Massachusetts Investors Trust Fund Price on November 24, 2023
| MITIX Fund | USD 39.88 0.09 0.23% |
Below is the normalized historical share price chart for Massachusetts Investors Trust extending back to July 03, 1997. 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 Massachusetts Investors stands at 39.88, as last reported on the 28th of November, with the highest price reaching 39.88 and the lowest price hitting 39.88 during the day.
If you're considering investing in Massachusetts Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Massachusetts Mutual Fund to be very steady. Massachusetts Investors 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. We have found twenty-eight technical indicators for Massachusetts Investors, which you can use to evaluate the volatility of the fund. Please verify Massachusetts Investors' Mean Deviation of 0.487, downside deviation of 0.7251, and Risk Adjusted Performance of 0.091 to check out if the risk estimate we provide is consistent with the expected return of 0.0736%.
Massachusetts Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Massachusetts |
Sharpe Ratio = 0.1065
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MITIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Massachusetts Investors is performing at about 8% 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 Massachusetts Investors by adding it to a well-diversified portfolio.
Massachusetts Investors Valuation on November 24, 2023
It is possible to determine the worth of Massachusetts Investors on a given historical date. On November 24, 2023 Massachusetts was worth 30.9 at the beginning of the trading date compared to the closed value of 30.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Massachusetts Investors mutual fund. Still, in general, we apply an absolute valuation method to find Massachusetts Investors' 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 Massachusetts Investors where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Massachusetts Investors' related companies.
| Open | High | Low | Close | Volume | |
| 30.87 | 30.87 | 30.87 | 30.87 | 1.00 | |
11/24/2023 | 30.90 | 30.90 | 30.90 | 30.90 | 1.00 |
| 30.84 | 30.84 | 30.84 | 30.84 | 1.00 |
| Backtest Massachusetts Investors | | | Massachusetts Investors History | | | Massachusetts Investors Valuation | Previous | Next |
Massachusetts Investors Trading Date Momentum on November 24, 2023
| On November 27 2023 Massachusetts Investors Trust was traded for 30.84 at the closing time. The highest daily price throughout the period was 30.84 and the lowest price was 30.84 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.19% . The trading delta at closing time to current closing price is 0.03% . |
Massachusetts Investors Fundamentals Correlations and Trends
By evaluating Massachusetts Investors' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Massachusetts Investors' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Massachusetts financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Massachusetts Investors Mutual Fund history
Massachusetts Investors 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 Massachusetts is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Massachusetts Investors 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 Massachusetts Investors stock prices may prove useful in developing a viable investing in Massachusetts Investors
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. While it may invest the funds assets in companies of any size, the fund primarily invests in companies with large capitalizations. It may invest the funds assets in foreign securities.
Massachusetts Investors Mutual Fund Technical Analysis
Massachusetts Investors 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
Massachusetts Investors Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Massachusetts Investors Trust 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.
Massachusetts Investors November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Massachusetts Investors 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 Massachusetts Investors shares will generate the highest return on investment. By undertsting and applying Massachusetts Investors mutual fund market strength indicators, traders can identify Massachusetts Investors Trust entry and exit signals to maximize returns
Massachusetts Investors Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Massachusetts Investors' price direction in advance. Along with the technical and fundamental analysis of Massachusetts Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Massachusetts 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 | 0.091 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0936 |
| 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 Massachusetts Mutual Fund
Massachusetts Investors financial ratios help investors to determine whether Massachusetts 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 Massachusetts with respect to the benefits of owning Massachusetts Investors security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |