MFS Government Financials
| MGF Etf | USD 3.12 0.03 0.97% |
MFS |
The data published in MFS Government's official financial statements typically reflect MFS Government's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving MFS Government's quantitative information. For example, before you start analyzing numbers published by MFS accountants, it's essential to understand MFS Government's liquidity, profitability, and earnings quality within the context of the Financial Services space in which it operates.
MFS Government Etf Summary
MFS Government competes with MFS Investment, Invesco High, Eaton Vance, Nuveen California, and Federated Premier. MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S. government agencies, international sovereigns, U.S. treasuries, cash and other net assets, emerging markets debt, high grade corporates, and residential mortgage backed securities. It benchmarks the performance of its portfolio against the Barclays U.S. GovernmentMortgage Bond Index. MFS Government Markets Income Trust was formed in May 28, 1987 and is domiciled in the United States.Specialization | null, Intermediate Core Bond |
| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US5529391006 |
| CUSIP | 552939100 |
| Region | Others |
| Investment Issuer | Others |
| Location | Massachusetts; U.S.A |
| Business Address | 111 Huntington Avenue |
| Etf Family | Financial Services |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | www.mfs.com/en-us/individual-investor/product-strategies/closed-end-funds/mgf-mfs-government-markets-income-trust.html#tab-overview |
| Phone | 617 954 5000 |
| Currency | USD - US Dollar |
MFS Government Key Financial Ratios
MFS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MFS Government's current stock value. Our valuation model uses many indicators to compare MFS Government value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MFS Government competition to find correlations between indicators driving MFS Government's intrinsic value. More Info.MFS Government Markets is rated below average in price to earning as compared to similar ETFs. It is regarded second largest ETF in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for MFS Government Markets is roughly 13.85 . Comparative valuation analysis is a catch-all technique that is used if you cannot value MFS Government by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MFS Government Markets Systematic Risk
MFS Government's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MFS Government volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on MFS Government Markets correlated with the market. If Beta is less than 0 MFS Government generally moves in the opposite direction as compared to the market. If MFS Government Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MFS Government Markets is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MFS Government is generally in the same direction as the market. If Beta > 1 MFS Government moves generally in the same direction as, but more than the movement of the benchmark.
About MFS Government Financials
What exactly are MFS Government Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include MFS Government's income statement, its balance sheet, and the statement of cash flows. Potential MFS Government investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although MFS Government investors may use each financial statement separately, they are all related. The changes in MFS Government's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MFS Government's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.MFS Government November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MFS Government help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MFS Government Markets. We use our internally-developed statistical techniques to arrive at the intrinsic value of MFS Government Markets based on widely used predictive technical indicators. In general, we focus on analyzing MFS Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MFS Government's daily price indicators and compare them against related drivers.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 3.48 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.6515 |
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.