Mainstay Conservative Equity Positions Weight vs. Cash Position Weight
| MNEAX Fund | USD 10.14 0.02 0.20% |
For Mainstay Conservative profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mainstay Conservative to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mainstay Conservative Etf utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mainstay Conservative's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mainstay Conservative Etf over time as well as its relative position and ranking within its peers.
Mainstay |
Mainstay Conservative Etf Cash Position Weight vs. Equity Positions Weight Fundamental Analysis
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. Mainstay Conservative Etf is rated below average in equity positions weight among similar funds. It is number one fund in cash position weight among similar funds creating about 0.16 of Cash Position Weight per Equity Positions Weight. The ratio of Equity Positions Weight to Cash Position Weight for Mainstay Conservative Etf is roughly 6.12 . 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 Cash Position Weight vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Mainstay Conservative |
| = | 40.25 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Mainstay Conservative |
| = | 6.58 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Mainstay Cash Position Weight Comparison
Mainstay Conservative is currently under evaluation in cash position weight among similar funds.
Mainstay Conservative Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mainstay Conservative, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mainstay Conservative will eventually generate negative long term returns. The profitability progress is the general direction of Mainstay Conservative's change in net profit over the period of time. It can combine multiple indicators of Mainstay Conservative, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The investment seeks current income and, secondarily, long-term growth of capital. Mainstay Conservative is traded on NASDAQ Exchange in the United States.
Mainstay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mainstay Conservative. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mainstay Conservative position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mainstay Conservative's important profitability drivers and their relationship over time.
| Equity Positions Weight vs Net Asset | ||
| Last Dividend Paid vs Cash Position Weight | ||
| Equity Positions Weight vs Bond Positions Weight |
Use Mainstay Conservative in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mainstay Conservative position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mainstay Conservative will appreciate offsetting losses from the drop in the long position's value.Mainstay Conservative Pair Trading
Mainstay Conservative Etf Pair Trading Analysis
The ability to find closely correlated positions to Mainstay Conservative could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mainstay Conservative when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mainstay Conservative - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mainstay Conservative Etf to buy it.
The correlation of Mainstay Conservative is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mainstay Conservative moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mainstay Conservative Etf moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mainstay Conservative can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Mainstay Conservative position
In addition to having Mainstay Conservative in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Basic Utilities Thematic Idea Now
Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Basic Utilities Theme or any other thematic opportunities.
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Check out Correlation 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 the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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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To fully project Mainstay Conservative's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mainstay Conservative Etf at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mainstay Conservative's income statement, its balance sheet, and the statement of cash flows.