Mainstay Balanced Fund Manager Performance Evaluation
| MBNAX Fund | USD 32.64 0.15 0.46% |
The fund secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mainstay Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay Balanced is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Mainstay Balanced Fund are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Mainstay Balanced is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 1.0700 |
Mainstay |
Mainstay Balanced Relative Risk vs. Return Landscape
If you would invest 3,169 in Mainstay Balanced Fund on August 26, 2024 and sell it today you would earn a total of 95.00 from holding Mainstay Balanced Fund or generate 3.0% return on investment over 90 days. Mainstay Balanced Fund is currently producing 0.0463% returns and takes up 0.4241% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Mainstay, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mainstay Balanced Current Valuation
Fairly Valued
Today
Please note that Mainstay Balanced's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Balanced secures a last-minute Real Value of $32.48 per share. The latest price of the fund is $32.64. We determine the value of Mainstay Balanced from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Mainstay Balanced is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Balanced's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 32.64 | Real 32.48 | Hype 32.64 | Naive 32.46 |
The intrinsic value of Mainstay Balanced's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mainstay Balanced's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Mainstay Balanced Fund helps investors to forecast how Mainstay mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mainstay Balanced more accurately as focusing exclusively on Mainstay Balanced's fundamentals will not take into account other important factors: Mainstay Balanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Balanced's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Balanced Fund, and traders can use it to determine the average amount a Mainstay Balanced's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1093
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MBNAX |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Mainstay Balanced is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstay Balanced by adding it to a well-diversified portfolio.
Mainstay Balanced Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Balanced, and Mainstay Balanced fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mainstay Mutual Fund performance.
| Price To Earning | 16.16 X | ||||
| Price To Book | 1.59 X | ||||
| Price To Sales | 1.06 X | ||||
| Total Asset | 349.77 M | ||||
About Mainstay Balanced Performance
Evaluating Mainstay Balanced's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay Balanced has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mainstay Balanced has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests approximately 60 percent of its assets in stocks and 40 percent of its assets in fixed-income securities and cash equivalents. Although this 6040 ratio may vary, the manager has adopted a fundamental policy that it will be a balanced fund. The fund may invest up to 20 percent of its net assets in foreign securities, but only in such securities that the Subadvisor for the fixed-income portion of the fund, and the Subadvisor for the equity portion of the fund, in accordance with each Subadvisors investment process.Things to note about Mainstay Balanced performance evaluation
Checking the ongoing alerts about Mainstay Balanced for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Balanced help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Mainstay Balanced's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Mainstay Balanced's mutual fund performance include:- Analyzing Mainstay Balanced's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mainstay Balanced's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Balanced's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mainstay Balanced's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Balanced's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Balanced's mutual fund. These opinions can provide insight into Mainstay Balanced's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mainstay Mutual Fund
Mainstay Balanced 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 Balanced security.
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