Mfs New Discovery Fund Price History

MNDRX Fund  USD 23.46  0.00  0.00%   
Below is the normalized historical share price chart for Mfs New Discovery 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 New stands at 23.46, as last reported on the 3rd of December, with the highest price reaching 23.46 and the lowest price hitting 23.46 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. At this stage we consider Mfs Mutual Fund to be very steady. Mfs New Discovery has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Mfs New, which you can use to evaluate the volatility of the fund. Please verify Mfs New's Mean Deviation of 0.788, risk adjusted performance of 0.0995, and Downside Deviation of 1.05 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
  
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.177

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Estimated Market Risk

 0.98
  actual daily
8
92% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Mfs New 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 New by adding it to a well-diversified portfolio.

Mfs New Mutual Fund Price History Chart

There are several ways to analyze Mfs New Discovery Fund price data. The simplest method is using a basic Mfs candlestick price chart, which shows Mfs New price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 25, 202423.55
Lowest PriceSeptember 6, 202420.61

Mfs New December 3, 2024 Mutual Fund Price Synopsis

Various analyses of Mfs New's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mfs Mutual Fund. It can be used to describe the percentage change in the price of Mfs New from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mfs Mutual Fund.
Mfs New Price Rate Of Daily Change 1.00 

Mfs New December 3, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Mfs New Discovery Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mfs New intraday prices and daily technical indicators to check the level of noise trading in Mfs New Discovery Fund and then apply it to test your longer-term investment strategies against Mfs.

Mfs Mutual Fund Price History Data

The price series of Mfs New for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 has a statistical range of 2.94 with a coefficient of variation of 3.29. The daily prices for the period are spread out with arithmetic mean of 21.91. The median price for the last 90 days is 21.75. The company issued dividends to stockholders on December 10, 2019.
OpenHighLowCloseVolume
12/03/2024
 23.46  23.46  23.46  23.46 
11/29/2024 23.46  23.46  23.46  23.46  1.00 
11/27/2024 23.39  23.39  23.39  23.39  1.00 
11/26/2024 23.45  23.45  23.45  23.45  1.00 
11/25/2024 23.55  23.55  23.55  23.55  1.00 
11/22/2024 23.21  23.21  23.21  23.21  1.00 
11/21/2024 22.87  22.87  22.87  22.87  1.00 
11/20/2024 22.44  22.44  22.44  22.44  1.00 
11/19/2024 22.31  22.31  22.31  22.31  1.00 
11/18/2024 22.13  22.13  22.13  22.13  1.00 
11/15/2024 22.12  22.12  22.12  22.12  1.00 
11/14/2024 22.54  22.54  22.54  22.54  1.00 
11/13/2024 22.97  22.97  22.97  22.97  1.00 
11/12/2024 23.10  23.10  23.10  23.10  1.00 
11/11/2024 23.25  23.25  23.25  23.25  1.00 
11/08/2024 23.04  23.04  23.04  23.04  1.00 
11/07/2024 22.99  22.99  22.99  22.99  1.00 
11/06/2024 22.87  22.87  22.87  22.87  1.00 
11/05/2024 22.17  22.17  22.17  22.17  1.00 
11/04/2024 21.77  21.77  21.77  21.77  1.00 
11/01/2024 21.75  21.75  21.75  21.75  1.00 
10/31/2024 21.71  21.71  21.71  21.71  1.00 
10/30/2024 22.00  22.00  22.00  22.00  1.00 
10/29/2024 22.03  22.03  22.03  22.03  1.00 
10/28/2024 21.89  21.89  21.89  21.89  1.00 
10/25/2024 21.66  21.66  21.66  21.66  1.00 
10/24/2024 21.68  21.68  21.68  21.68  1.00 
10/23/2024 21.54  21.54  21.54  21.54  1.00 
10/22/2024 21.73  21.73  21.73  21.73  1.00 
10/21/2024 21.85  21.85  21.85  21.85  1.00 
10/18/2024 22.01  22.01  22.01  22.01  1.00 
10/17/2024 22.00  22.00  22.00  22.00  1.00 
10/16/2024 21.94  21.94  21.94  21.94  1.00 
10/15/2024 21.78  21.78  21.78  21.78  1.00 
10/14/2024 21.98  21.98  21.98  21.98  1.00 
10/11/2024 21.82  21.82  21.82  21.82  1.00 
10/10/2024 21.47  21.47  21.47  21.47  1.00 
10/09/2024 21.53  21.53  21.53  21.53  1.00 
10/08/2024 21.44  21.44  21.44  21.44  1.00 
10/07/2024 21.37  21.37  21.37  21.37  1.00 
10/04/2024 21.61  21.61  21.61  21.61  1.00 
10/03/2024 21.33  21.33  21.33  21.33  1.00 
10/02/2024 21.42  21.42  21.42  21.42  1.00 
10/01/2024 21.44  21.44  21.44  21.44  1.00 
09/30/2024 21.74  21.74  21.74  21.74  1.00 
09/27/2024 21.76  21.76  21.76  21.76  1.00 
09/26/2024 21.67  21.67  21.67  21.67  1.00 
09/25/2024 21.50  21.50  21.50  21.50  1.00 
09/24/2024 21.69  21.69  21.69  21.69  1.00 
09/23/2024 21.63  21.63  21.63  21.63  1.00 
09/20/2024 21.70  21.70  21.70  21.70  1.00 
09/19/2024 21.87  21.87  21.87  21.87  1.00 
09/18/2024 21.46  21.46  21.46  21.46  1.00 
09/17/2024 21.48  21.48  21.48  21.48  1.00 
09/16/2024 21.32  21.32  21.32  21.32  1.00 
09/13/2024 21.25  21.25  21.25  21.25  1.00 
09/12/2024 20.94  20.94  20.94  20.94  1.00 
09/11/2024 20.80  20.80  20.80  20.80  1.00 
09/10/2024 20.63  20.63  20.63  20.63  1.00 
09/09/2024 20.75  20.75  20.75  20.75  1.00 
09/06/2024 20.61  20.61  20.61  20.61  1.00 

About Mfs New Mutual Fund history

Mfs New 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 New Discovery 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 New stock prices may prove useful in developing a viable investing in Mfs New
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. The advisor focuses on investing the funds assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies .

Mfs New Mutual Fund Technical Analysis

Mfs New 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 New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mfs New 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...

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Mfs New Technical and Predictive Indicators

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

Other Information on Investing in Mfs Mutual Fund

Mfs New 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 New security.
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