Mainstay Conservative Financials
| MNERX Fund | USD 10.55 0.05 0.48% |
Mainstay |
Please note that past performance is not an indicator of the future performance of Mainstay Conservative, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Mainstay Conservative Fund Summary
Mainstay Conservative competes with Mainstay High, Mainstay Tax, Mainstay Income, Mainstay Large, and Mainstay Large. 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.Specialization | Allocation--30% to 50% Equity, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Mainstay Funds Trust |
| Mutual Fund Family | New York Life Investment Management LLC |
| Mutual Fund Category | Allocation--30% to 50% Equity |
| Benchmark | NYSE Composite |
| Phone | 800 624 6782 |
| Currency | USD - US Dollar |
You should never invest in Mainstay Conservative Etf without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Mainstay Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Mainstay Conservative's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Mainstay Conservative Key Financial Ratios
Generally speaking, Mainstay Conservative's financial ratios allow both analysts and investors to convert raw data from Mainstay Conservative's financial statements into concise, actionable information that can be used to evaluate the performance of Mainstay Conservative over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mainstay Conservative Etf reports annually and quarterly.Mainstay Financial Ratios Relationships
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. You can analyze the relationship between different fundamental ratios across Mainstay Conservative competition to find correlations between indicators driving Mainstay Conservative's intrinsic value. More Info.Mainstay Conservative Etf is number one fund in annual yield among similar funds. It is number one fund in net asset among similar funds making up about 1,702,541,681 of Net Asset per Annual Yield. 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 Conservative Etf Systematic Risk
Mainstay Conservative's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Conservative volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Mainstay Conservative Etf correlated with the market. If Beta is less than 0 Mainstay Conservative generally moves in the opposite direction as compared to the market. If Mainstay Conservative Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Conservative Etf is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Conservative is generally in the same direction as the market. If Beta > 1 Mainstay Conservative moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Conservative June 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mainstay Conservative help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Conservative Etf. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Conservative Etf based on widely used predictive technical indicators. In general, we focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mainstay Conservative's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4683 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.28 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.675 |
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 metropolitan statistical area. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..