Mfs Modity Strategy Fund Quote
| MCSAX Fund | USD 3.74 0.01 0.27% |
Performance22 of 100
| Odds Of DistressLess than 15
|
Mfs Modity is trading at 3.74 as of the 23rd of May 2024; that is -0.27 percent decrease since the beginning of the trading day. The fund's open price was 3.75. Mfs Modity has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Mfs Modity Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of May 2024. Click here to learn more.
The fund seeks to achieve the funds objective by providing exposure to the commodities markets through investing in commodity-linked derivatives rather than investing directly in commodities. Commodities are assets with tangible properties, including oil, natural gas, agricultural products, and industrial and other precious metals.. More on Mfs Modity Strategy
Moving together with Mfs Mutual Fund
| 0.64 | FPPJX | Mfs Prudent Investor | PairCorr |
| 0.63 | FPPQX | Mfs Prudent Investor | PairCorr |
| 0.62 | FPPSX | Mfs Prudent Investor | PairCorr |
| 0.63 | FPPUX | Mfs Prudent Investor | PairCorr |
| 0.63 | FPPVX | Mfs Prudent Investor | 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 Modity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mfs Modity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | MFS Funds, Large Funds, Commodities Broad Basket Funds, Commodities Broad Basket, MFS (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Mfs Modity Strategy [MCSAX] is traded in USA and was established 23rd of May 2024. Mfs Modity is listed under MFS category by Fama And French industry classification. The fund is listed under Commodities Broad Basket category and is part of MFS family. This fund now has accumulated 766.64 M in assets with no minimum investment requirementsMfs Modity Strategy is currently producing year-to-date (YTD) return of 8.36% with the current yeild of 0.0%, while the total return for the last 3 years was 7.83%.
Check Mfs Modity Probability Of Bankruptcy
Mfs Modity Strategy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mfs Modity market risk premium is the additional return an investor will receive from holding Mfs Modity 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 Modity. 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 Modity's alpha and beta are two of the key measurements used to evaluate Mfs Modity's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4452 | |||
| Semi Deviation | 0.3389 | |||
| Standard Deviation | 0.572 | |||
| Variance | 0.3272 |
Mfs Modity Against Markets
Picking the right benchmark for Mfs Modity 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 Modity 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 Modity is critical whether you are bullish or bearish towards Mfs Modity Strategy at a given time. Please also check how Mfs Modity'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 Modity 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 Modity, 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 Modity. To buy Mfs Modity fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mfs Modity. 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 Modity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mfs Modity Strategy 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 Modity Strategy 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 Modity Strategy, 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 Modity Strategy?
The danger of trading Mfs Modity Strategy 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 Modity 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 Modity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mfs Modity Strategy 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 Modity Strategy. 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 nation. Note that the Mfs Modity Strategy information on this page should be used as a complementary analysis to other Mfs Modity'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..