Mainstay Mackay Annual Yield vs. Last Dividend Paid

MTFDX Fund  USD 9.56  0.01  0.10%   
Based on the key profitability measurements obtained from Mainstay Mackay's financial statements, Mainstay Mackay Strategic 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 Mackay's ability to earn profits and add value for shareholders.
For Mainstay Mackay profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mainstay Mackay to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mainstay Mackay Strategic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mainstay Mackay's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mainstay Mackay Strategic over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Mainstay Mackay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainstay Mackay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainstay Mackay'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 Mackay Strategic Last Dividend Paid vs. Annual Yield Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Mackay's current stock value. Our valuation model uses many indicators to compare Mainstay Mackay value to that of its competitors to determine the firm's financial worth.
Mainstay Mackay Strategic is number one fund in annual yield among similar funds. It also is number one fund in last dividend paid among similar funds creating about  10.00  of Last Dividend Paid 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 Mackay's earnings, one of the primary drivers of an investment's value.

Mainstay Last Dividend Paid 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 Mackay

Yield

 = 

Income from Security

Current Share Price

 = 
0 %
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.
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 Mackay

Last Dividend

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Last Profit Distribution Amount

Total Shares

 = 
0.01
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.

Mainstay Last Dividend Paid Comparison

Mainstay Mackay is currently under evaluation in last dividend paid among similar funds.

Mainstay Mackay Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mainstay Mackay, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mainstay Mackay will eventually generate negative long term returns. The profitability progress is the general direction of Mainstay Mackay's change in net profit over the period of time. It can combine multiple indicators of Mainstay Mackay, 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 municipal bonds, the income from which is exempt from federal income tax. It will seek to maintain a portfolio dollar-weighted average duration of 3 to 10 years, although the fund may invest in instruments of any duration or maturity. The manager will invest, under normal circumstances, at least 65 percent of its net assets in investment grade quality bonds as rated by a nationally recognized statistical rating organization, or if unrated, judged to be of comparable quality the funds subadvisor.

Mainstay Profitability Driver Comparison

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

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

Mainstay Mackay Pair Trading

Mainstay Mackay Strategic Pair Trading Analysis

The ability to find closely correlated positions to Mainstay Mackay 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 Mackay 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 Mackay - 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 Mackay Strategic to buy it.
The correlation of Mainstay Mackay 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 Mackay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mainstay Mackay Strategic 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 Mackay 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 Mackay position

In addition to having Mainstay Mackay 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 Robots And Drones Thematic Idea Now

Robots And Drones
Robots And Drones Theme
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 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 Robots And Drones Theme or any other thematic opportunities.
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Other Information on Investing in Mainstay Mutual Fund

To fully project Mainstay Mackay's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mainstay Mackay Strategic 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 Mackay's income statement, its balance sheet, and the statement of cash flows.
Potential Mainstay Mackay investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Mainstay Mackay investors may work on each financial statement separately, they are all related. The changes in Mainstay Mackay's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mainstay Mackay'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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