Mainstay Retirement 2040 Fund Price To Earning
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Mainstay Retirement's long-term financial health and intrinsic value.
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Mainstay Retirement 2040 Mutual Fund Price To Earning Analysis
Mainstay Retirement's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Mainstay Retirement Price To Earning | 17.52 X |
Most of Mainstay Retirement's fundamental indicators, such as Price To Earning, 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 Retirement 2040 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, Mainstay Retirement 2040 has a Price To Earning of 17.52 times. This is much higher than that of the Category family and notably higher than that of the Family category. The price to earning for all United States funds is 168.3% lower than that of the firm.
Mainstay Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mainstay Retirement's direct or indirect competition against its Price To Earning 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 Retirement could also be used in its relative valuation, which is a method of valuing Mainstay Retirement by comparing valuation metrics of similar companies.Mainstay Retirement is currently under evaluation in price to earning among similar funds.
Fund Asset Allocation for Mainstay Retirement
The fund consists of 79.26% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Mainstay Retirement'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 | 17.52 X | |||
| Price To Book | 1.94 X | |||
| Price To Sales | 1.35 X | |||
| Total Asset | 211.04 M | |||
| One Year Return | 18.38 % | |||
| Three Year Return | 14.94 % | |||
| Five Year Return | 12.55 % | |||
| Net Asset | 211.04 M | |||
| Last Dividend Paid | 0.08 | |||
| Cash Position Weight | 0.60 % | |||
| Equity Positions Weight | 79.26 % | |||
| Bond Positions Weight | 13.71 % |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Mainstay Mutual Fund
If you are still planning to invest in Mainstay Retirement 2040 check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mainstay Retirement's history and understand the potential risks before investing.
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