Mainstay Defensive Etf Manager Performance
| MDNCXDelisted Fund | USD 9.24 0.00 0.00% |
The fund secures a Beta (Market Risk) of 0.0109, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mainstay Defensive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay Defensive is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Mainstay Defensive Etf has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Mainstay Defensive is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreMainstay |
Mainstay Defensive Relative Risk vs. Return Landscape
If you would invest 924.00 in Mainstay Defensive Etf on August 31, 2024 and sell it today you would earn a total of 0.00 from holding Mainstay Defensive Etf or generate 0.0% return on investment over 90 days. Mainstay Defensive Etf is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% 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 Defensive Current Valuation
Overvalued
Today
Please note that Mainstay Defensive's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Mainstay Defensive Etf secures a last-minute Real Value of $8.52 per share. The latest price of the fund is $9.24. We determine the value of Mainstay Defensive Etf 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 Defensive is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Defensive'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 9.24 | Real 8.52 | Hype 9.24 | Naive 9.33 |
The intrinsic value of Mainstay Defensive'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 Defensive'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 Defensive Etf 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 Defensive more accurately as focusing exclusively on Mainstay Defensive's fundamentals will not take into account other important factors: Mainstay Defensive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Defensive's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Defensive Etf, and traders can use it to determine the average amount a Mainstay Defensive'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 = 0.0
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Based on monthly moving average Mainstay Defensive is not performing at its full potential. However, 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 Defensive by adding Mainstay Defensive to a well-diversified portfolio.
Mainstay Defensive Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Defensive, and Mainstay Defensive 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.
| Total Asset | 9.37 M | |||
About Mainstay Defensive Performance
Evaluating Mainstay Defensive's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay Defensive 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 Defensive 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 is a fund of funds that seeks to achieve its investment objective by investing in unaffiliated passively-managed exchange-traded funds . Mainstay Defensive is traded on NASDAQ Exchange in the United States.Things to note about Mainstay Defensive Etf performance evaluation
Checking the ongoing alerts about Mainstay Defensive for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Defensive Etf help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mainstay Defensive is not yet fully synchronised with the market data | |
| Mainstay Defensive has a very high chance of going through financial distress in the upcoming years | |
| The fund maintains about 6.87% of its assets in cash |
- Analyzing Mainstay Defensive'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 Defensive's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Defensive'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 Defensive's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Defensive's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Defensive's mutual fund. These opinions can provide insight into Mainstay Defensive's potential for growth and whether the stock is currently undervalued or overvalued.
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 main economic indicators. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Mainstay Mutual Fund
If you are still planning to invest in Mainstay Defensive Etf 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 Defensive's history and understand the potential risks before investing.
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