Mainstay Mackay Valuation

MSTUX Fund  USD 9.29  0.01  0.11%   
At this time, the fund appears to be fairly valued. Mainstay Mackay Short secures a last-minute Real Value of $9.29 per share. The latest price of the fund is $9.29. We determine the value of Mainstay Mackay Short 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
9.29
Please note that Mainstay Mackay's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Mackay Short secures a last-minute Real Value of $9.29 per share. The latest price of the fund is $9.29. We determine the value of Mainstay Mackay Short 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 Mackay is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Mackay'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  9.29 Real  9.29 Hype  9.29 Naive  9.29
The intrinsic value of Mainstay Mackay'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 Mackay'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.
9.29
Real Value
9.40
Upside
Estimating the potential upside or downside of Mainstay Mackay Short 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 Mackay more accurately as focusing exclusively on Mainstay Mackay's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.289.299.30
Details
Hype
Prediction
LowEstimatedHigh
9.189.299.40
Details
Naive
Forecast
LowNext ValueHigh
9.189.299.40
Details

About Mainstay Mackay Valuation

Our relative valuation model uses a comparative analysis of Mainstay Mackay. We calculate exposure to Mainstay Mackay's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mainstay Mackay's related companies.
The fund normally invests at least 80 percent of its assets in municipal debt securities. It invests in an actively managed, diversified portfolio of tax-exempt municipal debt securities. The fund invests in investment grade securities. It may also invest up to 10 percent of its net assets in taxable municipal debt securities. Normally, the fund will have a dollar-weighted average maturity of three years or less.

Other Information on Investing in Mainstay Mutual Fund

Mainstay Mackay 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 Mackay security.
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