Mfs Technology Fund Price on November 19, 2024
| MTCLX Fund | USD 80.72 0.62 0.77% |
Below is the normalized historical share price chart for Mfs Technology Fund extending back to January 02, 2013. 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 Technology stands at 80.72, as last reported on the 30th of November, with the highest price reaching 80.72 and the lowest price hitting 80.72 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. Mfs Technology appears to be very steady, given 3 months investment horizon. Mfs Technology has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mfs Technology, which you can use to evaluate the volatility of the fund. Please exercise Mfs Technology's Mean Deviation of 0.8436, risk adjusted performance of 0.1004, and Downside Deviation of 1.43 to check out if our risk estimates are consistent with your expectations.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.1748
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mfs Technology is performing at about 13% 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 Technology by adding it to a well-diversified portfolio.
Mfs Technology Valuation on November 19, 2024
It is possible to determine the worth of Mfs Technology on a given historical date. On November 19, 2024 Mfs was worth 79.88 at the beginning of the trading date compared to the closed value of 79.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Technology mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Technology'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 Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Technology's related companies.
| Open | High | Low | Close | Volume | |
| 79.17 | 79.17 | 79.17 | 79.17 | 1.00 | |
11/19/2024 | 79.88 | 79.88 | 79.88 | 79.88 | 1.00 |
| 79.75 | 79.75 | 79.75 | 79.75 | 1.00 |
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Mfs Technology Trading Date Momentum on November 19, 2024
| On November 20 2024 Mfs Technology Fund was traded for 79.75 at the closing time. The highest daily price throughout the period was 79.75 and the lowest price was 79.75 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.16% . The trading delta at closing time to current closing price is 1.05% . |
Mfs Technology Fundamentals Correlations and Trends
By evaluating Mfs Technology'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 Technology'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 Technology Mutual Fund history
Mfs Technology 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 Technology 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 Technology stock prices may prove useful in developing a viable investing in Mfs Technology
The fund normally invests at least 80 percent of the funds net assets in securities of issuers principally engaged in offering, using or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. It normally invests the funds assets primarily in equity securities. The fund may invest its assets in securities of companies of any size. It is non-diversified.
Mfs Technology Mutual Fund Technical Analysis
Mfs Technology 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 Technology Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Mfs Technology Fund 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 Technology November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Technology 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 Technology shares will generate the highest return on investment. By undertsting and applying Mfs Technology mutual fund market strength indicators, traders can identify Mfs Technology Fund entry and exit signals to maximize returns
Mfs Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Technology'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 | 0.1004 | |||
| Jensen Alpha | 0.0133 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0109 | |||
| Treynor Ratio | 0.1407 |
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Other Information on Investing in Mfs Mutual Fund
Mfs Technology 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 Technology security.
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