Mainstay Vertible Bond Positions Weight vs. Equity Positions Weight
| MCOAX Fund | USD 20.09 0.05 0.25% |
For Mainstay Vertible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mainstay Vertible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mainstay Vertible Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mainstay Vertible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mainstay Vertible Fund over time as well as its relative position and ranking within its peers.
Mainstay |
Mainstay Vertible Equity Positions Weight vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Vertible's current stock value. Our valuation model uses many indicators to compare Mainstay Vertible value to that of its competitors to determine the firm's financial worth. Mainstay Vertible Fund is number one fund in bond positions weight among similar funds. It also is number one fund in equity positions weight among similar funds making about 43.44 of Equity Positions Weight per Bond Positions Weight. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mainstay Vertible's earnings, one of the primary drivers of an investment's value.Mainstay Equity Positions Weight vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Mainstay Vertible |
| = | 0.09 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Mainstay Vertible |
| = | 3.91 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Mainstay Vertible Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mainstay Vertible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mainstay Vertible will eventually generate negative long term returns. The profitability progress is the general direction of Mainstay Vertible's change in net profit over the period of time. It can combine multiple indicators of Mainstay Vertible, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund, under normal circumstances, invests at least 80 percent of its assets in convertible securities such as bonds, debentures, corporate notes, and preferred stocks or other securities that are convertible into common stock or the cash value of a stock or a basket or index of equity securities. The balance of the fund may be invested or held in non-convertible debt, equity securities that do not pay regular dividends, U.S. government securities, and cash or cash equivalents.
Mainstay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mainstay Vertible. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mainstay Vertible position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mainstay Vertible's important profitability drivers and their relationship over time.
Use Mainstay Vertible in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mainstay Vertible position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mainstay Vertible will appreciate offsetting losses from the drop in the long position's value.Mainstay Vertible Pair Trading
Mainstay Vertible Fund Pair Trading Analysis
The ability to find closely correlated positions to Mainstay Vertible could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mainstay Vertible when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mainstay Vertible - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mainstay Vertible Fund to buy it.
The correlation of Mainstay Vertible is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mainstay Vertible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mainstay Vertible moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mainstay Vertible can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Mainstay Vertible position
In addition to having Mainstay Vertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Electrical Equipment Thematic Idea Now
Electrical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electrical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Mainstay Mutual Fund
To fully project Mainstay Vertible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mainstay Vertible at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mainstay Vertible's income statement, its balance sheet, and the statement of cash flows.
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