Mainstay Nerstone Financial Statements From 2010 to 2024
| KLGAX Fund | USD 50.25 0.34 0.67% |
Check Mainstay Nerstone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainstay Nerstone's main balance sheet or income statement drivers, such as , as well as many indicators such as . Mainstay financial statements analysis is a perfect complement when working with Mainstay Nerstone Valuation or Volatility modules.
Mainstay |
Mainstay Nerstone Growth Mutual Fund Price To Book Analysis
Mainstay Nerstone's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Mainstay Nerstone Price To Book | 4.30 X |
Most of Mainstay Nerstone's fundamental indicators, such as Price To Book, 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 Nerstone Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Mainstay Nerstone Growth has a Price To Book of 4.3 times. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the Large Growth category. The price to book for all United States funds is notably lower than that of the firm.
Mainstay Nerstone Growth Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across Mainstay Nerstone competition to find correlations between indicators driving Mainstay Nerstone's intrinsic value. More Info.Mainstay Nerstone Growth is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about 0.22 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Nerstone Growth is roughly 4.57 . 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.About Mainstay Nerstone Financial Statements
Mainstay Nerstone investors use historical fundamental indicators, such as Mainstay Nerstone's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mainstay Nerstone. Please read more on our technical analysis and fundamental analysis pages.
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.
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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.Other Information on Investing in Mainstay Mutual Fund
Mainstay Nerstone 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 Nerstone security.
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