Mainstay Convertible Valuation
| MCNVX Fund | USD 19.29 0.09 0.47% |
At this time, the fund appears to be fairly valued. Mainstay Convertible secures a last-minute Real Value of $19.21 per share. The latest price of the fund is $19.29. We determine the value of Mainstay Convertible from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Fairly Valued
Today
Please note that Mainstay Convertible's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Convertible secures a last-minute Real Value of $19.21 per share. The latest price of the fund is $19.29. We determine the value of Mainstay Convertible from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Mainstay Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Convertible's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 19.29 | Real 19.21 | Hype 19.2 | Naive 19.16 |
The intrinsic value of Mainstay Convertible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mainstay Convertible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Mainstay Vertible Fund helps investors to forecast how Mainstay mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mainstay Convertible more accurately as focusing exclusively on Mainstay Convertible's fundamentals will not take into account other important factors: Mainstay Convertible Total Value Analysis
Mainstay Vertible Fund is now anticipated to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Mainstay Convertible fundamentals before making investing decisions based on enterprise value of the companyMainstay Convertible Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Mainstay suggests not a very effective usage of assets in January.About Mainstay Convertible Valuation
Our relative valuation model uses a comparative analysis of Mainstay Convertible. We calculate exposure to Mainstay Convertible's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mainstay Convertible's related companies.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.
Other Information on Investing in Mainstay Mutual Fund
Mainstay Convertible financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Convertible security.
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