Mfs Multimarket Income Stock Price on September 11, 2023

MMT Stock  USD 4.68  0.03  0.65%   
Below is the normalized historical share price chart for MFS Multimarket Income extending back to March 05, 1987. 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 Multimarket stands at 4.68, as last reported on the 29th of November, with the highest price reaching 4.69 and the lowest price hitting 4.66 during the day.
IPO Date
5th of March 1987
200 Day MA
4.6866
50 Day MA
4.7746
Beta
0.688
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MFS Stock, it is important to understand the factors that can impact its price. MFS Multimarket Income has Sharpe Ratio of -0.0115, which conveys that the firm had a -0.0115% return per unit of standard deviation over the last 3 months. MFS Multimarket exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MFS Multimarket's Mean Deviation of 0.3844, insignificant risk adjusted performance, and Market Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
  
At this time, MFS Multimarket's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 355.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 56.4 M in 2024. . At this time, MFS Multimarket's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 16.08 in 2024, whereas Price To Book Ratio is likely to drop 0.60 in 2024. MFS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0115

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Estimated Market Risk

 0.49
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average MFS Multimarket 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 Multimarket by adding MFS Multimarket to a well-diversified portfolio.
Price Book
0.9407
Price Sales
11.3569
Dividend Share
0.395
Earnings Share
0.34
Shares Short
23.8 K

MFS Multimarket Valuation on September 11, 2023

It is possible to determine the worth of MFS Multimarket on a given historical date. On September 11, 2023 MFS was worth 3.97 at the beginning of the trading date compared to the closed value of 3.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MFS Multimarket stock. Still, in general, we apply an absolute valuation method to find MFS Multimarket'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 Multimarket where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MFS Multimarket's related companies.
 Open High Low Close Volume
  3.97    3.99    3.95    3.96    39,903  
09/11/2023
  3.97    3.97    3.94    3.95    80,922  
  3.96    3.96    3.92    3.94    121,552  
Backtest MFS Multimarket  |  MFS Multimarket History  |  MFS Multimarket Valuation   PreviousNext  
Open Value
3.97
3.95
Closing Value
5.43
Upside

MFS Multimarket Trading Date Momentum on September 11, 2023

On September 12 2023 MFS Multimarket Income was traded for  3.94  at the closing time. Highest MFS Multimarket's price during the trading hours was 3.96  and the lowest price during the day was  3.92 . The net volume was 121.6 K. The overall trading history on the 12th of September 2023 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.25% . The trading delta at closing time to current price is 1.77% .

MFS Multimarket Income Fundamentals Correlations and Trends

By evaluating MFS Multimarket'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 Multimarket'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 Multimarket Stock history

MFS Multimarket 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 Multimarket Income 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 Multimarket stock prices may prove useful in developing a viable investing in MFS Multimarket
Last ReportedProjected for Next Year
Common Stock Shares Outstanding65.3 M56.4 M
Net Loss-51.9 M-49.3 M

MFS Multimarket Stock Technical Analysis

MFS Multimarket technical stock 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, stock market cycles, or different charting patterns.
A focus of MFS Multimarket technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MFS Multimarket trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MFS Multimarket Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MFS Multimarket Income cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Multimarket November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how MFS Multimarket stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MFS Multimarket shares will generate the highest return on investment. By undertsting and applying MFS Multimarket stock market strength indicators, traders can identify MFS Multimarket Income entry and exit signals to maximize returns

MFS Multimarket Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MFS Multimarket's price direction in advance. Along with the technical and fundamental analysis of MFS Stock 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.

Additional Tools for MFS Stock Analysis

When running MFS Multimarket's price analysis, check to measure MFS Multimarket's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS Multimarket is operating at the current time. Most of MFS Multimarket's value examination focuses on studying past and present price action to predict the probability of MFS Multimarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Multimarket's price. Additionally, you may evaluate how the addition of MFS Multimarket to your portfolios can decrease your overall portfolio volatility.