Mainstay Wmc Equity Positions Weight vs. Net Asset
| MMPDX Fund | USD 35.67 0.05 0.14% |
For Mainstay Wmc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mainstay Wmc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mainstay Wmc Value utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mainstay Wmc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mainstay Wmc Value over time as well as its relative position and ranking within its peers.
Mainstay |
Mainstay Wmc Value Net Asset vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Wmc's current stock value. Our valuation model uses many indicators to compare Mainstay Wmc value to that of its competitors to determine the firm's financial worth. Mainstay Wmc Value is number one fund in equity positions weight among similar funds. It also is number one fund in net asset among similar funds making up about 9,831,892 of Net Asset per Equity 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 Wmc's earnings, one of the primary drivers of an investment's value.Mainstay Net Asset vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Mainstay Wmc |
| = | 97.74 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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 Wmc |
| = | 960.97 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 Wmc is currently under evaluation in net asset among similar funds.
Mainstay Wmc Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mainstay Wmc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mainstay Wmc will eventually generate negative long term returns. The profitability progress is the general direction of Mainstay Wmc's change in net profit over the period of time. It can combine multiple indicators of Mainstay Wmc, 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 invests in equity securities issued by companies of any size or market capitalization range. While it does not limit its investments to issuers within a particular capitalization range, it generally invests in large capitalization companies. The fund may invest in securities of foreign issuers, including securities of emerging market country issuers.
Mainstay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mainstay Wmc. 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 Wmc 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 Wmc's important profitability drivers and their relationship over time.
Use Mainstay Wmc 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 Wmc 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 Wmc will appreciate offsetting losses from the drop in the long position's value.Mainstay Wmc Pair Trading
Mainstay Wmc Value Pair Trading Analysis
The ability to find closely correlated positions to Mainstay Wmc 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 Wmc 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 Wmc - 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 Wmc Value to buy it.
The correlation of Mainstay Wmc 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 Wmc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mainstay Wmc Value 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 Wmc 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 Wmc position
In addition to having Mainstay Wmc 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 Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 34 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 Money Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Mainstay Mutual Fund
To fully project Mainstay Wmc's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mainstay Wmc Value 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 Wmc's income statement, its balance sheet, and the statement of cash flows.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |