Mainstay Definedterm Competition

Funds . USA . 
Fund . Mainstay Definedterm Muncipal
MMD Fund  USD 15.66  0.09  0.57%   
Mainstay Definedterm competes with Blackrock Muniholdings, DTF Tax, John Hancock, MFS Investment, and Invesco Municipal; as well as few others. The fund is not categorized under any group at the present time. Analyzing Mainstay Definedterm competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Mainstay Definedterm to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Mainstay Definedterm Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Mainstay Definedterm competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
15.0415.6616.28
Details
Intrinsic
Valuation
LowRealHigh
15.1815.8016.42
Details
Naive
Forecast
LowNextHigh
15.2515.8716.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.5715.9116.25
Details

Mainstay Definedterm Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Mainstay Definedterm and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Mainstay and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Mainstay Definedterm does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
VMO
+ 0.96
VGM
VMO
+ 0.94
IQI
IQI
+ 0.92
MHD
VGM
+ 0.91
MHD
VMO
+ 0.91
MHD
IQI
+ 0.91
VGM
  
High negative correlations   
CXE
- 0.59
CBH
CBH
- 0.45
MHD
VMO
- 0.42
CBH
IQI
- 0.39
CBH
CBH
- 0.36
JHS
VGM
- 0.32
CBH

Risk-Adjusted Indicators

There is a big difference between Mainstay Fund performing well and Mainstay Definedterm Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Mainstay Definedterm's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MHD  0.54  0.02 (0.11) 0.79  0.74 
(0.52)
 1.12 
(1.14)
 3.11 
DTF  0.22  0.01 (0.36)(0.17) 0.22 
(0.27)
 0.36 
(0.36)
 1.96 
JHS  0.29 (0.01)(0.23) 0.03  0.40 
(0.31)
 0.52 
(0.61)
 2.16 
CXH  0.34  0.05 (0.17)(0.13) 0.41 
(0.37)
 0.86 
(0.74)
 2.10 
CBH  0.13  0.03 (0.37) 1.09  0.00 
(0.18)
 0.22 
(0.22)
 0.78 
VKQ  0.41 (0.01)(0.23)(0.48) 0.46 
(0.52)
 0.91 
(0.90)
 2.98 
VGM  0.40  0.00 (0.20) 0.50  0.47 
(0.45)
 1.06 
(0.86)
 2.66 
IQI  0.41  0.00 (0.19) 0.13  0.48 
(0.45)
 0.80 
(0.70)
 2.30 
VMO  0.43  0.00 (0.19) 0.12  0.53 
(0.46)
 0.90 
(1.01)
 2.43 
CXE  0.49 (0.01)(0.18) 0.00  0.53 
(0.68)
 1.53 
(1.02)
 3.34 
All Fundamental Data

Mainstay Definedterm Competitive Analysis

The better you understand Mainstay Definedterm competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Mainstay Definedterm's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Mainstay Definedterm's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MMD MHD DTF JHS CXH CBH VKQ VGM IQI VMO
 0.57 
 15.66 
Mainstay
 0.64 
 12.62 
Blackrock
 0.53 
 11.37 
DTF
 0.34 
 11.64 
John
 0.36 
 8.32 
MFS
 95.65 
 17.98 
CBH
 0.59 
 10.16 
Invesco
 0.29 
 10.46 
Invesco
 0.20 
 10.21 
Invesco
 0.50 
 10.12 
Invesco
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Weak
Insignificant
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Very Low
Low
Very Low
Low
Low
Very Low
Low
Very Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Strong Buy
Not Available
Not Available
Hold
Hold
Strong Buy
Buy
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Sell
Hold
Cautious Hold
Cautious Hold
Not Rated
Cautious Hold
Cautious Hold
Cautious Hold
Hold
Current Ratio
7.65
0.17
17.99
0.1
1.92
N/A
1.72
1.58
1.38
0.94
Net Asset
N/A
N/A
84.27 M
230.91 M
114.47 M
N/A
919.23 M
947.06 M
882.39 M
1.18 B
Profit Margin
-152.79
114.84
0.0647
0.0249
0.29
N/A
1.25
1.24
1.28
1.2
EBITDA
N/A
N/A
3.08 M
273.29 K
1.57 M
N/A
61.34 M
62.45 M
57.49 M
76.77 M
Price To Book
0.81
0.73
0.93
0.99
0.98
N/A
0.92
0.92
0.92
0.92
Operating Margin
83.86
85.45
0.7
0.86
0.84
N/A
0.86
0.86
0.87
0.86
Current Valuation
757.84 M
1.1 B
77.06 M
227.3 M
111.25 M
N/A
855.06 M
875.21 M
811.43 M
1.07 B
Five Year Return
1.41
0.19
3.64
5.37
4.75
5.41
5.29
5.28
5.2
5.3
Retained Earnings
N/A
N/A
(11.4 M)
(47.44 M)
(9.58 M)
N/A
(84.01 M)
(83.5 M)
(58.96 M)
(103.67 M)
One Year Return
5.8
7.01
N/A
N/A
N/A
5.34
N/A
N/A
N/A
N/A
Beta
0.35
0.4
0.32
0.46
0.59
N/A
0.56
0.56
0.61
0.59
Shares Outstanding
27.79 M
53.36 M
7.03 M
11.65 M
8.2 M
18.26 M
55.34 M
54.23 M
52.88 M
67.44 M
Three Year Return
-1.77
-3.05
N/A
N/A
N/A
2.63
N/A
N/A
N/A
N/A
Cash Flow From Operations
32.13 M
182.63 M
43.42 M
4.84 M
11.84 M
N/A
83.71 M
53.49 M
51.57 M
53.91 M
Annual Yield
0.0048
0.0099
0.0345
0.0693
0.037
0.0046
0.0742
0.0743
0.0742
0.0744
Total Debt
326.74 M
531.29 M
71.88 K
91.3 M
43.77 M
N/A
299.23 M
319.78 M
287.68 M
427.23 M
Return On Equity
-10.01
-14.62
0.0024
0.0021
0.0216
N/A
0.0891
0.0884
0.0912
0.0896
Return On Asset
2.14
1.95
0.0129
0.0248
0.0225
N/A
0.0247
0.0248
0.0253
0.0251
Number Of Shares Shorted
11.15 K
17.81 K
37.49 K
8.27 K
53.09 K
1.4 K
138.54 K
102.39 K
103.01 K
36.41 K
Book Value Per Share
20.73
16.52
12.2
10.96
8.46
N/A
11.02
11.35
11.09
10.99
Total Asset
N/A
N/A
84.27 M
230.91 M
114.47 M
N/A
919.23 M
947.06 M
882.39 M
1.18 B
Last Dividend Paid
1.02
0.57
0.39
0.41
0.28
0.55
0.52
0.52
0.53
0.51
Debt To Equity
0.64
0.7
0.69
0.6
0.62
N/A
0.64
0.66
0.59
0.64
Short Ratio
0.11
0.11
4.16
0.52
3.38
0.06
0.87
0.56
0.53
0.14
Shares Owned By Institutions
19.92
23.56
45.81
58.34
38.21
27.37
32.6
37.76
32.69
29.91
Market Capitalization
489.15 M
702.71 M
79.5 M
136.03 M
68.05 M
135.47 M
561.1 M
565.1 M
538.89 M
682.5 M
Price To Earning
13.24
38.3
21.4
9.86
14.99
6.39
33.59
31.85
27.68
32.09
Price To Sales
13.0
13.0
24.97
12.4
12.67
N/A
13.13
13.11
13.2
12.64
Net Income
(55.03 M)
57.24 M
3.08 M
273.29 K
1.57 M
N/A
47.08 M
47.19 M
44.74 M
57.18 M
Earnings Per Share
1.27
0.32
0.04
0.02
0.26
1.37
0.96
0.98
0.99
0.97
Shares Owned By Insiders
0.03
0.01
N/A
0.11
0.09
N/A
N/A
N/A
0.007
N/A
Year To Date Return
3.59
3.91
N/A
N/A
N/A
2.77
N/A
N/A
N/A
N/A
Revenue
36.01 M
49.84 M
3.58 M
619.47 K
1.86 M
N/A
43.05 M
43.42 M
45.14 M
54.19 M
Cash And Equivalents
2.58 M
96.81 K
111.62 K
5.04 K
1.98 K
N/A
2.65 M
4.27 M
247.64 K
3.97 M
Cash Per Share
0.09
N/A
0.02
N/A
N/A
N/A
0.05
0.08
N/A
0.06
Gross Profit
36.01 M
49.84 M
5.41 M
9.83 M
5.1 M
N/A
44.09 M
44.16 M
41.38 M
59.47 M
Day Typical Price
15.69
12.62
11.35
11.64
8.31
15.05
10.14
10.46
10.21
10.1
Accumulation Distribution
0.0133
1575.48
0.0053
9.0E-4
0.0036
0.49
0.0059
0.0057
0.0049
0.0049
Market Facilitation Index
0.21
0.0
0.06
0.01
0.03
8.79
0.06
0.06
0.05
0.05
Daily Balance Of Power
(0.43)
0.6154
1.0
(4.00)
1.0
1.0
1.0
0.5
0.4
1.0
Period Momentum Indicator
(0.09)
0.08
0.06
(0.04)
0.03
8.79
0.06
0.03
0.02
0.05
Rate Of Daily Change
0.99
1.01
1.01
1.0
1.0
1.96
1.01
1.0
1.0
1.0
Day Median Price
15.71
12.62
11.34
11.64
8.31
13.59
10.13
10.46
10.22
10.09
Price Action Indicator
(0.09)
0.045
0.06
(0.01)
0.03
8.79
0.06
0.015
0.005
0.05
Relative Strength Index
28.52
49.08
53.59
49.64
50.19
77.25
50.8
51.97
52.19
54.86
Coefficient Of Variation
(681.08)
1893.75
2027.19
2673.36
1245.51
346.3
18409.81
3720.91
2773.0
4035.06
Mean Deviation
0.4082
0.5449
0.2194
0.2851
0.3402
0.1328
0.4065
0.3975
0.409
0.4317
Jensen Alpha
(0.11)
0.0225
0.0089
(0.01)
0.0484
0.0331
(0.01)
0.0035
8.0E-4
2.0E-4
Total Risk Alpha
(0.20)
(0.08)
(0.04)
(0.06)
(0.05)
0.0112
(0.1)
(0.08)
(0.08)
(0.08)
Sortino Ratio
N/A
(0.11)
(0.36)
(0.23)
(0.17)
(0.37)
(0.23)
(0.20)
(0.19)
(0.19)
Downside Variance
N/A
0.6618
0.0942
0.2266
0.2786
0.0426
0.2741
0.2976
0.3171
0.3343
Standard Deviation
0.6134
0.6881
0.3098
0.4049
0.4501
0.1628
0.5558
0.5425
0.5371
0.5472
Kurtosis
3.41
(0.13)
3.52
1.97
0.8773
0.0815
1.44
0.8227
0.5877
0.0302
Potential Upside
0.4994
1.12
0.3594
0.5199
0.8642
0.225
0.9109
1.06
0.8032
0.8982
Treynor Ratio
(0.77)
0.7933
(0.17)
0.0307
(0.13)
1.09
(0.48)
0.5032
0.1251
0.1215
Maximum Drawdown
3.13
3.11
1.96
2.16
2.1
0.7835
2.98
2.66
2.3
2.43
Variance
0.3763
0.4735
0.096
0.164
0.2026
0.0265
0.3089
0.2943
0.2885
0.2994
Market Risk Adjusted Performance
(0.76)
0.8033
(0.16)
0.0407
(0.12)
1.1
(0.47)
0.5132
0.1351
0.1315
Risk Adjusted Performance
(0.11)
0.0376
0.0223
0.0192
0.0519
0.1742
9.0E-4
0.0161
0.0226
0.0147
Skewness
(0.90)
(0.48)
0.8008
(0.45)
(0.29)
(0.51)
0.5604
0.3691
0.1612
(0.14)
Semi Deviation
N/A
0.7438
0.2247
0.3951
0.4116
0.0
0.4635
0.4723
0.4815
0.529
Information Ratio
(0.35)
(0.13)
(0.35)
(0.27)
(0.20)
(0.48)
(0.22)
(0.20)
(0.20)
(0.20)
Value At Risk
(1.26)
(1.14)
(0.36)
(0.61)
(0.74)
(0.22)
(0.90)
(0.86)
(0.70)
(1.01)
Expected Short fall
N/A
(0.52)
(0.27)
(0.31)
(0.37)
(0.18)
(0.52)
(0.45)
(0.45)
(0.46)
Downside Deviation
N/A
0.8135
0.3069
0.4761
0.5279
0.2065
0.5236
0.5455
0.5631
0.5782
Semi Variance
N/A
0.5533
0.0505
0.1561
0.1694
(0.03)
0.2148
0.2231
0.2319
0.2798

Mainstay Definedterm Competition Performance Charts

Five steps to successful analysis of Mainstay Definedterm Competition

Mainstay Definedterm's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Mainstay Definedterm in relation to its competition. Mainstay Definedterm's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Mainstay Definedterm in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Mainstay Definedterm's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Mainstay Definedterm, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Mainstay Definedterm position

In addition to having Mainstay Definedterm 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.

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Conservative Funds
Conservative Funds Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 40 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 Conservative Funds Theme or any other thematic opportunities.
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Other Information on Investing in Mainstay Fund

Mainstay Definedterm financial ratios help investors to determine whether Mainstay Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Definedterm security.
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