Mfs New Discovery Fund Manager Performance Evaluation
| MNDRX Fund | USD 23.46 0.00 0.00% |
The fund secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mfs New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mfs New is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Mfs New Discovery are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Mfs New may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio | 1.5400 |
Mfs |
Mfs New Relative Risk vs. Return Landscape
If you would invest 2,110 in Mfs New Discovery on September 4, 2024 and sell it today you would earn a total of 236.00 from holding Mfs New Discovery or generate 11.18% return on investment over 90 days. Mfs New Discovery is currently producing 0.1731% returns and takes up 0.9783% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Mfs, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mfs New Current Valuation
Fairly Valued
Today
Please note that Mfs New's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mfs New Discovery secures a last-minute Real Value of $23.12 per share. The latest price of the fund is $23.46. We determine the value of Mfs New Discovery from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Mfs New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mfs Mutual Fund. However, Mfs New's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 23.46 | Real 23.12 | Hype 23.46 | Naive 23.72 |
The intrinsic value of Mfs New's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mfs New's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Mfs New Discovery helps investors to forecast how Mfs mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mfs New more accurately as focusing exclusively on Mfs New's fundamentals will not take into account other important factors: Mfs New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs New's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mfs New Discovery, and traders can use it to determine the average amount a Mfs New's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.177
| Best Portfolio | Best Equity | |||
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| Small Returns | MNDRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 Fundamentals Growth
Mfs Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mfs New, and Mfs New fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mfs Mutual Fund performance.
| Price To Earning | 1.30 X | ||||
| Price To Book | 3.23 X | ||||
| Price To Sales | 2.04 X | ||||
| Total Asset | 2.35 B | ||||
About Mfs New Performance
Evaluating Mfs New's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mfs New has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mfs New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 .Things to note about Mfs New Discovery performance evaluation
Checking the ongoing alerts about Mfs New for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mfs New Discovery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -4.0% | |
| Mfs New Discovery maintains 95.61% of its assets in stocks |
- Analyzing Mfs New's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mfs New's stock is overvalued or undervalued compared to its peers.
- Examining Mfs New's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mfs New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mfs New's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mfs New's mutual fund. These opinions can provide insight into Mfs New's potential for growth and whether the stock is currently undervalued or overvalued.
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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