Sensex Today Ends 14 Points Higher Nifty Holds 25,000
| MCYAX Fund | USD 10.28 0.05 0.48% |
Slightly above 62% of Mainstay Candriam's investor base is looking to short. The analysis of overall sentiment of trading Mainstay Candriam Emerging mutual fund suggests that many investors are alarmed at this time. Mainstay Candriam's investing sentiment can be driven by a variety of factors including economic data, Mainstay Candriam's earnings reports, geopolitical events, and overall market trends.
Mainstay |
The BSE Sensex ended 14 points higher while the Nifty ended up by 7 points to close at 25,018.
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Mainstay Candriam Fundamental Analysis
We analyze Mainstay Candriam'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 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.
Three Year Return
Three Year Return Comparative Analysis
Mainstay Candriam is currently under evaluation in three year return among similar funds. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Mainstay Candriam Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mainstay Candriam mutual fund to make a market-neutral strategy. 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 with similar companies.
Peers
Mainstay Candriam Related Equities
| MLGRX | Mainstay Large | 0.81 | ||||
| MLRTX | Mainstay Large | 0.79 | ||||
| MLRSX | Mainstay Large | 0.77 | ||||
| MLRRX | Mainstay Large | 0.76 | ||||
| MLINX | Mainstay Large | 0.72 | ||||
| MMRDX | Mainstay Moderate | 0.34 | ||||
| MMHVX | Mainstay High | 0.33 | ||||
| MNODX | Mainstay Mackay | 0.31 | ||||
| MMHEX | Mainstay Mackay | 0.25 | ||||
| MNOVX | Mainstay New | 0.20 |
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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