Mainstay Conservative Etf Fundamentals
| MNEVX Fund | USD 10.94 0.07 0.64% |
Mainstay Conservative Etf fundamentals help investors to digest information that contributes to Mainstay Conservative's financial success or failures. It also enables traders to predict the movement of Mainstay Mutual Fund. The fundamental analysis module provides a way to measure Mainstay Conservative'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 Mainstay Conservative mutual fund.
Mainstay |
Mainstay Conservative Etf Mutual Fund Net Asset Analysis
Mainstay Conservative's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Mainstay Conservative Net Asset | 40.52 M |
Most of Mainstay Conservative's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mainstay Conservative Etf is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Mainstay Conservative Etf has a Net Asset of 40.52 M. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the Allocation--30% to 50% Equity category. The net asset for all United States funds is notably lower than that of the firm.
Mainstay Conservative Etf Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Conservative's current stock value. Our valuation model uses many indicators to compare Mainstay Conservative value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Conservative competition to find correlations between indicators driving Mainstay Conservative's intrinsic value. More Info.Mainstay Conservative Etf is number one fund in annual yield among similar funds. It also is number one fund in net asset among similar funds making up about 1,724,276,255 of Net Asset 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 Conservative's earnings, one of the primary drivers of an investment's value.Mainstay Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mainstay Conservative's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mainstay Conservative could also be used in its relative valuation, which is a method of valuing Mainstay Conservative by comparing valuation metrics of similar companies.Mainstay Conservative is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Mainstay Conservative
The fund invests 40.25% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (5.61%) , cash (6.58%) and various exotic instruments.Asset allocation divides Mainstay Conservative's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Mainstay Fundamentals
| Total Asset | 34.72 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 40.52 M | ||||
| Last Dividend Paid | 0.05 | ||||
| Cash Position Weight | 6.58 % | ||||
| Equity Positions Weight | 40.25 % | ||||
| Bond Positions Weight | 5.61 % |
About Mainstay Conservative Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mainstay Conservative Etf's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Conservative using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Conservative Etf based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.The fund is a fund of funds that seeks to achieve its investment objective by investing in unaffiliated passively-managed exchange-traded funds . It seeks to achieve its investment objective by normally investing approximately 60 percent of its assets in Underlying Fixed-Income ETFs and approximately 40 percent of its assets in Underlying Equity ETFs. The fund may invest approximately 10 percent of its assets in Underlying International Equity ETFs.
Also Currently Popular
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.Other Information on Investing in Mainstay Mutual Fund
Mainstay Conservative 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 Conservative security.
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