Mfs Modity Strategy Fund Price on November 30, 2024
| MCSAX Fund | USD 3.61 0.10 0.28% |
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mfs Commodity stands at 3.61, as last reported on the 1st of December, with the highest price reaching 3.61 and the lowest price hitting 3.61 during the day. At this stage we consider Mfs Mutual Fund to be not too volatile. Mfs Modity Strategy has Sharpe Ratio of 0.0801, which conveys that the entity had a 0.0801% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mfs Commodity, which you can use to evaluate the volatility of the fund. Please verify Mfs Commodity's Mean Deviation of 0.601, downside deviation of 1.05, and Risk Adjusted Performance of 0.0618 to check out if the risk estimate we provide is consistent with the expected return of 0.0651%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.0801
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Mfs Commodity is performing at about 6% 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 Commodity by adding it to a well-diversified portfolio.
Mfs Commodity Valuation on November 30, 2024
It is possible to determine the worth of Mfs Commodity on a given historical date. On November 30, 2024 Mfs was worth 3.61 at the beginning of the trading date compared to the closed value of 3.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Commodity mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Commodity'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 Commodity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Commodity's related companies.
| Open | High | Low | Close | Volume | |
| 3.61 | 3.61 | 3.61 | 3.61 | 1.00 | |
11/29/2024 | 3.61 | 3.61 | 3.61 | 3.61 | 1.00 |
| 3.61 | 3.61 | 3.61 | 3.61 | 0.00 |
| Backtest Mfs Commodity | | | Mfs Commodity History | | | Mfs Commodity Valuation | Previous | Next |
Mfs Commodity Trading Date Momentum on November 30, 2024
| On December 01 2024 Mfs Modity Strategy was traded for 3.61 at the closing time. The highest daily price throughout the period was 3.61 and the lowest price was 3.61 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Mfs Modity Strategy Fundamentals Correlations and Trends
By evaluating Mfs Commodity'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 Commodity'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 Commodity Mutual Fund history
Mfs Commodity 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 Modity Strategy 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 Commodity stock prices may prove useful in developing a viable investing in Mfs Commodity
The fund seeks to achieve the funds objective by providing exposure to the commodities markets through investing in commodity-linked derivatives rather than investing directly in commodities. MFS Commodity is traded on NASDAQ Exchange in the United States.
Mfs Commodity Mutual Fund Technical Analysis
Mfs Commodity 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 Commodity Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Mfs Modity Strategy 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 Commodity December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Commodity 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 Commodity shares will generate the highest return on investment. By undertsting and applying Mfs Commodity mutual fund market strength indicators, traders can identify Mfs Modity Strategy entry and exit signals to maximize returns
Mfs Commodity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Commodity'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 | 0.0618 | |||
| Jensen Alpha | 0.0413 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.5118 |
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Other Information on Investing in Mfs Mutual Fund
Mfs Commodity 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 Commodity security.
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