Mainstay Mackay Short Fund Manager Performance Evaluation
| MSTEX Fund | USD 9.42 0.01 0.11% |
The fund secures a Beta (Market Risk) of -0.0044, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mainstay Mackay are expected to decrease at a much lower rate. During the bear market, Mainstay Mackay is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Mainstay Mackay Short are ranked lower than 25 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Mainstay Mackay is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Mainstay |
Mainstay Mackay Relative Risk vs. Return Landscape
If you would invest 926.00 in Mainstay Mackay Short on November 19, 2025 and sell it today you would earn a total of 16.00 from holding Mainstay Mackay Short or generate 1.73% return on investment over 90 days. Mainstay Mackay Short is currently producing 0.0286% returns and takes up 0.088% 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 Mackay Current Valuation
Overvalued
Today
Please note that Mainstay Mackay's price fluctuation is very steady at this time. Based on Macroaxis valuation methodology, the fund is overvalued. Mainstay Mackay Short secures a last-minute Real Value of $8.65 per share. The latest price of the fund is $9.42. Our model forecasts the value of Mainstay Mackay Short from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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 Mackay is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Mackay'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 9.42 | Real 8.65 | Hype 9.42 |
The intrinsic value of Mainstay Mackay'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 Mackay'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 Mackay Short 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 Mackay more accurately as focusing exclusively on Mainstay Mackay's fundamentals will not take into account other important factors: Mainstay Mackay Target Price Odds to finish over Current Price
The tendency of Mainstay Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 9.42 | 90 days | 9.42 | roughly 2.23 |
Based on a normal probability distribution, the odds of Mainstay Mackay to move above the current price in 90 days from now is roughly 2.23 (This Mainstay Mackay Short probability density function shows the probability of Mainstay Mutual Fund to fall within a particular range of prices over 90 days) .
Mainstay Mackay Price Density |
| Price |
Predictive Modules for Mainstay Mackay
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mainstay Mackay Short. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mainstay Mackay's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mainstay Mackay Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mainstay Mackay is not an exception. The market had few large corrections towards the Mainstay Mackay's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Mainstay Mackay Short, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mainstay Mackay within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.0044 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.51 |
Mainstay Mackay Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Mainstay Mackay for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mainstay Mackay Short can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains all of the assets in different exotic instruments |
Mainstay Mackay Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Mackay, and Mainstay Mackay 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.
About Mainstay Mackay Performance
Evaluating Mainstay Mackay's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay Mackay 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 Mackay 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 municipal debt securities. It invests in an actively managed, diversified portfolio of tax-exempt municipal debt securities. The fund invests in investment grade securities. It may also invest up to 10 percent of its net assets in taxable municipal debt securities. Normally, the fund will have a dollar-weighted average maturity of three years or less.Things to note about Mainstay Mackay Short performance evaluation
Checking the ongoing alerts about Mainstay Mackay for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Mackay Short help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains all of the assets in different exotic instruments |
- Analyzing Mainstay Mackay'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 Mackay's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Mackay'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 Mackay's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Mackay's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Mackay's mutual fund. These opinions can provide insight into Mainstay Mackay's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mainstay Mutual Fund
Mainstay Mackay 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 Mackay security.
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