Mainstay Growth Last Dividend Paid vs. Net Asset

MGXIX Fund  USD 18.77  0.01  0.05%   
Considering the key profitability indicators obtained from Mainstay Growth's historical financial statements, Mainstay Growth Allocation may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Mainstay Growth's ability to earn profits and add value for shareholders.
For Mainstay Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mainstay Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mainstay Growth Allocation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mainstay Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mainstay Growth Allocation over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Mainstay Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainstay Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainstay Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Mainstay Growth Allo Net Asset vs. Last Dividend Paid Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Growth's current stock value. Our valuation model uses many indicators to compare Mainstay Growth value to that of its competitors to determine the firm's financial worth.
Mainstay Growth Allocation is number one fund in last dividend paid among similar funds. It also is number one fund in net asset among similar funds making up about  21,037,500,000  of Net Asset per Last Dividend Paid. 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 Growth's earnings, one of the primary drivers of an investment's value.

Mainstay Net Asset vs. Last Dividend Paid

Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.

Mainstay Growth

Last Dividend

 = 

Last Profit Distribution Amount

Total Shares

 = 
0.02
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Mainstay Growth

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
420.75 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

Mainstay Net Asset Comparison

Mainstay Growth is currently under evaluation in net asset among similar funds.

Mainstay Growth Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mainstay Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mainstay Growth will eventually generate negative long term returns. The profitability progress is the general direction of Mainstay Growth's change in net profit over the period of time. It can combine multiple indicators of Mainstay Growth, 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 is a fund of funds that seeks to achieve its investment objective by investing in mutual funds and ETFs managed by New York Life Investments or its affiliates. It seeks to achieve its investment objective by normally investing substantially all of its assets in underlying equity funds . The fund may invest approximately 25 percent of its assets in underlying international equity funds. It may invest up to 10 percent of its assets in underlying fixed-income funds.

Mainstay Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Mainstay Growth. 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 Growth 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 Growth's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Mainstay Growth without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Mainstay Growth position

In addition to having Mainstay Growth 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.

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Healthcare
Healthcare Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare 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 Healthcare Theme or any other thematic opportunities.
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Other Information on Investing in Mainstay Mutual Fund

To fully project Mainstay Growth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mainstay Growth Allo 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 Growth's income statement, its balance sheet, and the statement of cash flows.
Potential Mainstay Growth investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Mainstay Growth investors may work on each financial statement separately, they are all related. The changes in Mainstay Growth's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mainstay Growth's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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