Mainstay Nerstone Five Year Return vs. Three Year Return
| KLGBX Fund | USD 42.41 0.07 0.16% |
For Mainstay Nerstone profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mainstay Nerstone to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mainstay Nerstone Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mainstay Nerstone's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mainstay Nerstone Growth over time as well as its relative position and ranking within its peers.
Mainstay |
Mainstay Nerstone Growth Three Year Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Nerstone's current stock value. Our valuation model uses many indicators to compare Mainstay Nerstone value to that of its competitors to determine the firm's financial worth. Mainstay Nerstone Growth is rated below average in five year return among similar funds. It also is rated below average in three year return among similar funds reporting about 0.50 of Three Year Return per Five Year Return. The ratio of Five Year Return to Three Year Return for Mainstay Nerstone Growth is roughly 2.00 . 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 Nerstone's earnings, one of the primary drivers of an investment's value.Mainstay Three Year Return vs. Five Year Return
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.
Mainstay Nerstone |
| = | 11.46 % |
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.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Mainstay Nerstone |
| = | 5.73 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Mainstay Three Year Return Comparison
Mainstay Nerstone is currently under evaluation in three year return among similar funds.
Mainstay Nerstone Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mainstay Nerstone, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mainstay Nerstone will eventually generate negative long term returns. The profitability progress is the general direction of Mainstay Nerstone's change in net profit over the period of time. It can combine multiple indicators of Mainstay Nerstone, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests primarily in stocks of large-capitalization U.S. companies considered to have above-average earnings growth potential and reasonable stock prices in comparison with expected earnings. Under normal circumstances, at least 80 percent of its assets will be invested in securities issued by U.S. companies. The Subadvisor employs a traditional, bottom-up fundamental research approach to identify securities that possess sustainable growth at reasonable valuations.
Mainstay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mainstay Nerstone. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mainstay Nerstone position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mainstay Nerstone's important profitability drivers and their relationship over time.
Use Mainstay Nerstone in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mainstay Nerstone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mainstay Nerstone will appreciate offsetting losses from the drop in the long position's value.Mainstay Nerstone Pair Trading
Mainstay Nerstone Growth Pair Trading Analysis
The ability to find closely correlated positions to Mainstay Nerstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mainstay Nerstone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mainstay Nerstone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mainstay Nerstone Growth to buy it.
The correlation of Mainstay Nerstone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mainstay Nerstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mainstay Nerstone Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mainstay Nerstone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Mainstay Nerstone position
In addition to having Mainstay Nerstone in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Driverless Cars Thematic Idea Now
Driverless Cars
It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Driverless Cars Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Mainstay Mutual Fund
To fully project Mainstay Nerstone's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mainstay Nerstone Growth at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mainstay Nerstone's income statement, its balance sheet, and the statement of cash flows.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |