Mainstay Esg Annual Yield vs. Net Asset

MMPEXDelisted Fund  USD 9.23  0.00  0.00%   
Considering the key profitability indicators obtained from Mainstay Esg's historical financial statements, Mainstay Esg Multi Asset may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Mainstay Esg's ability to earn profits and add value for shareholders.
For Mainstay Esg profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mainstay Esg to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mainstay Esg Multi Asset utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mainstay Esg's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mainstay Esg Multi Asset over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in income.
Please note, there is a significant difference between Mainstay Esg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainstay Esg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainstay Esg'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 Esg Multi Net Asset vs. Annual Yield Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Esg's current stock value. Our valuation model uses many indicators to compare Mainstay Esg value to that of its competitors to determine the firm's financial worth.
Mainstay Esg Multi Asset is number one fund in annual yield among similar funds. It also is number one fund in net asset among similar funds making up about  685,195,152  of Net Asset per Annual Yield. 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 Esg's earnings, one of the primary drivers of an investment's value.

Mainstay Net Asset vs. Annual Yield

Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Mainstay Esg

Yield

 = 

Income from Security

Current Share Price

 = 
0.02 %
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
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 Esg

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
13.57 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 Esg is currently under evaluation in net asset among similar funds.

Mainstay Esg Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mainstay Esg, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mainstay Esg will eventually generate negative long term returns. The profitability progress is the general direction of Mainstay Esg's change in net profit over the period of time. It can combine multiple indicators of Mainstay Esg, 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 investment seeks long-term growth of capital and, secondarily, current income. Mainstay ESG is traded on NASDAQ Exchange in the United States.

Mainstay Profitability Driver Comparison

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

Use Mainstay Esg 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 Esg 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 Esg will appreciate offsetting losses from the drop in the long position's value.

Mainstay Esg Pair Trading

Mainstay Esg Multi Asset Pair Trading Analysis

The ability to find closely correlated positions to Mainstay Esg 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 Esg 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 Esg - 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 Esg Multi Asset to buy it.
The correlation of Mainstay Esg 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 Esg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mainstay Esg Multi 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 Esg 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Mainstay Esg position

In addition to having Mainstay Esg 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 Railroads Thematic Idea Now

Railroads
Railroads Theme
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 41 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 Railroads Theme or any other thematic opportunities.
View All  Next Launch
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Consideration for investing in Mainstay Mutual Fund

If you are still planning to invest in Mainstay Esg Multi check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mainstay Esg's history and understand the potential risks before investing.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios