Mfs New Discovery Fund Analysis

MNDRX Fund  USD 23.01  0.12  0.52%   
Mfs New Discovery is fairly valued with Real Value of 22.78 and Hype Value of 22.89. The main objective of Mfs New fund analysis is to determine its intrinsic value, which is an estimate of what Mfs New Discovery is worth, separate from its market price. There are two main types of Mfs Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Mfs New Discovery. On the other hand, technical analysis, focuses on the price and volume data of Mfs Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Mfs New mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs New Discovery. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Mfs Mutual Fund Analysis Notes

The fund generated returns of 6.0% over the last ten years. Mfs New Discovery maintains 95.61% of assets in stocks. Large To find out more about Mfs New Discovery contact the company at 800-225-2606.

Mfs New Discovery Investment Alerts

The fund generated three year return of -4.0%
Mfs New Discovery maintains 95.61% of its assets in stocks

Mfs Market Capitalization

The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mfs New's market, we take the total number of its shares issued and multiply it by Mfs New's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Top Mfs New Discovery Mutual Fund Constituents

Technical Drivers

As of the 11th of December 2024, Mfs New secures the Mean Deviation of 0.7306, downside deviation of 0.8748, and Risk Adjusted Performance of 0.1184. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mfs New Discovery, as well as the relationship between them.

Mfs New Discovery Price Movement Analysis

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The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mfs New middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mfs New Discovery. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Mfs New Predictive Daily Indicators

Mfs New intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mfs New mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Mfs New Forecast Models

Mfs New's time-series forecasting models are one of many Mfs New's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mfs New's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Mfs Mutual Fund Analysis

Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Mfs New prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mfs shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Mfs New. By using and applying Mfs Mutual Fund analysis, traders can create a robust methodology for identifying Mfs entry and exit points for their positions.
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 .

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Mfs New to your portfolios without increasing risk or reducing expected return.

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Technical Analysis

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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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