MFS Government Competition

Etfs . USA . 
Etf . MFS Government Markets
MGF Etf  USD 3.09  0.01  0.32%   
MFS Government Markets competes with MFS Investment, Invesco High, Eaton Vance, Nuveen California, and Federated Premier; as well as few others. The company runs under Financial Services sector within Asset Management industry. Analyzing MFS Government 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 MFS Government to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out MFS Government 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 MFS Government competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
2.563.093.62
Details
Intrinsic
Valuation
LowRealHigh
2.583.113.64
Details
Naive
Forecast
LowNextHigh
2.543.073.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.053.143.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MFS Government. Your research has to be compared to or analyzed against MFS Government's peers to derive any actionable benefits. When done correctly, MFS Government's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MFS Government Markets.

MFS Government Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between MFS Government and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of MFS 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 MFS Government Markets does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.81
CRM
XOM
+ 0.73
META
CRM
+ 0.71
META
CRM
+ 0.71
T
XOM
+ 0.68
CRM
MRK
+ 0.63
A
  
High negative correlations   
MRK
- 0.92
CRM
MRK
- 0.82
JPM
MRK
- 0.75
T
JPM
- 0.65
A
MRK
- 0.57
META
XOM
- 0.56
MRK

MFS Government Competition Risk-Adjusted Indicators

There is a big difference between MFS Etf performing well and MFS Government ETF 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 MFS Government'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
META  1.05  0.01 (0.01) 0.12  1.40 
(1.14)
 2.62 
(3.15)
 8.02 
MSFT  0.90 (0.11) 0.00 (0.05) 0.00 
 0.00 
 2.09 
(2.02)
 8.19 
UBER  1.56 (0.16) 0.00 (0.06) 0.00 
 0.00 
 2.53 
(2.44)
 20.10 
F  1.39 (0.12)(0.03) 0.02  2.20 
(1.34)
 2.53 
(2.90)
 11.72 
T  0.92  0.26  0.15  57.17  0.86 
(1.04)
 2.56 
(1.72)
 6.47 
A  1.12 (0.13) 0.00 (0.16) 0.00 
 0.00 
 2.29 
(2.42)
 9.02 
CRM  1.28  0.27  0.23  0.33  0.92 
(1.51)
 3.18 
(1.91)
 9.09 
JPM  1.11  0.03  0.07  0.12  1.44 
(1.15)
 2.05 
(2.00)
 15.87 
MRK  0.85 (0.24) 0.00 (1.03) 0.00 
 0.00 
 1.73 
(2.13)
 4.89 
XOM  1.04  0.06  0.01  0.20  1.20 
(1.10)
 2.14 
(2.09)
 5.78 
All Fundamental Data

MFS Government Competitive Analysis

The better you understand MFS Government competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, MFS Government'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 MFS Government'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
MGF CXH IHTA EOT NXC FMN MHN CXE CMU MFM
 0.32 
 3.09 
MFS
 0.25 
 8.18 
MFS
 0.13 
 7.55 
Invesco
 0.41 
 17.26 
Eaton
 0.08 
 13.30 
Nuveen
 0.45 
 11.14 
Federated
 0.28 
 10.61 
Blackrock
 0.26 
 3.80 
MFS
 0.28 
 3.58 
MFS
 0.18 
 5.53 
MFS
Market Volatility
(90 Days Market Risk)
Not too volatile
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Not too volatile
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
Modest
Good
Insignificant
Very Weak
Very Weak
Weak
Very Weak
Insignificant
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Very Low
Low
Below Average
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Strong Buy
Strong Sell
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Buy
Buy
Buy
Buy
Strong Hold
Strong Hold
Strong Buy
Strong Hold
Hold
Current Ratio
0.35
1.92
N/A
N/A
2.88
4.07
0.21
2.02
2.02
0.06
Net Asset
N/A
114.47 M
N/A
333.19 M
89.34 M
N/A
N/A
210.33 M
155.01 M
336.58 M
Profit Margin
N/A
0.29
N/A
N/A
1.38
-225.75
-281.1
0.57
0.49
0.41
EBITDA
N/A
1.57 M
N/A
14.56 M
5.1 M
N/A
N/A
2.45 M
1.27 M
1.16 M
Price To Book
0.71
0.96
N/A
0.93
0.96
0.71
0.68
0.93
0.96
0.94
Operating Margin
67.49
0.84
N/A
N/A
0.92
82.53
83.69
0.85
0.85
0.85
Current Valuation
105.93 M
111.25 M
N/A
N/A
82.34 M
226.25 M
578.01 M
181.95 M
152.08 M
341.55 M
Five Year Return
-0.45
4.75
-0.94
4.26
3.5
0.25
-0.33
5.31
5.25
5.05
Retained Earnings
N/A
(9.58 M)
N/A
(9.51 M)
355.14 K
N/A
N/A
(27.64 M)
(22.15 M)
(63.47 M)
One Year Return
6.52
N/A
9.33
N/A
N/A
12.54
9.9
N/A
N/A
N/A
Beta
0.17
0.59
N/A
0.42
0.28
0.39
0.36
0.66
0.59
0.56
Shares Outstanding
32.59 M
8.2 M
8.78 M
15.62 M
6.36 M
11.5 M
31.13 M
31.53 M
25.49 M
41.19 M
Three Year Return
-2.65
N/A
-3.07
N/A
N/A
-2.96
-3.25
N/A
N/A
N/A
Cash Flow From Operations
N/A
11.84 M
N/A
11.08 M
N/A
8.68 M
42.66 M
10 M
23.14 M
8.87 M
Annual Yield
0.0098
0.0371
0.0047
0.0503
0.0421
0.0098
0.0066
0.0474
0.0452
0.0443
Total Debt
N/A
43.77 M
N/A
40.7 M
375.24 K
113.6 M
291.03 M
81.46 M
59.97 M
113.74 M
Return On Equity
-8.31
0.0216
N/A
-4.49
0.0579
-13.35
-1.03
0.0451
0.038
0.0286
Return On Asset
0.82
0.0225
N/A
N/A
0.0239
1.8
1.73
0.0249
0.024
0.025
Number Of Shares Shorted
31.05 K
22.5 K
4.07 K
36.5 K
18.04 K
4.46 K
7.08 K
26.37 K
46.09 K
32.72 K
Book Value Per Share
4.75
8.46
N/A
N/A
13.98
15.49
14.92
4.09
3.73
5.91
Total Asset
N/A
114.47 M
N/A
333.19 M
89.34 M
N/A
N/A
210.33 M
155.01 M
336.58 M
Last Dividend Paid
0.26
0.28
0.4
N/A
N/A
0.49
0.44
0.16
0.14
0.22
Debt To Equity
N/A
0.62
N/A
N/A
0.006
0.75
0.66
0.68
0.64
0.43
Short Ratio
0.37
1.43
0.17
1.12
0.81
0.15
0.09
0.25
0.86
0.31
Shares Owned By Institutions
46.77
37.52
26.65
16.17
16.66
31.07
15.9
40.35
39.48
35.01
Market Capitalization
119.59 M
66.91 M
56.35 M
270.78 M
84.87 M
138.34 M
372.34 M
119.48 M
91.14 M
227.77 M
Price To Earning
9.83
14.99
24.68
N/A
22.54
14.54
60.83
142.0
177.78
8.73
Price To Sales
36.89
12.45
N/A
18.11
22.97
12.75
12.89
11.85
11.75
13.31
Net Income
(11.26 M)
1.57 M
N/A
14.56 M
5.1 M
(22.36 M)
(69.39 M)
2.45 M
1.27 M
1.16 M
Earnings Per Share
0.35
0.26
0.31
0.93
0.85
0.75
0.17
0.18
0.18
0.17
Shares Owned By Insiders
N/A
0.09
N/A
N/A
N/A
0.12
N/A
N/A
N/A
N/A
Year To Date Return
0.92
N/A
5.97
N/A
N/A
3.34
0.14
N/A
N/A
N/A
Revenue
2.99 M
1.86 M
N/A
10.21 M
3.7 M
9.9 M
24.69 M
2.45 M
1.64 M
1.3 M
Cash And Equivalents
10.22 K
1.98 K
N/A
N/A
216.34 K
142.11 K
55.77 K
7.42 K
4.95 K
966.01 K
Cash Per Share
N/A
N/A
N/A
N/A
0.03
0.01
N/A
N/A
N/A
0.02
Gross Profit
3.65 M
5.1 M
N/A
N/A
3.5 M
10.36 M
24.69 M
9.68 M
7.74 M
15.3 M
Day Typical Price
3.08
8.19
7.54
17.21
13.32
11.12
10.63
3.79
3.57
5.52
Accumulation Distribution
0.0097
0.0061
0.0026
0.0104
0.0067
0.0063
0.0056
0.0105
0.0056
0.0072
Market Facilitation Index
0.03
0.05
0.02
0.18
0.09
0.07
0.06
0.04
0.02
0.04
Daily Balance Of Power
0.3333
0.4
0.5
0.3889
(0.11)
0.7143
(0.50)
0.25
0.5
(0.25)
Period Momentum Indicator
0.01
0.02
0.01
0.07
(0.01)
0.05
(0.03)
0.01
0.01
(0.01)
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Day Median Price
3.08
8.2
7.54
17.18
13.33
11.12
10.64
3.78
3.57
5.52
Price Action Indicator
0.02
(0.01)
0.015
0.12
(0.03)
0.05
(0.04)
0.025
0.015
0.005
Relative Strength Index
41.03
57.36
65.06
46.96
40.32
37.18
47.07
47.84
52.99
47.82
Coefficient Of Variation
(2,000)
1209.76
553.28
1750.89
(2,528)
(1,136)
18808.94
6521.82
1660.86
(6,247)
Mean Deviation
0.4065
0.3142
0.2406
0.3455
0.4572
0.4979
0.3643
0.5043
0.3761
0.4388
Jensen Alpha
(0.05)
0.0182
0.0527
0.0172
(0.03)
(0.06)
(0.01)
(0.02)
0.0335
(0.000039)
Total Risk Alpha
(0.11)
(0.03)
0.0085
(0.04)
(0.11)
(0.17)
(0.07)
(0.09)
(0.05)
(0.09)
Sortino Ratio
N/A
(0.15)
(0.08)
(0.18)
N/A
N/A
(0.14)
(0.15)
(0.13)
N/A
Downside Variance
N/A
0.265
0.2827
0.2262
N/A
N/A
0.5432
0.4626
0.3682
N/A
Standard Deviation
0.5525
0.4184
0.3669
0.4515
0.5856
0.7531
0.5176
0.6645
0.519
0.579
Kurtosis
3.02
0.9764
4.92
0.0281
0.7006
4.5
1.65
0.5831
1.25
0.2633
Potential Upside
0.6515
0.6211
0.6821
0.7493
0.9448
1.06
0.7463
1.33
0.8499
0.8865
Treynor Ratio
(0.22)
0.3859
1.57
(1.09)
2.18
0.6511
(0.59)
0.001
(0.17)
0.0997
Maximum Drawdown
3.48
2.1
2.03
2.08
2.82
5.09
2.69
3.34
2.54
2.71
Variance
0.3052
0.175
0.1346
0.2039
0.3429
0.5671
0.2679
0.4415
0.2694
0.3352
Market Risk Adjusted Performance
(0.21)
0.3959
1.58
(1.08)
2.19
0.6611
(0.58)
0.011
(0.16)
0.1097
Risk Adjusted Performance
(0.04)
0.0548
0.1271
0.0367
(0.03)
(0.07)
(0.0007)
0.0102
0.0412
(0.02)
Skewness
(0.85)
(0.58)
(1.06)
(0.1)
(0.44)
0.4666
(0.88)
0.2896
(0.10)
(0.11)
Semi Deviation
N/A
0.3828
0.2615
0.3847
N/A
N/A
0.6321
0.5748
0.4191
N/A
Information Ratio
(0.25)
(0.18)
(0.12)
(0.19)
(0.23)
(0.23)
(0.21)
(0.15)
(0.15)
(0.21)
Value At Risk
(0.93)
(0.62)
(0.28)
(0.86)
(0.94)
(1.49)
(1.03)
(1.04)
(0.84)
(1.06)
Expected Short fall
N/A
(0.35)
(0.30)
(0.41)
N/A
N/A
(0.32)
(0.63)
(0.51)
N/A
Downside Deviation
N/A
0.5148
0.5317
0.4756
N/A
N/A
0.737
0.6801
0.6068
N/A
Semi Variance
N/A
0.1465
0.0684
0.148
N/A
N/A
0.3995
0.3304
0.1757
N/A

MFS Government Competition Performance Charts

Five steps to successful analysis of MFS Government Competition

MFS Government'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 MFS Government Markets in relation to its competition. MFS Government's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of MFS Government 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 MFS Government's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to MFS Government Markets, 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 MFS Government position

In addition to having MFS Government 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.

Did You Try This Idea?

Run Investing Thematic Idea Now

Investing
Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 45 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 Investing Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in MFS Etf

MFS Government financial ratios help investors to determine whether MFS Etf 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 MFS with respect to the benefits of owning MFS Government security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY