MainStay MacKay Valuation

MHYTX -- USA Fund  

USD 5.62  0.01  0.18%

MainStay MacKay High secures last-minute Real Value of $5.55 per share. The latest price of the fund is $5.62. At this time the organization appears to be fairly valued. We determine the value of MainStay MacKay High from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Fairly Valued
October 17, 2019
5.62
Market Value
5.55
Real Value
6.18
Upside
MainStay MacKay is very steady asset. MainStay MacKay High secures last-minute Real Value of $5.55 per share. The latest price of the fund is $5.62. At this time the organization appears to be fairly valued. We determine the value of MainStay MacKay High from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Horizon     30 Days    Login   to change
MainStay MacKay High Yield Corp is rated below average in last dividend paid among similar funds. It is rated below average in cash position weight among similar funds creating about  198.50  of Cash Position Weight per Last Dividend Paid.

Valuation Basics

MainStay MacKay Enterprise Value Fundamentals

Annual Report Expense Ratio1.34%
Please see also Stocks Correlation. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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