Mfs Global Real Fund Price on September 18, 2024
MGLJX Fund | USD 17.38 0.03 0.17% |
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 Global stands at 17.38, as last reported on the 27th of November, with the highest price reaching 17.38 and the lowest price hitting 17.38 during the day. Mfs Global Real has Sharpe Ratio of -0.005, which conveys that the entity had a -0.005% return per unit of risk over the last 3 months. Mfs Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Global's Mean Deviation of 0.5825, insignificant risk adjusted performance, and Standard Deviation of 0.729 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 = -0.005
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Estimated Market Risk
0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs Global 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 Global by adding Mfs Global to a well-diversified portfolio.
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Mfs Global Valuation on September 18, 2024
It is possible to determine the worth of Mfs Global on a given historical date. On September 18, 2024 Mfs was worth 18.05 at the beginning of the trading date compared to the closed value of 18.05. 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 | |
18.13 | 18.13 | 18.13 | 18.13 | 1.00 | |
09/18/2024 | 18.05 | 18.05 | 18.05 | 18.05 | 1.00 |
18.19 | 18.19 | 18.19 | 18.19 | 1.00 |
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Mfs Global Trading Date Momentum on September 18, 2024
On September 19 2024 Mfs Global Real was traded for 18.19 at the closing time. The highest daily price throughout the period was 18.19 and the lowest price was 18.19 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.78% . The trading delta at closing time to current closing price is 0.39% . |
Mfs Global Real 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 Real 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
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 27, 2024
| High |
0.00 | 0.00 |
Mfs Global Real 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 27, 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 Real 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) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.42) |
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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.
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