Mainstay Valuation

MYSPX Fund  USD 66.74  0.25  0.37%   
At this time, the fund appears to be fairly valued. Mainstay Sp 500 secures a last-minute Real Value of $66.13 per share. The latest price of the fund is $66.74. We determine the value of Mainstay Sp 500 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
66.74
Please note that Mainstay's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Sp 500 secures a last-minute Real Value of $66.13 per share. The latest price of the fund is $66.74. We determine the value of Mainstay Sp 500 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 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay'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  66.74 Real  66.13 Hype  66.99 Naive  66.75
The intrinsic value of Mainstay'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'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.
66.13
Real Value
73.69
Upside
Estimating the potential upside or downside of Mainstay Sp 500 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 more accurately as focusing exclusively on Mainstay's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
66.2566.7567.25
Details
Hype
Prediction
LowEstimatedHigh
66.2266.9967.76
Details
Naive
Forecast
LowNext ValueHigh
65.9766.7567.52
Details

Mainstay Total Value Analysis

Mainstay Sp 500 is now projected 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 fundamentals before making investing decisions based on enterprise value of the company

Mainstay 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 November.

About Mainstay Valuation

Our relative valuation model uses a comparative analysis of Mainstay. We calculate exposure to Mainstay's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mainstay's related companies.
The fund normally invests at least 80 percent of its assets in stocks as represented in the Standard Poors 500 Index in the same proportion, to the extent feasible. It may invest up to 20 percent of its total assets in options and futures contracts to maintain cash reserves, while being fully invested, to facilitate trading or to reduce transaction costs.

Other Information on Investing in Mainstay Mutual Fund

Mainstay 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 security.
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