Mainstay Indexed Bond Fund Manager Performance Evaluation
| MIXAX Fund | USD 9.07 0.02 0.22% |
The fund secures a Beta (Market Risk) of 0.0057, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mainstay Indexed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay Indexed is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Mainstay Indexed Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Mainstay Indexed is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 0.7500 |
Mainstay |
Mainstay Indexed Relative Risk vs. Return Landscape
If you would invest 916.00 in Mainstay Indexed Bond on September 23, 2024 and sell it today you would lose (9.00) from holding Mainstay Indexed Bond or give up 0.98% of portfolio value over 90 days. Mainstay Indexed Bond is currently producing negative expected returns and takes up 0.1059% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Mainstay, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mainstay Indexed Current Valuation
Fairly Valued
Today
Please note that Mainstay Indexed's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Indexed Bond secures a last-minute Real Value of $9.08 per share. The latest price of the fund is $9.07. We determine the value of Mainstay Indexed Bond from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Mainstay Indexed is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Indexed's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.07 | Real 9.08 | Hype 9.07 | Naive 9.03 |
The intrinsic value of Mainstay Indexed's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mainstay Indexed's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Mainstay Indexed Bond helps investors to forecast how Mainstay mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mainstay Indexed more accurately as focusing exclusively on Mainstay Indexed's fundamentals will not take into account other important factors: Mainstay Indexed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Indexed's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Indexed Bond, and traders can use it to determine the average amount a Mainstay Indexed's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1428
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| MIXAX |
Based on monthly moving average Mainstay Indexed is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstay Indexed by adding Mainstay Indexed to a well-diversified portfolio.
Mainstay Indexed Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Indexed, and Mainstay Indexed fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mainstay Mutual Fund performance.
| Total Asset | 54.07 M | ||||
About Mainstay Indexed Performance
Evaluating Mainstay Indexed's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay Indexed has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mainstay Indexed has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Mainstay Indexed Bond performance evaluation
Checking the ongoing alerts about Mainstay Indexed for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Indexed Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mainstay Indexed generated a negative expected return over the last 90 days | |
| The fund maintains about 8.42% of its assets in bonds |
- Analyzing Mainstay Indexed's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mainstay Indexed's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Indexed's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mainstay Indexed's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Indexed's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Indexed's mutual fund. These opinions can provide insight into Mainstay Indexed's potential for growth and whether the stock is currently undervalued or overvalued.
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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