MainStay Fundamentals

Mutual Funds . USA . 
Fund . MainStay Conservative ETF
MNEAX Fund  USD 9.89  0.05  0.51%   
MainStay Conservative ETF fundamentals help investors to digest information that contributes to MainStay Conservative'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 Conservative'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 Conservative mutual fund.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

MainStay Net Asset Analysis

MainStay Conservative's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset 
 = 
Current Market Value 
- 
Current Liabilities 
More About Net Asset | All Equity Analysis

Current MainStay Conservative Net Asset

    
  34.72 M  
Most of MainStay Conservative's fundamental indicators, such as Net Asset, 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 Conservative ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

MainStay Conservative Net Asset Component Assessment

Based on the recorded statements, MainStay Conservative ETF has a Net Asset of 34.72 M. This is much higher than that of the Category family and significantly higher than that of the Family category. The net asset for all United States funds is notably lower than that of the firm.

MainStay Conservative ETF Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MainStay Conservative's current stock value. Our valuation model uses many indicators to compare MainStay Conservative value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MainStay Conservative competition to find correlations between indicators driving MainStay Conservative's intrinsic value. More Info.
MainStay Conservative ETF is number one fund in cash position weight among similar funds. It is number one fund in net asset among similar funds making up about  5,276,596  of Net Asset per Cash Position Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value MainStay Conservative by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MainStay Conservative'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 Conservative's earnings, one of the primary drivers of an investment's value.

MainStay Last Dividend Paid Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MainStay Conservative's direct or indirect competition against its Last Dividend Paid 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 Conservative could also be used in its relative valuation, which is a method of valuing MainStay Conservative by comparing valuation metrics of similar companies.
MainStay Conservative is currently under evaluation in last dividend paid among similar funds.

Fund Asset Allocation for MainStay Conservative

The fund invests 40.25% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (5.61%) , cash (6.58%) and various exotic instruments.
Asset allocation divides MainStay Conservative'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

Total Asset34.72 M
Net Asset34.72 M
Last Dividend Paid0.05
Cash Position Weight6.58 %
Equity Positions Weight40.25 %
Bond Positions Weight5.61 %

About MainStay Conservative Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MainStay Conservative ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MainStay Conservative using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MainStay Conservative ETF 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 investment seeks current income and, secondarily, long-term growth of capital. Mainstay Conservative is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MainStay Conservative without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out MainStay Conservative Piotroski F Score and MainStay Conservative Altman Z Score analysis. Note that the MainStay Conservative ETF information on this page should be used as a complementary analysis to other MainStay Conservative's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for MainStay Mutual Fund analysis

When running MainStay Conservative's price analysis, check to measure MainStay Conservative's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MainStay Conservative is operating at the current time. Most of MainStay Conservative's value examination focuses on studying past and present price action to predict the probability of MainStay Conservative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MainStay Conservative's price. Additionally, you may evaluate how the addition of MainStay Conservative to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MainStay Conservative's value and its price as these two are different measures arrived at by different means. Investors typically determine if MainStay Conservative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MainStay Conservative's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Check out MainStay Conservative Piotroski F Score and MainStay Conservative Altman Z Score analysis.


 
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