Mainstay Nerstone Growth Fund Total Asset
| KLGNX Fund | USD 43.53 0.73 1.71% |
Mainstay Nerstone Growth fundamentals help investors to digest information that contributes to Mainstay Nerstone's financial success or failures. It also enables traders to predict the movement of Mainstay Mutual Fund. The fundamental analysis module provides a way to measure Mainstay Nerstone's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mainstay Nerstone mutual fund.
Mainstay |
Mainstay Nerstone Growth Mutual Fund Total Asset Analysis
Mainstay Nerstone's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Mainstay Nerstone Total Asset | 669.48 M |
Most of Mainstay Nerstone's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mainstay Nerstone Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Mainstay Nerstone Growth has a Total Asset of 669.48 M. This is much higher than that of the MainStay family and significantly higher than that of the Large Growth category. The total asset for all United States funds is notably lower than that of the firm.
Mainstay Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mainstay Nerstone's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mainstay Nerstone could also be used in its relative valuation, which is a method of valuing Mainstay Nerstone by comparing valuation metrics of similar companies.Mainstay Nerstone is currently under evaluation in total asset among similar funds.
Fund Asset Allocation for Mainstay Nerstone
The fund consists of 95.28% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Mainstay Nerstone's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Mainstay Fundamentals
| Price To Earning | 19.66 X | |||
| Price To Book | 4.30 X | |||
| Price To Sales | 1.48 X | |||
| Total Asset | 669.48 M | |||
| Year To Date Return | 9.80 % | |||
| One Year Return | 34.93 % | |||
| Three Year Return | 3.01 % | |||
| Five Year Return | 10.87 % | |||
| Ten Year Return | 11.98 % | |||
| Net Asset | 726.48 M | |||
| Cash Position Weight | 4.76 % | |||
| Equity Positions Weight | 95.28 % |
About Mainstay Nerstone Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mainstay Nerstone Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Nerstone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Nerstone Growth based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Nerstone Growth. 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 board of governors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..