Mainstay Vertible Fund Return On Asset
MCINX Fund | USD 20.08 0.00 0.00% |
Mainstay Vertible Fund fundamentals help investors to digest information that contributes to Mainstay Convertible's financial success or failures. It also enables traders to predict the movement of Mainstay Mutual Fund. The fundamental analysis module provides a way to measure Mainstay Convertible's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mainstay Convertible mutual fund.
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Mainstay Vertible Fund Mutual Fund Return On Asset Analysis
Mainstay Convertible's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Mainstay Vertible Fund has a Return On Asset of 0.0. This indicator is about the same for the MainStay average (which is currently at 0.0) family and about the same as Convertibles (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Mainstay Convertible
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks, cash and bonds.Asset allocation divides Mainstay Convertible's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Mainstay Fundamentals
Price To Earning | 8.43 X | ||||
Price To Book | 1.09 X | ||||
Price To Sales | 0.95 X | ||||
Total Asset | 1.65 B | ||||
Annual Yield | 0.04 % | ||||
Year To Date Return | 11.59 % | ||||
One Year Return | 16.17 % | ||||
Three Year Return | 2.14 % | ||||
Five Year Return | 9.95 % | ||||
Ten Year Return | 9.04 % | ||||
Net Asset | 1.41 B | ||||
Cash Position Weight | 4.72 % | ||||
Equity Positions Weight | 3.91 % | ||||
Bond Positions Weight | 0.09 % |
About Mainstay Convertible Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mainstay Vertible Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Convertible using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Vertible Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mainstay Mutual Fund
Mainstay Convertible 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 Convertible security.
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