Mainstay Definedterm Muncipal Fund Manager Performance Evaluation
| MMD Fund | USD 15.66 0.09 0.57% |
The fund secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mainstay Definedterm's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mainstay Definedterm is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Mainstay Definedterm Muncipal has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest unsteady performance, the Fund's primary indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the fund shareholders.
...more1 | NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distributions for October 2024, Payable on October 31, 2024 - Marketscreener.com | 10/01/2024 |
2 | Daily Note November 14, 2024 MUIMMD Tender Deadline, OPP Update, Allspring Raises - substack.com | 11/14/2024 |
3 | Nyli Mackay portfolio manager John Lawlor buys ,475 in shares - Investing.com | 11/21/2024 |
4 | NYLI MacKay DefinedTerm Muni Opportunities Fund Amendments to Bylaws Form 8 K - Marketscreener.com | 12/09/2024 |
| Expense Ratio | 1.5000 |
Mainstay |
Mainstay Definedterm Relative Risk vs. Return Landscape
If you would invest 1,674 in Mainstay Definedterm Muncipal on September 12, 2024 and sell it today you would lose (108.00) from holding Mainstay Definedterm Muncipal or give up 6.45% of portfolio value over 90 days. Mainstay Definedterm Muncipal is generating negative expected returns assuming volatility of 0.6178% on return distribution over 90 days investment horizon. In other words, 5% of funds are less volatile than Mainstay, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Mainstay Definedterm Current Valuation
Fairly Valued
Today
Please note that Mainstay Definedterm's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mainstay Definedterm secures a last-minute Real Value of $15.8 per share. The latest price of the fund is $15.66. We determine the value of Mainstay Definedterm from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
The fair value of the Mainstay fund is determined by what a typical buyer is willing to pay for full or partial control of Mainstay Definedterm Muncipal. Since Mainstay Definedterm is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mainstay Fund. However, Mainstay Definedterm'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 15.66 | Real 15.8 | Hype 15.66 | Naive 15.87 |
The real value of Mainstay Fund, also known as its intrinsic value, is the underlying worth of Mainstay Definedterm Fund, which is reflected in its stock price. It is based on Mainstay Definedterm's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Mainstay Definedterm's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Mainstay Definedterm Muncipal helps investors to forecast how Mainstay 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 Definedterm more accurately as focusing exclusively on Mainstay Definedterm's fundamentals will not take into account other important factors: Mainstay Definedterm Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mainstay Definedterm's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Mainstay Definedterm Muncipal, and traders can use it to determine the average amount a Mainstay Definedterm'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 = -0.1655
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MMD |
Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mainstay Definedterm is not performing at its full potential. However, 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 Definedterm by adding Mainstay Definedterm to a well-diversified portfolio.
Mainstay Definedterm Fundamentals Growth
Mainstay Fund prices reflect investors' perceptions of the future prospects and financial health of Mainstay Definedterm, and Mainstay Definedterm 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 Fund performance.
| Return On Equity | -10.01 | |||
| Return On Asset | 2.14 | |||
| Profit Margin | (152.79) % | |||
| Operating Margin | 83.86 % | |||
| Current Valuation | 757.84 M | |||
| Shares Outstanding | 27.79 M | |||
| Price To Earning | 13.24 X | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 13.00 X | |||
| Revenue | 36.01 M | |||
| Cash And Equivalents | 2.58 M | |||
| Cash Per Share | 0.09 X | |||
| Total Debt | 326.74 M | |||
| Debt To Equity | 0.64 % | |||
| Book Value Per Share | 20.73 X | |||
| Cash Flow From Operations | 32.13 M | |||
| Earnings Per Share | 1.27 X | |||
About Mainstay Definedterm Performance
By analyzing Mainstay Definedterm's fundamental ratios, stakeholders can gain valuable insights into Mainstay Definedterm's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mainstay Definedterm has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mainstay Definedterm has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MainStay DefinedTerm Municipal Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by New York Life Investment Management LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds which are exempt from regular U.S. Federal income taxes. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. MainStay DefinedTerm Municipal Opportunities Fund was formed on June 26, 2012 and is domiciled in the United States.Things to note about Mainstay Definedterm performance evaluation
Checking the ongoing alerts about Mainstay Definedterm for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Mainstay Definedterm help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mainstay Definedterm generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: NYLI MacKay DefinedTerm Muni Opportunities Fund Amendments to Bylaws Form 8 K - Marketscreener.com | |
| The fund generated three year return of -2.0% |
- Analyzing Mainstay Definedterm'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 Definedterm's stock is overvalued or undervalued compared to its peers.
- Examining Mainstay Definedterm'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 Definedterm's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mainstay Definedterm's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Mainstay Definedterm's fund. These opinions can provide insight into Mainstay Definedterm's potential for growth and whether the stock is currently undervalued or overvalued.
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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