Mfs Growth Fund Price on May 6, 9024
| MFECX Fund | USD 150.61 1.24 0.83% |
Below is the normalized historical share price chart for Mfs Growth Fund extending back to June 04, 1996. 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 Growth stands at 150.61, as last reported on the 30th of November, with the highest price reaching 150.61 and the lowest price hitting 150.61 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 Growth Fund has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mfs Growth, which you can use to evaluate the volatility of the fund. Please verify Mfs Growth's Risk Adjusted Performance of 0.0978, downside deviation of 1.2, and Mean Deviation of 0.6628 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.1722
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MFECX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mfs Growth is performing at about 13% 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 Growth by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Mfs Growth Mutual Fund history
Mfs Growth 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 Growth Fund 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 Growth stock prices may prove useful in developing a viable investing in Mfs Growth
The fund normally invests the funds assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest in a company or other issuer. The adviser focuses on investing the funds assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies .
Mfs Growth Mutual Fund Technical Analysis
Mfs Growth 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 Growth Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Mfs Growth Fund 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 Growth November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Growth 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 Growth shares will generate the highest return on investment. By undertsting and applying Mfs Growth mutual fund market strength indicators, traders can identify Mfs Growth Fund entry and exit signals to maximize returns
Mfs Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Growth'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 | 0.0978 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1268 |
| 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 Growth 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 Growth security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Commodity Directory Find actively traded commodities issued by global exchanges |