Mainstay Mutual Fund Manager Performance Evaluation

EPSHX -  USA Fund  

USD 19.17  0.07  0.36%

The fund secures a Beta (Market Risk) of -0.0712, which conveys not very significant fluctuations relative to the market. Let's try to break down what Mainstay's beta means in this case. As returns on the market increase, returns on owning Mainstay Epoch are expected to decrease at a much lower rate. During the bear market, Mainstay Epoch is likely to outperform the market. Even though it is essential to pay attention to Mainstay Epoch Global price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Mainstay Epoch exposes twenty-six different technical indicators, which can help you to evaluate its performance.
  
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Mainstay Performance
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Over the last 90 days Mainstay Epoch Global has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical indicators, Mainstay Epoch is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Mainstay Price Channel

Fifty Two Week Low19.15
Fifty Two Week High21.14

Mainstay Epoch Relative Risk vs. Return Landscape

If you would invest  1,992  in Mainstay Epoch Global on February 21, 2022 and sell it today you would lose (75.00)  from holding Mainstay Epoch Global or give up 3.77% of portfolio value over 90 days. Mainstay Epoch Global is currently producing negative expected returns and takes up 1.2014% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Mainstay, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Mainstay Epoch is expected to generate 0.9 times more return on investment than the market. However, the company is 1.12 times less risky than the market. It trades about -0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Mainstay Epoch Current Valuation

Overvalued
Today 19.17
Share
Please note that Mainstay Epoch's price fluctuation is very steady at this time.
Mainstay Epoch Global secures a last-minute Real Value of $18.59 per share. The latest price of the fund is $19.17. At this time, the fund appears to be overvalued. We determine the value of Mainstay Epoch Global from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, stock prices and their ongoing real values will merge together.
Our valuation method for Mainstay Epoch Global is useful when determining the fair value of the Mainstay mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Mainstay Epoch. Since Mainstay Epoch is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Epoch's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
18.59
Real Value
19.79
Upside
Estimating the potential upside or downside of Mainstay Epoch Global helps investors to forecast how Mainstay mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mainstay Epoch more accurately as focusing exclusively on Mainstay Epoch's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
17.9719.1720.37
Details

Mainstay Epoch Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Epoch's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Epoch Global, and traders can use it to determine the average amount a Mainstay Epoch's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.044

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Estimated Market Risk
 1.2
  actual daily
 
 10 %
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1010
Expected Return
 -0.05
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 0 %
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Risk-Adjusted Return
 -0.04
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Based on monthly moving average Mainstay Epoch is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mainstay Epoch by adding it to a well-diversified portfolio.

About Mainstay Epoch Performance

To evaluate Mainstay Epoch Global Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Mainstay Epoch generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Mainstay Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Mainstay Epoch Global stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Mainstay's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks a high level of income capital appreciation is a secondary investment objective. Mainstay Epoch is traded on NASDAQ Exchange in the United States.

Things to note about Mainstay Epoch Global

Checking the ongoing alerts about Mainstay Epoch for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mainstay Epoch Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Mainstay Epoch Alerts

Equity Alerts and Improvement Suggestions

Mainstay Epoch generated a negative expected return over the last 90 days
The fund generated three year return of -2.0%
Mainstay Epoch Global retains 99.36% of its assets under management (AUM) in equities
Continue to Investing Opportunities. Note that the Mainstay Epoch Global information on this page should be used as a complementary analysis to other Mainstay Epoch'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Mainstay Epoch Global price analysis, check to measure Mainstay Epoch'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 Epoch is operating at the current time. Most of Mainstay Epoch's value examination focuses on studying past and present price action to predict the probability of Mainstay Epoch's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mainstay Epoch's price. Additionally, you may evaluate how the addition of Mainstay Epoch to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mainstay Epoch's value and its price as these two are different measures arrived at by different means. Investors typically determine Mainstay Epoch value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainstay Epoch'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.