Mfs Utilities Fund Price on March 22, 2023

MURRX Fund  USD 22.84  0.52  2.23%   
Below is the normalized historical share price chart for Mfs Utilities Fund extending back to October 31, 2003. 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 Utilities stands at 22.84, as last reported on the 12th of December 2024, with the highest price reaching 22.84 and the lowest price hitting 22.84 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. Mfs Utilities has Sharpe Ratio of -0.0497, which conveys that the entity had a -0.0497% return per unit of risk over the last 3 months. Mfs Utilities exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Utilities' Mean Deviation of 0.7203, risk adjusted performance of (0.01), and Standard Deviation of 0.909 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.

Sharpe Ratio = -0.0497

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMURRX

Estimated Market Risk

 0.91
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mfs Utilities 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 Utilities by adding Mfs Utilities to a well-diversified portfolio.

Mfs Utilities Valuation on March 22, 2023

It is possible to determine the worth of Mfs Utilities on a given historical date. On March 22, 2023 Mfs was worth 20.65 at the beginning of the trading date compared to the closed value of 20.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Utilities mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Utilities' 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 Utilities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Utilities' related companies.
 Open High Low Close Volume
  21.00    21.00    21.00    21.00    1.00  
03/22/2023
  20.65    20.65    20.65    20.65    1.00  
  20.53    20.53    20.53    20.53    1.00  
Backtest Mfs Utilities  |  Mfs Utilities History  |  Mfs Utilities Valuation   PreviousNext  
Open Value
20.65
20.65
Closing Value
23.39
Upside

Mfs Utilities Trading Date Momentum on March 22, 2023

On March 23 2023 Mfs Utilities Fund was traded for  20.53  at the closing time. The highest daily price throughout the period was 20.53  and the lowest price was  20.53 . There was no trading activity during the period 1.0. Lack of trading volume on 03/23/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.58% . The trading delta at closing time to current closing price is 4.50% .

Mfs Utilities Fundamentals Correlations and Trends

By evaluating Mfs Utilities' 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 Utilities' 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 Utilities Mutual Fund history

Mfs Utilities 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 Utilities 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 Utilities stock prices may prove useful in developing a viable investing in Mfs Utilities
The fund normally invests at least 80 percent of its net assets in securities of issuers in the utilities industry. Issuers in the utilities industry include issuers engaged in the manufacture, production, generation, transmission, sale or distribution of electric, gas or other types of energy, water or other sanitary services and issuers engaged in telecommunications, including telephone, cellular telephone, satellite, microwave, cable television, and other communications media .

Mfs Utilities Mutual Fund Technical Analysis

Mfs Utilities 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.
A focus of Mfs Utilities technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mfs Utilities 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 Utilities Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mfs Utilities 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 Utilities December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Mfs Utilities 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 Utilities shares will generate the highest return on investment. By undertsting and applying Mfs Utilities mutual fund market strength indicators, traders can identify Mfs Utilities Fund entry and exit signals to maximize returns

Mfs Utilities Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mfs Utilities' 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.

Other Information on Investing in Mfs Mutual Fund

Mfs Utilities 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 Utilities security.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets