Mainstay Unconstrained Bond Fund Manager Performance Evaluation
| MSDIX Fund | USD 8.69 0.05 0.58% |
The fund secures a Beta (Market Risk) of 0.0425, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mainstay Unconstrained's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay Unconstrained is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Mainstay Unconstrained Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Mainstay Unconstrained 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 | 0.7000 |
Mainstay |
Mainstay Unconstrained Relative Risk vs. Return Landscape
If you would invest 872.00 in Mainstay Unconstrained Bond on August 28, 2024 and sell it today you would lose (3.00) from holding Mainstay Unconstrained Bond or give up 0.34% of portfolio value over 90 days. Mainstay Unconstrained Bond is currently producing negative expected returns and takes up 0.2585% volatility of returns over 90 trading days. Put another way, 2% 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 Unconstrained Current Valuation
Overvalued
Today
Please note that Mainstay Unconstrained's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Mainstay Unconstrained secures a last-minute Real Value of $8.48 per share. The latest price of the fund is $8.69. We determine the value of Mainstay Unconstrained 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 Unconstrained is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Unconstrained'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 8.69 | Real 8.48 | Hype 8.69 |
The intrinsic value of Mainstay Unconstrained'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 Unconstrained'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 Unconstrained Bond 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 Unconstrained more accurately as focusing exclusively on Mainstay Unconstrained's fundamentals will not take into account other important factors: Mainstay Unconstrained Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Unconstrained's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Unconstrained Bond, and traders can use it to determine the average amount a Mainstay Unconstrained'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 = -0.0199
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MSDIX |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mainstay Unconstrained 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 Unconstrained by adding Mainstay Unconstrained to a well-diversified portfolio.
Mainstay Unconstrained Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Unconstrained, and Mainstay Unconstrained 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 | 5.47 X | ||||
| Price To Book | 1.34 X | ||||
| Price To Sales | 0.34 X | ||||
| Total Asset | 486.65 M | ||||
About Mainstay Unconstrained Performance
Evaluating Mainstay Unconstrained's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay Unconstrained 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 Unconstrained 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 normally invests at least 80 percent of its assets in a diversified portfolio of debt or debt-related securities. The average portfolio duration of the fund will normally vary from 0 to 7 years. The fund may invest in derivatives, such as futures, options, forward commitments and interest rate swap agreements to try to enhance returns or reduce the risk of loss by hedging certain of its holdings or manage duration. It may invest up to 25 percent of its total assets in swaps.Things to note about Mainstay Unconstrained performance evaluation
Checking the ongoing alerts about Mainstay Unconstrained for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Unconstrained help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mainstay Unconstrained generated a negative expected return over the last 90 days | |
| The fund maintains about 19.29% of its assets in cash |
- Analyzing Mainstay Unconstrained'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 Unconstrained's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Unconstrained'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 Unconstrained's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Unconstrained's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Unconstrained's mutual fund. These opinions can provide insight into Mainstay Unconstrained's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mainstay Mutual Fund
Mainstay Unconstrained 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 Unconstrained security.
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