Mfs Diversified Income Fund Price on April 19, 2024
| DIFCX Fund | USD 11.73 0.08 0.68% |
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Mfs Diversified stands at 11.73, as last reported on the 1st of May, with the highest price reaching 11.73 and the lowest price hitting 11.73 during the day. Mfs Diversified Me has Sharpe Ratio of -0.0565, which conveys that the entity had a -0.0565% return per unit of risk over the last 3 months. Mfs Diversified exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Diversified's Mean Deviation of 0.2948, standard deviation of 0.3909, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = -0.0565
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| Negative Returns | DIFCX |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs Diversified is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mfs Diversified by adding Mfs Diversified to a well-diversified portfolio.
Mfs Diversified Valuation on April 19, 2024
It is possible to determine the worth of Mfs Diversified on a given historical date. On April 19, 2024 Mfs was worth 11.7 at the beginning of the trading date compared to the closed value of 11.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Diversified mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Diversified's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mfs Diversified where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Diversified's related companies.
| Open | High | Low | Close | Volume | |
| 11.68 | 11.68 | 11.68 | 11.68 | 1.00 | |
04/19/2024 | 11.70 | 11.70 | 11.70 | 11.70 | 1.00 |
| 11.75 | 11.75 | 11.75 | 11.75 | 1.00 |
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Mfs Diversified Trading Date Momentum on April 19, 2024
| On April 22 2024 Mfs Diversified Income was traded for 11.75 at the closing time. The highest daily price throughout the period was 11.75 and the lowest price was 11.75 . There was no trading activity during the period 1.0. Lack of trading volume on 04/22/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.43% . The trading delta at closing time to current closing price is 0.94% . |
Mfs Diversified Me Fundamentals Correlations and Trends
By evaluating Mfs Diversified's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mfs Diversified's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mfs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mfs Diversified Mutual Fund history
Mfs Diversified investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mfs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mfs Diversified Me will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mfs Diversified stock prices may prove useful in developing a viable investing in Mfs Diversified
The investment seeks total return with an emphasis on current income, but also considering capital appreciation. MFS Diversified is traded on NASDAQ Exchange in the United States.
Mfs Diversified Mutual Fund Technical Analysis
Mfs Diversified technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Mfs Diversified Period Price Range
Low | April 19, 2024
| High |
11.70 | 11.70 |
Mfs Diversified May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Diversified mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mfs Diversified shares will generate the highest return on investment. By undertsting and applying Mfs Diversified mutual fund market strength indicators, traders can identify Mfs Diversified Income entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.7 | |||
| Day Typical Price | 11.7 | |||
| Period Momentum Indicator | 0.03 | |||
| Relative Strength Index | 44.74 |
Mfs Diversified Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Diversified's price direction in advance. Along with the technical and fundamental analysis of Mfs Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mfs to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.43) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Mfs Diversified Income. 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 main economic indicators. Note that the Mfs Diversified Me information on this page should be used as a complementary analysis to other Mfs Diversified'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.