Mainstay Definedterm Valuation
| MMD Fund | USD 15.69 0.21 1.32% |
At this time, the fund appears to be fairly valued. Mainstay Definedterm secures a last-minute Real Value of $15.83 per share. The latest price of the fund is $15.69. 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.
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 $15.83 per share. The latest price of the fund is $15.69. 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 15.69 | Real 15.83 | Hype 15.69 |
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 Total Value Analysis
Mainstay Definedterm Muncipal is now expected to have company total value of 757.84 M with market capitalization of 489.15 M, debt of 326.74 M, and cash on hands of 2.58 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Mainstay Definedterm fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
757.84 M | 489.15 M | 326.74 M | 2.58 M |
Mainstay Definedterm Investor Information
The fund last dividend was 1.02 per share. Mainstay Definedterm Muncipal is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January.Mainstay Definedterm Asset Utilization
One of the ways to look at asset utilization of Mainstay is to check how much profit was generated for every dollar of assets it reports. Mainstay Definedterm Muncipal makes use of its assets almost 2.14 %, making $0.0214 for each dollar of assets held by the fund. A positive asset utilization conveys that the company is slightly more effective with each dollar of assets it secures. Strictly speaking, asset utilization of Mainstay Definedterm shows how effective it operates for each dollar spent on its assets.Mainstay Definedterm Ownership Allocation
Mainstay Definedterm maintains a total of 27.79 Million outstanding shares. Roughly 80.05 % of Mainstay Definedterm outstanding shares are held by general public with 0.03 pct. owned by insiders and only 19.92 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the fund is less than the current market value, you may not be able to make money on it.Mainstay Definedterm Profitability Analysis
The company reported the last year's revenue of 36.01 M. Reported Net Loss for the year was (55.03 M) with profit before taxes, overhead, and interest of 36.01 M.Mainstay Definedterm Past Distributions to stockholders
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Mainstay Definedterm's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Mainstay Definedterm and how it compares across the competition.
About Mainstay Definedterm Valuation
The fund valuation mechanism determines Mainstay Definedterm's current worth on a weekly basis. Our valuation model uses a comparative analysis of Mainstay Definedterm. We calculate exposure to Mainstay Definedterm's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mainstay Definedterm's related companies.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.
A single share of Mainstay Definedterm represents a small ownership stake in the entity. As a stockholder of Mainstay, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Mainstay Definedterm Dividends Analysis For Valuation
Please note that Mainstay Definedterm has scaled down on payment of dividends at this time.
There are various types of dividends Mainstay Definedterm can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Mainstay shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Mainstay Definedterm Muncipal directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Mainstay pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Mainstay Definedterm by the value of the dividends paid out.
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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