Nyli Mackay Core Etf Five Year Return
CPLB Etf | 20.87 0.02 0.1% |
NYLI MacKay Core fundamentals help investors to digest information that contributes to NYLI MacKay's financial success or failures. It also enables traders to predict the movement of NYLI Etf. The fundamental analysis module provides a way to measure NYLI MacKay's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NYLI MacKay etf.
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NYLI MacKay Core ETF Five Year Return Analysis
NYLI MacKay's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, NYLI MacKay Core has a Five Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Intermediate Core-Plus Bond (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
NYLI Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NYLI MacKay's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of NYLI MacKay could also be used in its relative valuation, which is a method of valuing NYLI MacKay by comparing valuation metrics of similar companies.NYLI MacKay is currently under evaluation in five year return as compared to similar ETFs.
NYLI Fundamentals
One Year Return | 5.50 % | |||
Three Year Return | (0.80) % |
About NYLI MacKay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NYLI MacKay Core's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NYLI MacKay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NYLI MacKay Core based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether NYLI MacKay Core offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NYLI MacKay's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nyli Mackay Core Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Nyli Mackay Core Etf:Check out NYLI MacKay Piotroski F Score and NYLI MacKay Altman Z Score analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of NYLI MacKay Core is measured differently than its book value, which is the value of NYLI that is recorded on the company's balance sheet. Investors also form their own opinion of NYLI MacKay's value that differs from its market value or its book value, called intrinsic value, which is NYLI MacKay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NYLI MacKay's market value can be influenced by many factors that don't directly affect NYLI MacKay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NYLI MacKay's value and its price as these two are different measures arrived at by different means. Investors typically determine if NYLI MacKay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NYLI MacKay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.