Mainstay Sp 500 Fund Manager Performance Evaluation
| MSXAX Fund | USD 67.21 0.39 0.58% |
The fund secures a Beta (Market Risk) of 0.83, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mainstay's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Mainstay Sp 500 are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Mainstay may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 0.5200 |
Mainstay |
Mainstay Relative Risk vs. Return Landscape
If you would invest 6,229 in Mainstay Sp 500 on August 29, 2024 and sell it today you would earn a total of 492.00 from holding Mainstay Sp 500 or generate 7.9% return on investment over 90 days. Mainstay Sp 500 is currently producing 0.1218% returns and takes up 0.771% volatility of returns over 90 trading days. Put another way, 6% 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 Current Valuation
Fairly Valued
Today
Please note that Mainstay's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Sp 500 secures a last-minute Real Value of $66.34 per share. The latest price of the fund is $67.21. We determine the value of Mainstay Sp 500 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 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay'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 67.21 | Real 66.34 | Hype 67.21 | Naive 66.96 |
The intrinsic value of Mainstay'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'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 Sp 500 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 more accurately as focusing exclusively on Mainstay's fundamentals will not take into account other important factors: Mainstay Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Sp 500, and traders can use it to determine the average amount a Mainstay'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 = 0.1579
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | MSXAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Mainstay 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 by adding it to a well-diversified portfolio.
Mainstay Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay, and Mainstay 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 | 19.26 X | |||
| Price To Book | 2.65 X | |||
| Price To Sales | 1.87 X | |||
| Total Asset | 866.25 M | |||
About Mainstay Performance
Evaluating Mainstay's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay 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 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 normally invests at least 80 percent of its assets in stocks as represented in the Standard Poors 500 Index in the same proportion, to the extent feasible. It may invest up to 20 percent of its total assets in options and futures contracts to maintain cash reserves, while being fully invested, to facilitate trading or to reduce transaction costs.Things to note about Mainstay Sp 500 performance evaluation
Checking the ongoing alerts about Mainstay for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Sp 500 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Mainstay's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Mainstay's mutual fund performance include:- Analyzing Mainstay'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's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay'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's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay's mutual fund. These opinions can provide insight into Mainstay's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mainstay Mutual Fund
Mainstay 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 security.
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