Mainstay California Financials
| MSCVX Fund | USD 9.63 0.02 0.21% |
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 California Fund Summary
Mainstay California competes with Mainstay Tax, Mainstay Large, Mainstay Large, Mainstay Large, and Mainstay Large. The fund invests at least 80 percent of its assets in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes. It may invest up to 20 percent of its net assets in municipal bonds subject to the federal alternative minimum tax, and municipal bonds that pay interest that is subject to federal and California income taxes.Specialization | Muni California Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Mainstay Funds Trust |
| Mutual Fund Family | MainStay |
| Mutual Fund Category | Muni California Long |
| Benchmark | Dow Jones Industrial |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
Mainstay California Key Financial Ratios
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay California's current stock value. Our valuation model uses many indicators to compare Mainstay California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay California competition to find correlations between indicators driving Mainstay California's intrinsic value. More Info.Mainstay California Tax 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 255.20 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 California's earnings, one of the primary drivers of an investment's value.Mainstay California Tax Systematic Risk
Mainstay California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay California 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Mainstay California Tax correlated with the market. If Beta is less than 0 Mainstay California generally moves in the opposite direction as compared to the market. If Mainstay California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay California Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay California is generally in the same direction as the market. If Beta > 1 Mainstay California moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay California January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay California Tax. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay California Tax 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 California's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 1.55 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.4137 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay California 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 California security.
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