Mfs International New Fund Price on October 30, 2024
MIDBX Fund | USD 30.13 0.06 0.20% |
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 International stands at 30.13, as last reported on the 27th of November, with the highest price reaching 30.13 and the lowest price hitting 30.13 during the day. Mfs International New has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of risk over the last 3 months. Mfs International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs International's Standard Deviation of 0.6269, mean deviation of 0.4918, and Risk Adjusted Performance of (0.08) 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 = -0.1077
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Estimated Market Risk
0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs International 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 International by adding Mfs International to a well-diversified portfolio.
Mfs International Valuation on October 30, 2024
It is possible to determine the worth of Mfs International on a given historical date. On October 30, 2024 Mfs was worth 30.86 at the beginning of the trading date compared to the closed value of 30.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs International mutual fund. Still, in general, we apply an absolute valuation method to find Mfs International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs International's related companies.
Open | High | Low | Close | Volume | |
30.89 | 30.89 | 30.89 | 30.89 | 1.00 | |
10/30/2024 | 30.86 | 30.86 | 30.86 | 30.86 | 1.00 |
30.66 | 30.66 | 30.66 | 30.66 | 1.00 |
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Mfs International Trading Date Momentum on October 30, 2024
On October 31 2024 Mfs International New was traded for 30.66 at the closing time. The highest daily price throughout the period was 30.66 and the lowest price was 30.66 . There was no trading activity during the period 1.0. Lack of trading volume on 10/31/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.65% . The trading delta at closing time to current closing price is 0.39% . |
Mfs International New Fundamentals Correlations and Trends
By evaluating Mfs International'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 International'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 International Mutual Fund history
Mfs International 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 International New 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 International stock prices may prove useful in developing a viable investing in Mfs International
Mfs International Mutual Fund Technical Analysis
Mfs International 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 International Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Mfs International New 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 International November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs International 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 International shares will generate the highest return on investment. By undertsting and applying Mfs International mutual fund market strength indicators, traders can identify Mfs International New entry and exit signals to maximize returns
Mfs International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs International'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 | (0.08) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (3.36) |
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Volume Indicators |
Other Information on Investing in Mfs Mutual Fund
Mfs International 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 International security.
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