Mainstay Income Builder Fund Manager Performance Evaluation
| MTINX Fund | USD 21.11 0.01 0.05% |
The fund secures a Beta (Market Risk) of 0.0213, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mainstay Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay Income is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Mainstay Income Builder are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Mainstay Income is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.2800 |
Mainstay |
Mainstay Income Relative Risk vs. Return Landscape
If you would invest 2,084 in Mainstay Income Builder on August 30, 2024 and sell it today you would earn a total of 27.00 from holding Mainstay Income Builder or generate 1.3% return on investment over 90 days. Mainstay Income Builder is currently producing 0.0215% returns and takes up 0.4754% volatility of returns over 90 trading days. Put another way, 4% 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 Income Current Valuation
Fairly Valued
Today
Please note that Mainstay Income's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Income Builder secures a last-minute Real Value of $21.03 per share. The latest price of the fund is $21.11. We determine the value of Mainstay Income Builder 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 Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Income'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 21.11 | Real 21.03 | Hype 21.11 | Naive 21.18 |
The intrinsic value of Mainstay Income'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 Income'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 Income Builder 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 Income more accurately as focusing exclusively on Mainstay Income's fundamentals will not take into account other important factors: Mainstay Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Income Builder, and traders can use it to determine the average amount a Mainstay Income'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 = 0.0453
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MTINX |
Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mainstay Income is performing at about 3% 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 Income by adding it to a well-diversified portfolio.
Mainstay Income Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Income, and Mainstay Income 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 | 17.77 X | |||
| Price To Book | 2.45 X | |||
| Price To Sales | 1.64 X | |||
| Total Asset | 1.62 B | |||
About Mainstay Income Performance
Evaluating Mainstay Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mainstay Income 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 Income 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 a minimum of 30 percent of its net assets in equity securities and a minimum of 30 percent of its net assets in debt securities. From time to time, it may temporarily invest less than 30 percent of its net assets in equity or debt securities as a result of market conditions, individual securities transactions or cash flow considerations.Things to note about Mainstay Income Builder performance evaluation
Checking the ongoing alerts about Mainstay Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Income Builder 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 about 16.51% of its assets in cash |
- Analyzing Mainstay Income'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 Income's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Income'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 Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Income's mutual fund. These opinions can provide insight into Mainstay Income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mainstay Mutual Fund
Mainstay Income 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 Income security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |