Mainstay Tax Financial Statements From 2010 to 2024
| MKTBX Fund | USD 9.39 0.01 0.11% |
Check Mainstay Tax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainstay Tax'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 Tax Valuation or Volatility modules.
Mainstay |
Mainstay Tax Free Mutual Fund Year To Date Return Analysis
Mainstay Tax's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Mainstay Tax Year To Date Return | 1.41 % |
Most of Mainstay Tax's fundamental indicators, such as Year To Date Return, 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 Tax Free is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
Based on the company's disclosures, Mainstay Tax Free has a Year To Date Return of 1.4064%. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the Muni National Long category. The year to date return for all United States funds is notably lower than that of the firm.
Mainstay Tax Free Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Tax's current stock value. Our valuation model uses many indicators to compare Mainstay Tax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Tax competition to find correlations between indicators driving Mainstay Tax's intrinsic value. More Info.Mainstay Tax Free is regarded fifth largest fund in annual yield among similar funds. It is rated below average in year to date return among similar funds creating about 226.84 of Year To Date Return 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 Tax's earnings, one of the primary drivers of an investment's value.About Mainstay Tax Financial Statements
Mainstay Tax investors use historical fundamental indicators, such as Mainstay Tax'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 Tax. 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 municipal bonds that are rated investment grade. On average, it will invest in municipal bonds that have a maturity range of 10 to 30 years. The fund may not invest more than 20 percent of its net assets in tax-exempt securities subject to the federal alternative minimum tax.
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 Tax 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 Tax security.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |