Mainstay Short Duration Fund Fundamentals
| MDHRXDelisted Fund | USD 9.49 0.00 0.00% |
Mainstay Short Duration fundamentals help investors to digest information that contributes to Mainstay Short's financial success or failures. It also enables traders to predict the movement of Mainstay Mutual Fund. The fundamental analysis module provides a way to measure Mainstay Short's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mainstay Short mutual fund.
Mainstay |
Mainstay Short Duration Mutual Fund Price To Sales Analysis
Mainstay Short's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Mainstay Short Price To Sales | 0.27 X |
Most of Mainstay Short's fundamental indicators, such as Price To Sales, 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 Short Duration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
CompetitionBased on the latest financial disclosure, Mainstay Short Duration has a Price To Sales of 0.27 times. This is 86.7% lower than that of the MainStay family and significantly higher than that of the High Yield Bond category. The price to sales for all United States funds is notably lower than that of the firm.
Mainstay Short Duration Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Short's current stock value. Our valuation model uses many indicators to compare Mainstay Short value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Short competition to find correlations between indicators driving Mainstay Short's intrinsic value. More Info.Mainstay Short Duration is number one fund in price to book among similar funds. It is number one fund in price to sales among similar funds fabricating about 0.16 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Mainstay Short Duration is roughly 6.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mainstay Short by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mainstay Short's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Short's earnings, one of the primary drivers of an investment's value.Mainstay Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mainstay Short's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mainstay Short could also be used in its relative valuation, which is a method of valuing Mainstay Short by comparing valuation metrics of similar companies.Mainstay Short is currently under evaluation in price to sales among similar funds.
Fund Asset Allocation for Mainstay Short
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks, cash and bonds.Asset allocation divides Mainstay Short's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Mainstay Fundamentals
| Price To Book | 1.65 X | |||
| Price To Sales | 0.27 X | |||
| Total Asset | 1.37 B | |||
| Annual Yield | 0.06 % | |||
| Year To Date Return | 0.66 % | |||
| One Year Return | 8.69 % | |||
| Three Year Return | 3.44 % | |||
| Five Year Return | 3.95 % | |||
| Net Asset | 1.28 B | |||
| Last Dividend Paid | 0.03 | |||
| Cash Position Weight | 0.49 % | |||
| Equity Positions Weight | 1.03 % | |||
| Bond Positions Weight | 7.55 % |
About Mainstay Short Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mainstay Short Duration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Short using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Short Duration based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund, under normal circumstances, invests at least 80 percent of its assets in high-yield debt securities that are rated below investment grade by a nationally recognized statistical rating organization or that are unrated but are considered to be of comparable quality by MacKay Shields LLC, the funds Subadvisor. Mainstay Mackay is traded on NASDAQ Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mainstay Short in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mainstay Short's short interest history, or implied volatility extrapolated from Mainstay Short options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Mainstay Mutual Fund
If you are still planning to invest in Mainstay Short Duration check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mainstay Short's history and understand the potential risks before investing.
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