Mfs Global Alternative Fund Fundamentals
| DVRFX Fund | USD 12.05 0.01 0.08% |
Mfs Global Alternative fundamentals help investors to digest information that contributes to Mfs Global's financial success or failures. It also enables traders to predict the movement of Mfs Mutual Fund. The fundamental analysis module provides a way to measure Mfs Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mfs Global mutual fund.
Mfs |
Mfs Global Alternative Mutual Fund Annual Yield Analysis
Mfs Global's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Mfs Global Annual Yield | 0 % |
Most of Mfs Global's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mfs Global Alternative is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
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In accordance with the recently published financial statements, Mfs Global Alternative has an Annual Yield of 0.0031%. This is much higher than that of the MFS family and significantly higher than that of the Macro Trading category. The annual yield for all United States funds is notably lower than that of the firm.
Mfs Global Alternative Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mfs Global's current stock value. Our valuation model uses many indicators to compare Mfs Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs Global competition to find correlations between indicators driving Mfs Global's intrinsic value. More Info.Mfs Global Alternative is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mfs Global Alternative is roughly 7.67 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mfs Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mfs Global's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mfs Global's earnings, one of the primary drivers of an investment's value.Mfs Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mfs Global's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mfs Global could also be used in its relative valuation, which is a method of valuing Mfs Global by comparing valuation metrics of similar companies.Mfs Global is currently under evaluation in annual yield among similar funds.
Fund Asset Allocation for Mfs Global
The fund invests 28.99% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (12.21%) , cash (54.97%) and various exotic instruments.Asset allocation divides Mfs Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Mfs Fundamentals
| Price To Earning | 19.47 X | |||
| Price To Book | 2.54 X | |||
| Price To Sales | 1.72 X | |||
| Total Asset | 167.02 M | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 5.22 % | |||
| One Year Return | 9.48 % | |||
| Three Year Return | 2.97 % | |||
| Five Year Return | 3.66 % | |||
| Ten Year Return | 2.65 % | |||
| Net Asset | 220.66 M | |||
| Last Dividend Paid | 0.03 | |||
| Cash Position Weight | 54.97 % | |||
| Equity Positions Weight | 28.99 % | |||
| Bond Positions Weight | 12.21 % |
About Mfs Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mfs Global Alternative's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mfs Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mfs Global Alternative based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund seeks to achieve a total rate of return for the fund that meets or exceeds the ICE BofA 0-3 Month U.S. Treasury Bill Index plus 2 percent to 4, net of fund expenses, over a full market cycle. The fund normally has exposure to at least three different countries and typically has significant long andor short exposure to foreign securities and foreign currencies. The fund generally invests approximately 20 percent of the funds assets in debt instruments and the remainder of the funds assets in equity securities and cash andor cash equivalents.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mfs Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mfs Global's short interest history, or implied volatility extrapolated from Mfs Global options trading.
Pair Trading with Mfs Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mfs Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mfs Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Mfs Mutual Fund
| 0.71 | FPPJX | Mfs Prudent Investor | PairCorr |
| 0.71 | FPPQX | Mfs Prudent Investor | PairCorr |
| 0.68 | FPPRX | Mfs Prudent Investor | PairCorr |
| 0.69 | FPPSX | Mfs Prudent Investor | PairCorr |
| 0.73 | FPPUX | Mfs Prudent Investor | PairCorr |
The ability to find closely correlated positions to Mfs Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mfs Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mfs Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mfs Global Alternative to buy it.
The correlation of Mfs Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mfs Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mfs Global Alternative moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mfs Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Mfs Global Alternative. 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 census. Note that the Mfs Global Alternative information on this page should be used as a complementary analysis to other Mfs Global'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.