Mfs Growth Fund Quote
| MFEGX Fund | USD 174.06 1.90 1.10% |
Performance5 of 100
| Odds Of DistressLess than 21
|
Mfs Growth is trading at 174.06 as of the 23rd of April 2024; that is 1.10 percent increase since the beginning of the trading day. The fund's open price was 172.16. Mfs Growth has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mfs Growth Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
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 adviser 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 .. More on Mfs Growth Fund
Moving together with Mfs Mutual Fund
| 0.66 | FPPJX | Mfs Prudent Investor | PairCorr |
| 0.66 | FPPQX | Mfs Prudent Investor | PairCorr |
| 0.62 | FPPRX | Mfs Prudent Investor | PairCorr |
| 0.65 | FPPSX | Mfs Prudent Investor | PairCorr |
| 0.67 | FPPUX | Mfs Prudent Investor | PairCorr |
| 0.67 | FPPVX | Mfs Prudent Investor | PairCorr |
| 0.96 | LFTJX | Mfs Lifetime 2065 | PairCorr |
Mfs Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mfs Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mfs Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | MFS Funds, Large Growth Funds, Large Growth, MFS, Large Growth, Large Growth (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of March 2023 |
| Fiscal Year End | November |
Mfs Growth Fund [MFEGX] is traded in USA and was established 23rd of April 2024. Mfs Growth is listed under MFS category by Fama And French industry classification. The fund is listed under Large Growth category and is part of MFS family. This fund now has accumulated 39.16 B in assets with minimum initial investment of 1 K. Mfs Growth Fund is currently producing year-to-date (YTD) return of 13.42%, while the total return for the last 3 years was 6.41%.
Check Mfs Growth Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mfs Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mfs Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mfs Growth Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Mfs Growth Fund Mutual Fund Constituents
| AMT | American Tower Corp | Stock | Real Estate |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| V | Visa Class A | Stock | Financials |
| TMO | Thermo Fisher Scientific | Stock | Health Care |
| PYPL | PayPal Holdings | Stock | Financials |
| NVDA | NVIDIA | Stock | Information Technology |
| NFLX | Netflix | Stock | Communication Services |
Mfs Growth Target Price Odds Analysis
Based on a normal probability distribution, the odds of Mfs Growth jumping above the current price in 90 days from now is about 65.02%. The Mfs Growth Fund probability density function shows the probability of Mfs Growth mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.12. This indicates Mfs Growth Fund market returns are sensitive to returns on the market. As the market goes up or down, Mfs Growth is expected to follow. Additionally, mfs Growth Fund has an alpha of 0.0281, implying that it can generate a 0.0281 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Mfs Growth to move above the current price in 90 days from now is about 65.02 (This Mfs Growth Fund probability density function shows the probability of Mfs Mutual Fund to fall within a particular range of prices over 90 days) .
Mfs Growth Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mfs Growth market risk premium is the additional return an investor will receive from holding Mfs Growth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mfs Growth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mfs Growth's alpha and beta are two of the key measurements used to evaluate Mfs Growth's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8282 | |||
| Semi Deviation | 0.8154 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.2 |
Mfs Growth Against Markets
Picking the right benchmark for Mfs Growth mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mfs Growth mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mfs Growth is critical whether you are bullish or bearish towards Mfs Growth Fund at a given time. Please also check how Mfs Growth's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mfs Growth without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Mfs Mutual Fund?
Before investing in Mfs Growth, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mfs Growth. To buy Mfs Growth fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mfs Growth. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mfs Growth fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mfs Growth Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mfs Growth Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Mfs Growth Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Mfs Growth Fund?
The danger of trading Mfs Growth Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mfs Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mfs Growth. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mfs Growth Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Growth Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Mfs Growth Fund information on this page should be used as a complementary analysis to other Mfs Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .