The fund secures a Beta (Market Risk) of -0.0444, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mainstay Conservative are expected to decrease at a much lower rate. During the bear market, Mainstay Conservative is likely to outperform the market. By analyzing Mainstay Conservative Etf technical indicators, you can presently evaluate if the expected return of 0.0513% will be sustainable into the future.
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Mainstay Conservative Etf are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Mainstay Conservative is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors....more
Mainstay Conservative Relative Risk vs. Return LandscapeIf you would invest 1,014 in Mainstay Conservative Etf on December 2, 2023 and sell it today you would earn a total of 31.00 from holding Mainstay Conservative Etf or generate 3.06% return on investment over 90 days. Mainstay Conservative Etf is currently producing 0.0513% returns and takes up 0.4794% volatility of returns over 90 trading days. Put another way, 4% 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. Assuming the 90 days horizon Mainstay Conservative is expected to generate 2.68 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.34 times less risky than the market. It trades about 0.11 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.21 of returns per unit of risk over similar time horizon.
Mainstay Conservative Current Valuation
Mainstay Conservative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Conservative's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mainstay Conservative Etf, and traders can use it to determine the average amount a Mainstay Conservative'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.
Mainstay Conservative Fundamentals Growth
Mainstay Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Conservative, and Mainstay Conservative fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mainstay Mutual Fund performance.
About Mainstay Conservative Performance
Things to note about Mainstay Conservative Etf performance evaluationChecking the ongoing alerts about Mainstay Conservative for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mainstay Conservative Etf help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions. Evaluating Mainstay Conservative's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Mainstay Conservative's mutual fund performance include:
- Analyzing Mainstay Conservative's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mainstay Conservative's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Conservative's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mainstay Conservative's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Conservative's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Conservative's mutual fund. These opinions can provide insight into Mainstay Conservative's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Conservative Etf. 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 nation.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 the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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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