Mainstay Candriam Valuation

MCYVX Fund  USD 10.31  0.03  0.29%   
At this time, the fund appears to be fairly valued. Mainstay Candriam secures a last-minute Real Value of $10.35 per share. The latest price of the fund is $10.31. We determine the value of Mainstay Candriam 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
10.31
Please note that Mainstay Candriam's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Candriam secures a last-minute Real Value of $10.35 per share. The latest price of the fund is $10.31. We determine the value of Mainstay Candriam 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 Candriam is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Candriam'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  10.31 Real  10.35 Hype  10.31
The intrinsic value of Mainstay Candriam'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 Candriam'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.
10.35
Real Value
11.19
Upside
Estimating the potential upside or downside of Mainstay Candriam Emerging 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 Candriam more accurately as focusing exclusively on Mainstay Candriam's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
9.4710.3111.15
Details

About Mainstay Candriam Valuation

Our relative valuation model uses a comparative analysis of Mainstay Candriam. We calculate exposure to Mainstay Candriam's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mainstay Candriam's related companies.
Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities or equity-related securities issued by entities in, or tied economically to, emerging markets. These securities may be denominated in U.S. or non-U.S. currencies. The fund may also invest in ETFs to obtain this exposure or for other investment purposes. It may also invest in ADRs, Global Depositary Receipts and non-voting Depositary Receipts.

Other Information on Investing in Mainstay Mutual Fund

Mainstay Candriam 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 Candriam security.
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