Mfs Technology Fund Buy Hold or Sell Recommendation

MTCCX Fund  USD 51.56  0.33  0.64%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Mfs Technology Fund is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Mfs Technology Fund given historical horizon and risk tolerance towards Mfs Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Mfs Technology Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Mfs Technology Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Mfs and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Mfs Technology Fund. 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 main economic indicators.

Execute Mfs Technology Buy or Sell Advice

The Mfs recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mfs Technology Fund. Macroaxis does not own or have any residual interests in Mfs Technology Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mfs Technology's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Mfs TechnologyBuy Mfs Technology
Strong Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Mfs Technology Fund has a Risk Adjusted Performance of 0.0666, Jensen Alpha of (0.01), Total Risk Alpha of (0.07), Sortino Ratio of (0) and Treynor Ratio of 0.0865
Our advice tool can be used to complement Mfs Technology investment recommendation provided by experts. It analyzes the entity's potential to grow against your specific risk preferences and investment horizon. Use Mfs Technology Fund price to earning, year to date return, as well as the relationship between the Year To Date Return and net asset to ensure your buy or sell decision on Mfs Technology is adequate.

Mfs Technology Trading Alerts and Improvement Suggestions

The fund maintains 95.24% of its assets in stocks

Mfs Technology Returns Distribution Density

The distribution of Mfs Technology's historical returns is an attempt to chart the uncertainty of Mfs Technology's future price movements. The chart of the probability distribution of Mfs Technology daily returns describes the distribution of returns around its average expected value. We use Mfs Technology Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mfs Technology returns is essential to provide solid investment advice for Mfs Technology.
Mean Return
0.10
Value At Risk
-2.31
Potential Upside
2.11
Standard Deviation
1.24
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mfs Technology historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Mfs Technology Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mfs Technology or MFS sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mfs Technology's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mfs fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.01
β
Beta against Dow Jones1.07
σ
Overall volatility
1.23
Ir
Information ratio -0.0058

Mfs Technology Volatility Alert

Mfs Technology Fund has relatively low volatility with skewness of -0.5 and kurtosis of 1.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mfs Technology's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mfs Technology's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Mfs Technology Fundamentals Vs Peers

Comparing Mfs Technology's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mfs Technology's direct or indirect competition across all of the common fundamentals between Mfs Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mfs Technology or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Mfs Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mfs Technology by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Mfs Technology to competition
FundamentalsMfs TechnologyPeer Average
Price To Earning1.65 X6.53 X
Price To Book4.83 X0.74 X
Price To Sales4.73 X0.61 X
Year To Date Return31.16 %0.39 %
One Year Return40.45 %4.15 %
Three Year Return6.34 %3.60 %
Five Year Return16.59 %3.24 %
Ten Year Return17.43 %1.79 %
Net Asset1.45 B4.11 B
Cash Position Weight4.76 %10.61 %
Equity Positions Weight95.24 %63.90 %

Mfs Technology Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mfs . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Mfs Technology Buy or Sell Advice

When is the right time to buy or sell Mfs Technology Fund? Buying financial instruments such as Mfs Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Mfs Technology 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.

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Warren Buffett Holdings Theme
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings 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 Warren Buffett Holdings Theme or any other thematic opportunities.
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Other Information on Investing in Mfs Mutual Fund

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