Mfs E Equity Fund Price on October 16, 2024
| MRGAX Fund | USD 56.37 0.20 0.35% |
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 E stands at 56.37, as last reported on the 11th of December 2024, with the highest price reaching 56.37 and the lowest price hitting 56.37 during the day. At this stage we consider Mfs Mutual Fund to be very steady. Mfs E Equity has Sharpe Ratio of 0.19, which conveys that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mfs E, which you can use to evaluate the volatility of the fund. Please verify Mfs E's Mean Deviation of 0.4886, risk adjusted performance of 0.155, and Downside Deviation of 0.6692 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.1919
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Mfs E is performing at about 15% 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 Mfs E by adding it to a well-diversified portfolio.
Mfs E Valuation on October 16, 2024
It is possible to determine the worth of Mfs E on a given historical date. On October 16, 2024 Mfs was worth 54.42 at the beginning of the trading date compared to the closed value of 54.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs E mutual fund. Still, in general, we apply an absolute valuation method to find Mfs E'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 E where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs E's related companies.
| Open | High | Low | Close | Volume | |
| 54.17 | 54.17 | 54.17 | 54.17 | 1.00 | |
10/16/2024 | 54.42 | 54.42 | 54.42 | 54.42 | 1.00 |
| 54.45 | 54.45 | 54.45 | 54.45 | 1.00 |
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Mfs E Trading Date Momentum on October 16, 2024
| On October 17 2024 Mfs E Equity was traded for 54.45 at the closing time. The highest daily price throughout the period was 54.45 and the lowest price was 54.45 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.06% . The trading delta at closing time to current closing price is 0.68% . |
Mfs E Equity Fundamentals Correlations and Trends
By evaluating Mfs E'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 E'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 E Mutual Fund history
Mfs E 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 E Equity 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 E stock prices may prove useful in developing a viable investing in Mfs E
Mfs E Mutual Fund Technical Analysis
Mfs E 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 E Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Mfs E Equity 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 E December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs E 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 E shares will generate the highest return on investment. By undertsting and applying Mfs E mutual fund market strength indicators, traders can identify Mfs E Equity entry and exit signals to maximize returns
Mfs E Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs E'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 | 0.155 | |||
| Jensen Alpha | 0.0431 | |||
| Total Risk Alpha | 0.0286 | |||
| Sortino Ratio | 0.0318 | |||
| Treynor Ratio | 0.1676 |
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| Volume Indicators |
Other Information on Investing in Mfs Mutual Fund
Mfs E 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 E security.
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