Mainstay Tax Financial Statements From 2010 to 2024
| MTBAX Fund | USD 9.30 0.01 0.11% |
Check Mainstay Tax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainstay main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Mainstay financial statements analysis is a perfect complement when working with Mainstay Tax Valuation or Volatility modules.
Mainstay |
Mainstay Tax Free Mutual Fund Year To Date Return Analysis
Mainstay Tax's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Mainstay Tax Year To Date Return | 0.0001 % |
Most of Mainstay Tax's fundamental indicators, such as Year To Date Return, 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 Tax Free is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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Based on the company's disclosures, Mainstay Tax Free has a Year To Date Return of 1.0E-4%. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the Muni National Long category. The year to date return for all United States funds is notably lower than that of the firm.
Mainstay Tax Free Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Tax's current stock value. Our valuation model uses many indicators to compare Mainstay Tax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Tax competition to find correlations between indicators driving Mainstay Tax's intrinsic value. More Info.Mainstay Tax Free is regarded fourth largest fund in annual yield among similar funds. It is regarded third largest fund in year to date return among similar funds creating about 0.02 of Year To Date Return per Annual Yield. The ratio of Annual Yield to Year To Date Return for Mainstay Tax Free is roughly 48.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mainstay Tax by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mainstay Tax'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 Tax's earnings, one of the primary drivers of an investment's value.About Mainstay Tax Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Mainstay Tax income statement, its balance sheet, and the statement of cash flows. Mainstay Tax investors use historical funamental indicators, such as Mainstay Tax's revenue or net income, to determine how well the company is positioned to perform in the future. Although Mainstay Tax investors may use each financial statement separately, they are all related. The changes in Mainstay Tax's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mainstay Tax'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 Tax Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mainstay Tax. Please read more on our technical analysis and fundamental analysis pages.
The fund, under normal circumstances, invests at least 80 percent of its assets in municipal bonds that are rated investment grade. On average, it will invest in municipal bonds that have a maturity range of 10 to 30 years. The fund may not invest more than 20 percent of its net assets in tax-exempt securities subject to the federal alternative minimum tax.
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 Tax 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 Tax's short interest history, or implied volatility extrapolated from Mainstay Tax options trading.
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Try AI Portfolio ArchitectCheck out the analysis of Mainstay Tax Correlation against competitors. Note that the Mainstay Tax Free information on this page should be used as a complementary analysis to other Mainstay Tax'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 the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..