Mainstay Growth Financials
| MGXBX Fund | USD 17.11 0.14 0.82% |
Mainstay |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Mainstay Growth Fund Summary
Mainstay Growth competes with Mainstay High, Mainstay Tax, Mainstay Income, Mainstay Large, and Mainstay Large. The fund is a fund of funds that seeks to achieve its investment objective by investing in mutual funds and ETFs managed by New York Life Investments or its affiliates. It seeks to achieve its investment objective by normally investing substantially all of its assets in underlying equity funds . The fund may invest approximately 25 percent of its assets in underlying international equity funds. It may invest up to 10 percent of its assets in underlying fixed-income funds.Specialization | Allocation--85%+ Equity, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Mainstay Funds Trust |
| Mutual Fund Family | New York Life Investment Management LLC |
| Mutual Fund Category | Allocation--85%+ Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Growth's current stock value. Our valuation model uses many indicators to compare Mainstay Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Growth competition to find correlations between indicators driving Mainstay Growth's intrinsic value. More Info.Mainstay Growth Allocation is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Growth Allocation is roughly 9.53 . 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 Growth's earnings, one of the primary drivers of an investment's value.Mainstay Growth Allo Systematic Risk
Mainstay Growth's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Growth volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Mainstay Growth Allo correlated with the market. If Beta is less than 0 Mainstay Growth generally moves in the opposite direction as compared to the market. If Mainstay Growth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Growth Allo is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Growth is generally in the same direction as the market. If Beta > 1 Mainstay Growth moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Growth November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Growth help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Growth Allocation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Growth Allocation based on widely used predictive technical indicators. In general, we focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mainstay Growth's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7453 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.61 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.16 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Growth 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 Growth security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |