Mainstay Equity Etf Fundamentals
| MWFQX Fund | USD 16.30 0.12 0.74% |
Mainstay Equity Etf fundamentals help investors to digest information that contributes to Mainstay Equity'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 Equity'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 Equity mutual fund.
Mainstay |
Mainstay Equity Etf Mutual Fund Net Asset Analysis
Mainstay Equity's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Mainstay Equity Net Asset | 76.09 M |
Most of Mainstay Equity's fundamental indicators, such as Net Asset, 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 Equity Etf is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Mainstay Equity Etf has a Net Asset of 76.09 M. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the Allocation--85%+ Equity category. The net asset for all United States funds is notably lower than that of the firm.
Mainstay Equity Etf Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Equity's current stock value. Our valuation model uses many indicators to compare Mainstay Equity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Equity competition to find correlations between indicators driving Mainstay Equity's intrinsic value. More Info.Mainstay Equity Etf is number one fund in annual yield among similar funds. It also is number one fund in net asset among similar funds making up about 10,870,240,000 of Net Asset per Annual Yield. 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 Equity's earnings, one of the primary drivers of an investment's value.Mainstay Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mainstay Equity's direct or indirect competition against its Net Asset 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 Equity could also be used in its relative valuation, which is a method of valuing Mainstay Equity by comparing valuation metrics of similar companies.Mainstay Equity is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Mainstay Equity
The fund consists of 98.83% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Mainstay Equity'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 | 44.6 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 76.09 M | ||||
| Last Dividend Paid | 0.04 | ||||
| Cash Position Weight | 1.01 % | ||||
| Equity Positions Weight | 98.83 % |
About Mainstay Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mainstay Equity Etf's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Equity Etf 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.The fund is a fund of funds that seeks to achieve its investment objective by investing in unaffiliated passively-managed exchange-traded funds . It seeks to achieve its investment objective by normally investing substantially all of its assets in Underlying Equity ETFs . The fund may invest approximately 25 percent of its assets in Underlying International Equity ETFs. It may invest up to 10 percent of its assets in Underlying Fixed-Income ETFs.
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 Equity 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 Equity security.
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