Mainstay Short Financial Statements From 2010 to 2024
| MDHCX Fund | USD 9.59 0.01 0.10% |
Check Mainstay Short financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainstay Short'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 Short Valuation or Volatility modules.
Mainstay |
Mainstay Short Duration Mutual Fund Price To Sales Analysis
Mainstay Short's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Mainstay Short Price To Sales | 0.27 X |
Most of Mainstay Short's fundamental indicators, such as Price To Sales, 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 Short Duration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Mainstay Short Duration has a Price To Sales of 0.27 times. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the High Yield Bond category. The price to sales for all United States funds is notably lower than that of the firm.
Mainstay Short Duration Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Short's current stock value. Our valuation model uses many indicators to compare Mainstay Short value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Short competition to find correlations between indicators driving Mainstay Short's intrinsic value. More Info.Mainstay Short Duration is number one fund in price to book among similar funds. It also is number one fund in price to sales among similar funds fabricating about 0.16 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Mainstay Short Duration is roughly 6.11 . 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 Short's earnings, one of the primary drivers of an investment's value.About Mainstay Short Financial Statements
Mainstay Short investors use historical fundamental indicators, such as Mainstay Short'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 Short. Please read more on our technical analysis and fundamental analysis pages.
The fund, under normal circumstances, invests at least 80 percent of its assets in high-yield debt securities that are rated below investment grade by a nationally recognized statistical rating organization or that are unrated but are considered to be of comparable quality by MacKay Shields LLC, the funds Subadvisor. It will generally seek to maintain a weighted average duration of three years or less, although the fund may invest in instruments of any duration or maturity.
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 Short 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 Short security.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |