Mainstay Conservative Etf Manager Performance Evaluation

MNEAX Fund  USD 10.45  0.01  0.1%   
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.

Risk-Adjusted Performance

8 of 100

 
Low
 
High
OK
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 Landscape

If 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.
  Expected Return   
       Risk  
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

Fairly Valued
Today
10.45
Please note that Mainstay Conservative's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Conservative Etf secures a last-minute Real Value of $10.32 per share. The latest price of the fund is $10.45. We determine the value of Mainstay Conservative Etf from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Mainstay Conservative Etf 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 Conservative. Since Mainstay Conservative is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Mutual Fund. However, Mainstay Conservative'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.
Historical Market  10.45 Real  10.32 Hype  10.45
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
10.32
Real Value
10.80
Upside
Estimating the potential upside or downside of Mainstay Conservative Etf 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 Conservative more accurately as focusing exclusively on Mainstay Conservative's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
9.9710.4510.93
Details

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.

Sharpe Ratio = 0.1071

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashMNEAXAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.48
  actual daily
4
96% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Mainstay Conservative is performing at about 8% 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 Conservative by adding it to a well-diversified portfolio.

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

To evaluate Mainstay Conservative Etf 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 Conservative 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 Conservative Etf market performance in a much more refined way. 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 fund is a fund of funds that seeks to achieve its investment objective by investing in unaffiliated passively-managed exchange-traded funds . It seeks to achieve its investment objective by normally investing approximately 60 percent of its assets in Underlying Fixed-Income ETFs and approximately 40 percent of its assets in Underlying Equity ETFs. The fund may invest approximately 10 percent of its assets in Underlying International Equity ETFs.

Things to note about Mainstay Conservative Etf performance evaluation

Checking 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.
The fund maintains about 6.58% of its assets in cash
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.
It's essential to remember that evaluating Mainstay Conservative's mutual fund performance is not an exact science, and many factors can impact Mainstay Conservative's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Stocks Directory
Find actively traded stocks across global markets
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
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.