Mfs Diversified Income Fund Price on October 24, 2024
| DIFAX Fund | USD 12.40 0.02 0.16% |
Below is the normalized historical share price chart for Mfs Diversified Income extending back to May 26, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mfs Diversified stands at 12.40, as last reported on the 27th of November, with the highest price reaching 12.40 and the lowest price hitting 12.40 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mfs Mutual Fund to be very steady. Mfs Diversified Income has Sharpe Ratio of 0.0195, which conveys that the entity had a 0.0195% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mfs Diversified, which you can use to evaluate the volatility of the fund. Please verify Mfs Diversified's Downside Deviation of 0.2964, insignificant risk adjusted performance, and Mean Deviation of 0.2104 to check out if the risk estimate we provide is consistent with the expected return of 0.0055%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.0195
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| Negative Returns | DIFAX |
Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Mfs Diversified is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mfs Diversified by adding it to a well-diversified portfolio.
Mfs Diversified Valuation on October 24, 2024
It is possible to determine the worth of Mfs Diversified on a given historical date. On October 24, 2024 Mfs was worth 12.38 at the beginning of the trading date compared to the closed value of 12.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Diversified mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Diversified's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mfs Diversified where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Diversified's related companies.
| Open | High | Low | Close | Volume | |
| 12.37 | 12.37 | 12.37 | 12.37 | 1.00 | |
10/24/2024 | 12.38 | 12.38 | 12.38 | 12.38 | 1.00 |
| 12.35 | 12.35 | 12.35 | 12.35 | 1.00 |
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Mfs Diversified Trading Date Momentum on October 24, 2024
| On October 25 2024 Mfs Diversified Income was traded for 12.35 at the closing time. The highest daily price throughout the period was 12.35 and the lowest price was 12.35 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.24% . The trading delta at closing time to current closing price is 0.32% . |
Mfs Diversified Income Fundamentals Correlations and Trends
By evaluating Mfs Diversified's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mfs Diversified's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mfs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mfs Diversified Mutual Fund history
Mfs Diversified investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mfs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mfs Diversified Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mfs Diversified stock prices may prove useful in developing a viable investing in Mfs Diversified
The fund normally invests its assets primarily in a broad range of debt instruments and equity securities of U.S. and foreign issuers, including real estate-related investments and emerging market securities. MFS focuses the funds debt investments on investment grade quality corporate bonds, U.S. government securities, below investment grade quality debt instruments of developed market issuers, and debt instruments of emerging market issuers. MFS may invest up to 100 percent of these investments in below investment grade quality debt instruments.
Mfs Diversified Mutual Fund Technical Analysis
Mfs Diversified technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Mfs Diversified Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Mfs Diversified Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Mfs Diversified November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Diversified mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mfs Diversified shares will generate the highest return on investment. By undertsting and applying Mfs Diversified mutual fund market strength indicators, traders can identify Mfs Diversified Income entry and exit signals to maximize returns
Mfs Diversified Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Diversified's price direction in advance. Along with the technical and fundamental analysis of Mfs Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mfs to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.42) | |||
| Treynor Ratio | (0.05) |
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Other Information on Investing in Mfs Mutual Fund
Mfs Diversified financial ratios help investors to determine whether Mfs Mutual Fund 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 Diversified security.
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