Mainstay Mackay Financials
| MMHEX Fund | USD 11.78 0.01 0.09% |
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 Mackay Fund Summary
Mainstay Mackay competes with Multimanager Lifestyle, Rbc China, Scharf Balanced, Qs International, and T Rowe. The investment seeks a high level of current income exempt from federal income taxes the secondary investment objective is total return. Mainstay Mackay is traded on NASDAQ Exchange in the United States.Specialization | High Yield Muni, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Mainstay Funds Trust |
| Mutual Fund Family | MainStay |
| Mutual Fund Category | High Yield Muni |
| Benchmark | Dow Jones Industrial |
| Phone | 844 383 6477 |
| Currency | USD - US Dollar |
Mainstay Mackay Key Financial Ratios
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Mackay's current stock value. Our valuation model uses many indicators to compare Mainstay Mackay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Mackay competition to find correlations between indicators driving Mainstay Mackay's intrinsic value. More Info.Mainstay Mackay High is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 8.67 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 Mackay's earnings, one of the primary drivers of an investment's value.Mainstay Mackay High Systematic Risk
Mainstay Mackay's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Mackay 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Mainstay Mackay High correlated with the market. If Beta is less than 0 Mainstay Mackay generally moves in the opposite direction as compared to the market. If Mainstay Mackay Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Mackay High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Mackay is generally in the same direction as the market. If Beta > 1 Mainstay Mackay moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Mackay March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Mackay help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Mackay High. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Mackay High 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 Mackay's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3461 | |||
| Information Ratio | 0.2766 | |||
| Maximum Drawdown | 1.35 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.5111 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Mackay 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 Mackay security.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |