mainstay Mackay's intrinsic value. More Info.Mainstay Mackay Strategic 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 3,529 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 Mackay's earnings, one of the primary drivers of an investment's value.Mainstay Mackay Strategic Systematic Risk
Mainstay Mackay's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Mackay 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 Mackay Strategic correlated with the market. If Beta is less than 0 Mainstay Mackay generally moves in the opposite direction as compared to the market. If Mainstay Mackay Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Mackay Strategic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Mackay is generally in the same direction as the market. If Beta > 1 Mainstay Mackay moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Mackay December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Mackay help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Mackay Strategic. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Mackay Strategic 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 Mackay's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3089 | |||
| Information Ratio | (0.64) | |||
| Maximum Drawdown | 1.05 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.2119 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Mackay 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 Mackay security.
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