MFS Price To Sales Ratio from 2010 to 2024
| MIN Stock | USD 2.67 0.01 0.37% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 22.9 | Current Value 23.46 | Quarterly Volatility 43.75913861 |
Check MFS Intermediate financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MFS Intermediate's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 421 K or Total Revenue of 14.8 M, as well as many indicators such as Price To Sales Ratio of 23.46, Dividend Yield of 0.0 or PTB Ratio of 1.02. MFS financial statements analysis is a perfect complement when working with MFS Intermediate Valuation or Volatility modules.
MFS | Price To Sales Ratio |
Latest MFS Intermediate's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of MFS Intermediate Income over the last few years. Price to Sales Ratio is figured by comparing MFS Intermediate Income stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MFS Intermediate sales, a figure that is much harder to manipulate than other MFS Intermediate Income multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. MFS Intermediate's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MFS Intermediate's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 25.05 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
MFS Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 28.28 | |
| Geometric Mean | 27.79 | |
| Coefficient Of Variation | 154.72 | |
| Mean Deviation | 23.52 | |
| Median | 25.45 | |
| Standard Deviation | 43.76 | |
| Sample Variance | 1,915 | |
| Range | 210 | |
| R-Value | 0.04 | |
| Mean Square Error | 2,060 | |
| R-Squared | 0 | |
| Significance | 0.90 | |
| Slope | 0.34 | |
| Total Sum of Squares | 26,808 |
MFS Price To Sales Ratio History
About MFS Intermediate Financial Statements
MFS Intermediate investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how MFS Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 22.90 | 23.46 |
Pair Trading with MFS Intermediate
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MFS Intermediate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MFS Intermediate will appreciate offsetting losses from the drop in the long position's value.Moving against MFS Stock
| 0.58 | DIST | Distoken Acquisition | PairCorr |
| 0.54 | PX | P10 Inc | PairCorr |
| 0.53 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.5 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.48 | DHIL | Diamond Hill Investment | PairCorr |
The ability to find closely correlated positions to MFS Intermediate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS Intermediate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MFS Intermediate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MFS Intermediate Income to buy it.
The correlation of MFS Intermediate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MFS Intermediate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Intermediate Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MFS Intermediate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of MFS Intermediate Correlation against competitors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS Intermediate. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS Intermediate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 0.247 | Earnings Share 0.02 | Revenue Per Share 0.107 | Quarterly Revenue Growth 0.113 |
The market value of MFS Intermediate Income is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS Intermediate's value that differs from its market value or its book value, called intrinsic value, which is MFS Intermediate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS Intermediate's market value can be influenced by many factors that don't directly affect MFS Intermediate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Intermediate'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.