Mainstay Candriam Emerging Fund Fundamentals
| MCYCX Fund | USD 10.01 0.06 0.60% |
Mainstay Candriam Emerging fundamentals help investors to digest information that contributes to Mainstay Candriam'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 Candriam'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 Candriam mutual fund.
Mainstay |
Mainstay Candriam Emerging Mutual Fund One Year Return Analysis
Mainstay Candriam's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Mainstay Candriam One Year Return | 14.27 % |
Most of Mainstay Candriam's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mainstay Candriam Emerging is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Mainstay Candriam Emerging has an One Year Return of 14.2694%. This is 49.57% higher than that of the MainStay family and significantly higher than that of the Diversified Emerging Mkts category. The one year return for all United States funds is notably lower than that of the firm.
Mainstay Candriam Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Candriam's current stock value. Our valuation model uses many indicators to compare Mainstay Candriam value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Candriam competition to find correlations between indicators driving Mainstay Candriam's intrinsic value. More Info.Mainstay Candriam Emerging is number one fund in year to date return among similar funds. It also is number one fund in one year return among similar funds reporting about 1.33 of One Year Return per Year To Date Return. 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 Candriam's earnings, one of the primary drivers of an investment's value.Mainstay One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mainstay Candriam's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mainstay Candriam could also be used in its relative valuation, which is a method of valuing Mainstay Candriam by comparing valuation metrics of similar companies.Mainstay Candriam is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Mainstay Candriam
The fund consists of 95.93% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Mainstay Candriam'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
| Total Asset | 105.84 M | |||
| Year To Date Return | 10.73 % | |||
| One Year Return | 14.27 % | |||
| Three Year Return | (5.58) % | |||
| Five Year Return | 2.89 % | |||
| Net Asset | 72.17 M | |||
| Last Dividend Paid | 0.11 | |||
| Equity Positions Weight | 95.93 % |
About Mainstay Candriam Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mainstay Candriam Emerging's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Candriam using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Candriam Emerging 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.Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities or equity-related securities issued by entities in, or tied economically to, emerging markets. These securities may be denominated in U.S. or non-U.S. currencies. The fund may also invest in ETFs to obtain this exposure or for other investment purposes. It may also invest in ADRs, Global Depositary Receipts and non-voting Depositary Receipts.
Also Currently Popular
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 Candriam 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 Candriam security.
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