Mainstay Large Cap Fund Quote

MLACX Fund  USD 5.62  0.02  0.35%   

Performance

17 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 33

 
100  
 
Zero
Below Average
Mainstay Large is trading at 5.62 as of the 29th of March 2024; that is -0.35 percent decrease since the beginning of the trading day. The fund's open price was 5.64. Mainstay Large has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Mainstay Large Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The fund invests at least 80 percent of its assets in large capitalization companies, which are companies having a market capitalization in excess of 4 billion at the time of purchase. Mainstay Large is traded on NASDAQ Exchange in the United States. More on Mainstay Large Cap

Moving together with Mainstay Mutual Fund

  0.8FAFGX American FundsPairCorr
  0.8FFAFX American FundsPairCorr
  0.78GFACX Growth FundPairCorr
  0.8GFAFX Growth FundPairCorr
  0.8AGTHX Growth FundPairCorr
  0.8CGFFX Growth FundPairCorr
  0.8CGFCX Growth FundPairCorr

Mainstay Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mainstay Large's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mainstay Large or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationLarge Growth, New York Life Investment Management LLC (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date28th of February 2023
Fiscal Year EndOctober
Mainstay Large Cap [MLACX] is traded in USA and was established 29th of March 2024. The fund is listed under Large Growth category and is part of New York Life Investment Management LLC family. This fund now has accumulated 12.98 B in assets with no minimum investment requirementsMainstay Large Cap is currently producing year-to-date (YTD) return of 13.48%, while the total return for the last 3 years was 11.04%.
Check Mainstay Large Probability Of Bankruptcy

Instrument Allocation

Top Mainstay Large Cap Mutual Fund Constituents

GOOGLAlphabet Class AStockCommunication Services
VVisa Class AStockFinancials
UNHUnitedHealth Group IncorporatedStockHealth Care
TSLATesla IncStockConsumer Discretionary
PYPLPayPal HoldingsStockFinancials
NVDANVIDIAStockInformation Technology
NKENike IncStockConsumer Discretionary
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Mainstay Large Cap Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mainstay Large market risk premium is the additional return an investor will receive from holding Mainstay Large long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mainstay Large. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mainstay Large's alpha and beta are two of the key measurements used to evaluate Mainstay Large's performance over the market, the standard measures of volatility play an important role as well.

Mainstay Large Against Markets

Picking the right benchmark for Mainstay Large mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mainstay Large mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mainstay Large is critical whether you are bullish or bearish towards Mainstay Large Cap at a given time. Please also check how Mainstay Large's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mainstay Large without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Performance Analysis

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How to buy Mainstay Mutual Fund?

Before investing in Mainstay Large, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mainstay Large. To buy Mainstay Large fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mainstay Large. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Mainstay Large fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Mainstay Large Cap fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Mainstay Large Cap fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Mainstay Large Cap, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Mainstay Large Cap?

The danger of trading Mainstay Large Cap is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mainstay Large is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mainstay Large. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mainstay Large Cap is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Large Cap. 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 main economic indicators.
Note that the Mainstay Large Cap information on this page should be used as a complementary analysis to other Mainstay Large's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Mainstay Mutual Fund analysis

When running Mainstay Large's price analysis, check to measure Mainstay Large's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mainstay Large is operating at the current time. Most of Mainstay Large's value examination focuses on studying past and present price action to predict the probability of Mainstay Large's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainstay Large's price. Additionally, you may evaluate how the addition of Mainstay Large to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mainstay Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainstay Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainstay Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.