Mfs Government Securities Fund Price on November 22, 2024
| MFGKX Fund | USD 8.51 0.01 0.12% |
Below is the normalized historical share price chart for Mfs Government Securities extending back to July 02, 2012. 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 Government stands at 8.51, as last reported on the 24th of November, with the highest price reaching 8.51 and the lowest price hitting 8.51 during the day.
If you're considering investing in MFS Mutual Fund, it is important to understand the factors that can impact its price. Mfs Government Securities has Sharpe Ratio of -0.13, which conveys that the entity had a -0.13% return per unit of risk over the last 3 months. Mfs Government exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Government's Standard Deviation of 0.2827, risk adjusted performance of (0.1), and Mean Deviation of 0.2088 to check out the risk estimate we provide.
MFS Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
MFS |
Sharpe Ratio = -0.1272
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| Negative Returns | MFGKX |
Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs Government is not performing at its full potential. However, 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 Government by adding Mfs Government to a well-diversified portfolio.
Mfs Government Valuation on November 22, 2024
It is possible to determine the worth of Mfs Government on a given historical date. On November 22, 2024 MFS was worth 8.51 at the beginning of the trading date compared to the closed value of 8.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Government mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Government'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 Government where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Government's related companies.
| Open | High | Low | Close | Volume | |
| 8.51 | 8.51 | 8.51 | 8.51 | 1.00 | |
11/22/2024 | 8.51 | 8.51 | 8.51 | 8.51 | 1.00 |
| 8.51 | 8.51 | 8.51 | 8.51 | 0.00 |
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Mfs Government Trading Date Momentum on November 22, 2024
| On November 24 2024 Mfs Government Securities was traded for 8.51 at the closing time. The highest daily price throughout the period was 8.51 and the lowest price was 8.51 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Mfs Government Securities Fundamentals Correlations and Trends
By evaluating Mfs Government'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 Government'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 Government Mutual Fund history
Mfs Government 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 Government Securities 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 Government stock prices may prove useful in developing a viable investing in Mfs Government
The fund normally invests at least 80 percent of its net assets in U.S. government securities. It generally invests substantially all of its assets in investment grade quality debt instruments. The fund may invest a significant percentage of the funds assets in a single issuer or a small number of issuers.
Mfs Government Mutual Fund Technical Analysis
Mfs Government 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 Government Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Mfs Government Securities 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 Government November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Government 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 Government shares will generate the highest return on investment. By undertsting and applying Mfs Government mutual fund market strength indicators, traders can identify Mfs Government Securities entry and exit signals to maximize returns
Mfs Government Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Government'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 | (0.1) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.4722 |
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Other Information on Investing in MFS Mutual Fund
Mfs Government 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 Government security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |