Mainstay Floating Financials
| MXFNX Fund | USD 8.86 0.00 0.00% |
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 Floating Fund Summary
Mainstay Floating competes with Pace High, Aqr Alternative, Virtus High, Pioneer High, and Inverse High. The fund invests at least 80 percent of its assets in a portfolio of floating rate loans and other floating rate debt securities. When the funds Subadvisor believes that market or economic conditions are unfavorable to investors, up to 100 percent of the funds assets may be invested in money market or short-term debt securities. The fund may invest up to 25 percent of its total assets in foreign securities which are generally U.S. dollar-denominated loans and other debt securities issued by one or more non-U.S. borrower without a U.S. domiciled co-borrower.Specialization | Bank Loan, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Mainstay Funds Trust |
| Mutual Fund Family | MainStay |
| Mutual Fund Category | Bank Loan |
| Benchmark | Dow Jones Industrial |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
Mainstay Floating Key Financial Ratios
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Floating's current stock value. Our valuation model uses many indicators to compare Mainstay Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Floating competition to find correlations between indicators driving Mainstay Floating's intrinsic value. More Info.Mainstay Floating Rate 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 0.55 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Floating Rate is roughly 1.83 . 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 Floating's earnings, one of the primary drivers of an investment's value.Mainstay Floating Rate Systematic Risk
Mainstay Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Floating 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Mainstay Floating Rate correlated with the market. If Beta is less than 0 Mainstay Floating generally moves in the opposite direction as compared to the market. If Mainstay Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Floating is generally in the same direction as the market. If Beta > 1 Mainstay Floating moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Floating March 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Floating Rate 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 Floating's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1209 | |||
| Information Ratio | 0.5453 | |||
| Maximum Drawdown | 0.6852 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1144 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Floating 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 Floating security.
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