Mainstay Financial Statements From 2010 to 2024
| MSPIX Fund | USD 62.48 0.16 0.26% |
Check Mainstay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainstay's main balance sheet or income statement drivers, such as , as well as many indicators such as . Mainstay financial statements analysis is a perfect complement when working with Mainstay Valuation or Volatility modules.
Mainstay |
Mainstay Sp 500 Mutual Fund Price To Book Analysis
Mainstay's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Mainstay Price To Book | 2.61 X |
Most of Mainstay's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mainstay Sp 500 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Mainstay Sp 500 has a Price To Book of 2.61 times. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the Large Blend category. The price to book for all United States funds is notably lower than that of the firm.
Mainstay Sp 500 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay's current stock value. Our valuation model uses many indicators to compare Mainstay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay competition to find correlations between indicators driving Mainstay's intrinsic value. More Info.Mainstay Sp 500 is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mainstay Sp 500 is roughly 7.18 . 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's earnings, one of the primary drivers of an investment's value.About Mainstay Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Mainstay income statement, its balance sheet, and the statement of cash flows. Mainstay investors use historical funamental indicators, such as Mainstay's revenue or net income, to determine how well the company is positioned to perform in the future. Although Mainstay investors may use each financial statement separately, they are all related. The changes in Mainstay's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mainstay'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. We offer a historical overview of the basic patterns found on Mainstay Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mainstay. Please read more on our technical analysis and fundamental analysis pages.
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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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