Mainstay Esg Multi Asset Fund One Year Return
MMAEXDelisted Fund | USD 9.25 0.00 0.00% |
Mainstay Esg Multi Asset fundamentals help investors to digest information that contributes to Mainstay Esg'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 Esg'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 Esg mutual fund.
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Mainstay Esg Multi Asset Mutual Fund One Year Return Analysis
Mainstay Esg'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% |
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.
CompetitionBased on the recorded statements, Mainstay Esg Multi Asset has an One Year Return of 0.0%. This indicator is about the same for the New York Life Investment Management LLC average (which is currently at 0.0) family and about the same as Allocation--50% to 70% Equity (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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 Esg'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 Esg could also be used in its relative valuation, which is a method of valuing Mainstay Esg by comparing valuation metrics of similar companies.Mainstay Esg is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Mainstay Esg
The fund invests 58.66% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (4.27%) , cash (6.34%) and various exotic instruments.Asset allocation divides Mainstay Esg'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 | 10.05 M | |||
Annual Yield | 0.02 % | |||
Net Asset | 13.57 M | |||
Cash Position Weight | 6.34 % | |||
Equity Positions Weight | 58.66 % | |||
Bond Positions Weight | 4.27 % |
About Mainstay Esg Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mainstay Esg Multi Asset's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Esg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Esg Multi Asset 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.
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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Mainstay Mutual Fund
If you are still planning to invest in Mainstay Esg Multi check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mainstay Esg's history and understand the potential risks before investing.
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