Mfs Charter Income Stock Technical Analysis
| MCR Stock | USD 6.24 0.04 0.65% |
As of the 22nd of November, MFS Charter secures the Risk Adjusted Performance of (0.02), market risk adjusted performance of (0.07), and Mean Deviation of 0.3435. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MFS Charter Income, as well as the relationship between them. Please verify MFS Charter Income risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if MFS Charter Income is priced more or less accurately, providing market reflects its recent price of 6.24 per share. Given that MFS Charter Income has information ratio of (0.27), we recommend you to check MFS Charter's last-minute market performance to make sure the company can sustain itself at some point in the future.
MFS Charter Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MFS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MFSMFS |
MFS Charter Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 3.67 | Hold | 1 | Odds |
Most MFS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MFS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MFS Charter Income, talking to its executives and customers, or listening to MFS conference calls.
MFS Charter technical stock 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, stock market cycles, or different charting patterns.
MFS Charter Income Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of MFS Charter Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MFS Charter Income Trend Analysis
Use this graph to draw trend lines for MFS Charter Income. You can use it to identify possible trend reversals for MFS Charter as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MFS Charter price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MFS Charter Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MFS Charter Income applied against its price change over selected period. The best fit line has a slop of 0.0013 , which may imply that the returns on investment in MFS Charter Income will continue to fail. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted MFS Charter price change compared to its average price change.About MFS Charter Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MFS Charter Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MFS Charter Income based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MFS Charter Income price pattern first instead of the macroeconomic environment surrounding MFS Charter Income. By analyzing MFS Charter's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MFS Charter's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MFS Charter specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | PTB Ratio | 1.0 | 0.82 | 0.74 | Dividend Yield | 0.0867 | 0.0814 | 0.067 |
MFS Charter November 22, 2024 Technical Indicators
Most technical analysis of MFS help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MFS from various momentum indicators to cycle indicators. When you analyze MFS charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 0.3435 | |||
| Coefficient Of Variation | (6,715) | |||
| Standard Deviation | 0.4275 | |||
| Variance | 0.1828 | |||
| Information Ratio | (0.27) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 1.88 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.6452 | |||
| Skewness | (0.03) | |||
| Kurtosis | (0.35) |
Additional Tools for MFS Stock Analysis
When running MFS Charter's price analysis, check to measure MFS Charter's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS Charter is operating at the current time. Most of MFS Charter's value examination focuses on studying past and present price action to predict the probability of MFS Charter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Charter's price. Additionally, you may evaluate how the addition of MFS Charter to your portfolios can decrease your overall portfolio volatility.