Mainstay Moderate Growth Fund Manager Performance Evaluation

MGDNX Fund  USD 17.00  0.02  0.12%   
The fund secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mainstay Moderate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay Moderate is expected to be smaller as well.

Risk-Adjusted Performance

12 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in Mainstay Moderate Growth are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Mainstay Moderate is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio1.0700
  

Mainstay Moderate Relative Risk vs. Return Landscape

If you would invest  1,606  in Mainstay Moderate Growth on August 31, 2024 and sell it today you would earn a total of  94.00  from holding Mainstay Moderate Growth or generate 5.85% return on investment over 90 days. Mainstay Moderate Growth is currently producing 0.0919% returns and takes up 0.563% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Mainstay, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Mainstay Moderate is expected to generate 1.61 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.32 times less risky than the market. It trades about 0.16 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.2 of returns per unit of risk over similar time horizon.

Mainstay Moderate Current Valuation

Fairly Valued
Today
17.00
Please note that Mainstay Moderate's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Moderate Growth secures a last-minute Real Value of $16.85 per share. The latest price of the fund is $17.0. We determine the value of Mainstay Moderate Growth from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Mainstay Moderate is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Moderate's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  17.0 Real  16.85 Hype  17.0
The intrinsic value of Mainstay Moderate's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mainstay Moderate's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
16.85
Real Value
17.41
Upside
Estimating the potential upside or downside of Mainstay Moderate Growth helps investors to forecast how Mainstay mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mainstay Moderate more accurately as focusing exclusively on Mainstay Moderate's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
16.4417.0017.56
Details

Mainstay Moderate Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Moderate's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Moderate Growth, and traders can use it to determine the average amount a Mainstay Moderate's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1632

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Estimated Market Risk

 0.56
  actual daily
4
96% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Mainstay Moderate is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstay Moderate by adding it to a well-diversified portfolio.

Mainstay Moderate Fundamentals Growth

Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Moderate, and Mainstay Moderate fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mainstay Mutual Fund performance.

About Mainstay Moderate Performance

Evaluating Mainstay Moderate's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay Moderate has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mainstay Moderate has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund is a fund of funds that seeks to achieve its investment objective by investing primarily in mutual funds and ETFs managed by New York Life Investments or its affiliates. It seeks to achieve its investment objective by normally investing approximately 80 percent of its assets in underlying equity funds, and approximately 20 percent of its assets in underlying fixed-income funds.

Things to note about Mainstay Moderate Growth performance evaluation

Checking the ongoing alerts about Mainstay Moderate for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Moderate Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains about 7.15% of its assets in cash
Evaluating Mainstay Moderate's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Mainstay Moderate's mutual fund performance include:
  • Analyzing Mainstay Moderate's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mainstay Moderate's stock is overvalued or undervalued compared to its peers.
  • Examining Mainstay Moderate's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Mainstay Moderate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Moderate's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Mainstay Moderate's mutual fund. These opinions can provide insight into Mainstay Moderate's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Mainstay Moderate's mutual fund performance is not an exact science, and many factors can impact Mainstay Moderate's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Mainstay Mutual Fund

Mainstay Moderate 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 Moderate security.
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