Mfs Global Alternative Fund Price on May 13, 2024
| DVRJX Fund | USD 13.13 0.03 0.23% |
Below is the normalized historical share price chart for Mfs Global Alternative extending back to December 19, 2007. 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 Global stands at 13.13, as last reported on the 23rd of November, with the highest price reaching 13.13 and the lowest price hitting 13.13 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 Global Alternative has Sharpe Ratio of 0.0587, which conveys that the entity had a 0.0587% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mfs Global, which you can use to evaluate the volatility of the fund. Please verify Mfs Global's Mean Deviation of 0.1921, risk adjusted performance of 0.0195, and Downside Deviation of 0.2626 to check out if the risk estimate we provide is consistent with the expected return of 0.0144%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.0587
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DVRJX |
Estimated Market Risk
| 0.25 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
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Mfs Global is performing at about 4% 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 Global by adding it to a well-diversified portfolio.
Mfs Global Valuation on May 13, 2024
It is possible to determine the worth of Mfs Global on a given historical date. On May 13, 2024 Mfs was worth 12.88 at the beginning of the trading date compared to the closed value of 12.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Global mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Global's related companies.
| Open | High | Low | Close | Volume | |
| 12.90 | 12.90 | 12.90 | 12.90 | 1.00 | |
05/13/2024 | 12.88 | 12.88 | 12.88 | 12.88 | 1.00 |
| 12.90 | 12.90 | 12.90 | 12.90 | 1.00 |
| Backtest Mfs Global | | | Mfs Global History | | | Mfs Global Valuation | Previous | Next |
Mfs Global Trading Date Momentum on May 13, 2024
| On May 14 2024 Mfs Global Alternative was traded for 12.90 at the closing time. The highest daily price throughout the period was 12.90 and the lowest price was 12.90 . There was no trading activity during the period 1.0. Lack of trading volume on 05/14/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.16% . The trading delta at closing time to current closing price is 0.70% . |
Mfs Global Alternative Fundamentals Correlations and Trends
By evaluating Mfs Global'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 Global'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 Global Mutual Fund history
Mfs Global 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 Global Alternative 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 Global stock prices may prove useful in developing a viable investing in Mfs Global
The fund seeks to achieve a total rate of return for the fund that meets or exceeds the ICE BofA 0-3 Month U.S. Treasury Bill Index plus 2 percent to 4, net of fund expenses, over a full market cycle. The fund normally has exposure to at least three different countries and typically has significant long andor short exposure to foreign securities and foreign currencies. The fund generally invests approximately 20 percent of the funds assets in debt instruments and the remainder of the funds assets in equity securities and cash andor cash equivalents.
Mfs Global Mutual Fund Technical Analysis
Mfs Global 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 Global Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Mfs Global Alternative 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 Global November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Global 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 Global shares will generate the highest return on investment. By undertsting and applying Mfs Global mutual fund market strength indicators, traders can identify Mfs Global Alternative entry and exit signals to maximize returns
Mfs Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Global'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 | 0.0195 | |||
| Jensen Alpha | 0.0092 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | (0.06) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Mfs Mutual Fund
Mfs Global 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 Global security.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |