Mainstay Large Cap Fund Manager Performance Evaluation
| MLRRX Fund | USD 13.15 0.01 0.08% |
The fund secures a Beta (Market Risk) of 1.01, which conveys a somewhat significant risk relative to the market. Mainstay Large returns are very sensitive to returns on the market. As the market goes up or down, Mainstay Large is expected to follow.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Mainstay Large Cap are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Mainstay Large may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 0.8300 |
Mainstay |
Mainstay Large Relative Risk vs. Return Landscape
If you would invest 1,213 in Mainstay Large Cap on August 26, 2024 and sell it today you would earn a total of 102.00 from holding Mainstay Large Cap or generate 8.41% return on investment over 90 days. Mainstay Large Cap is currently producing 0.1307% returns and takes up 1.1341% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Mainstay, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mainstay Large Current Valuation
Fairly Valued
Today
Please note that Mainstay Large's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Large Cap secures a last-minute Real Value of $12.96 per share. The latest price of the fund is $13.15. We determine the value of Mainstay Large Cap 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 Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Large'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 13.15 | Real 12.96 | Hype 13.15 | Naive 12.93 |
The intrinsic value of Mainstay Large'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 Large'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.
Estimating the potential upside or downside of Mainstay Large Cap 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 Large more accurately as focusing exclusively on Mainstay Large's fundamentals will not take into account other important factors: Mainstay Large Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Large Cap, and traders can use it to determine the average amount a Mainstay Large'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 = 0.1152
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MLRRX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Mainstay Large is performing at about 9% 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 Large by adding it to a well-diversified portfolio.
Mainstay Large Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Large, and Mainstay Large 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.
| Price To Earning | 27.32 X | ||||
| Price To Book | 4.53 X | ||||
| Price To Sales | 2.74 X | ||||
| Total Asset | 10.57 B | ||||
About Mainstay Large Performance
Evaluating Mainstay Large's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay Large 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 Large 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 invests at least 80 percent of its assets in large capitalization companies, which are companies having a market capitalization in excess of 4 billion at the time of purchase. The Subadvisor invests substantially all of the funds investable assets in domestic securities. However, the fund is permitted to invest up to 20 percent of its net assets in foreign securities. An issuer of a security is considered to be a U.S. or foreign issuer based on the issuers country of risk as determined by a third-party such as Bloomberg.Things to note about Mainstay Large Cap performance evaluation
Checking the ongoing alerts about Mainstay Large for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Large Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Mainstay Large's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Mainstay Large's mutual fund performance include:- Analyzing Mainstay Large'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 Large's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Large'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 Large's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Large's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Large's mutual fund. These opinions can provide insight into Mainstay Large's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mainstay Mutual Fund
Mainstay Large 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 Large security.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |