Mainstay Income Financials
| MTRAX Fund | USD 20.91 0.12 0.58% |
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 Income Fund Summary
Mainstay Income competes with Mainstay Vertible, Mfs Commodity, Mainstay High, and Mainstay Balanced. The fund normally invests a minimum of 30 percent of its net assets in equity securities and a minimum of 30 percent of its net assets in debt securities. From time to time, it may temporarily invest less than 30 percent of its net assets in equity or debt securities as a result of market conditions, individual securities transactions or cash flow considerations.Specialization | World Allocation, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US56062F7987 |
| Business Address | MainStay Funds |
| Mutual Fund Family | New York Life Investment Management LLC |
| Mutual Fund Category | World Allocation |
| Benchmark | Dow Jones Industrial |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
Mainstay Income Key Financial Ratios
Mainstay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Income's current stock value. Our valuation model uses many indicators to compare Mainstay Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Income competition to find correlations between indicators driving Mainstay Income's intrinsic value. More Info.Mainstay Income Builder 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 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Income Builder is roughly 7.24 . 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 Income's earnings, one of the primary drivers of an investment's value.Mainstay Income Builder Systematic Risk
Mainstay Income's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Income 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Mainstay Income Builder correlated with the market. If Beta is less than 0 Mainstay Income generally moves in the opposite direction as compared to the market. If Mainstay Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Income Builder is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Income is generally in the same direction as the market. If Beta > 1 Mainstay Income moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Income November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Income Builder. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Income Builder 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 Income's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4939 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 2.19 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 0.7722 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Income 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 Income security.
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