Empire Financial Management Company LLC Buys 333 Shares of EOG Resources, Inc.
Slightly above 67% of Mainstay Cushing's investor base is looking to short. The analysis of overall sentiment of trading Mainstay Cushing Energy mutual fund suggests that many investors are alarmed at this time. Mainstay Cushing's investing sentiment can be driven by a variety of factors including economic data, Mainstay Cushing's earnings reports, geopolitical events, and overall market trends.
Mainstay |
Empire Financial Management Company LLC grew its stake in EOG Resources, Inc. by 3.7 percent in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission . The fund owned 9,384 shares of the energy exploration companys stock after acquiring an additional 333 shares
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Mainstay Cushing Fundamental Analysis
We analyze Mainstay Cushing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Cushing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Cushing 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.
Price To Earning
Price To Earning Comparative Analysis
Mainstay Cushing is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Mainstay Cushing Energy Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mainstay Cushing mutual fund to make a market-neutral strategy. Peer analysis of Mainstay Cushing could also be used in its relative valuation, which is a method of valuing Mainstay Cushing by comparing valuation metrics with similar companies.
Peers
Mainstay Cushing Related Equities
ENPSX | Oil Gas | 0.67 | ||||
PEO | Adams Natural | 0.40 | ||||
VENAX | Vanguard Energy | 0.34 | ||||
PNRCX | Jennison Natural | 0.07 | ||||
AIWEX | World Energy | 0.33 | ||||
TMCLX | Transamerica Mlp | 0.45 | ||||
ALTEX | Firsthand Alternative | 0.69 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Mainstay Mutual Fund
If you are still planning to invest in Mainstay Cushing Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mainstay Cushing's history and understand the potential risks before investing.
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