Mfs Emerging Markets Fund Price on October 23, 2019
EMLJX Fund | USD 5.63 0.13 0.37% |
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 Emerging stands at 5.41, as last reported on the 24th of April, with the highest price reaching 5.41 and the lowest price hitting 5.41 during the day. Mfs Emerging Markets has Sharpe Ratio of -0.12, which conveys that the entity had a -0.12% return per unit of risk over the last 3 months. Mfs Emerging exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Emerging's Standard Deviation of 0.4372, mean deviation of 0.33, and Risk Adjusted Performance of (0.08) 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 = -0.1231
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Estimated Market Risk
0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs Emerging 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 Emerging by adding Mfs Emerging to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Mfs Emerging Mutual Fund history
Mfs Emerging 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 Emerging Markets 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 Emerging stock prices may prove useful in developing a viable investing in Mfs Emerging
The investment seeks total return with an emphasis on high current income, but also considering capital appreciation. MFS Emerging is traded on NASDAQ Exchange in the United States.
Mfs Emerging Mutual Fund Technical Analysis
Mfs Emerging 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 Emerging Period Price Range
Mfs Emerging April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Emerging 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 Emerging shares will generate the highest return on investment. By undertsting and applying Mfs Emerging mutual fund market strength indicators, traders can identify Mfs Emerging Markets entry and exit signals to maximize returns
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 5.41 | |||
Day Typical Price | 5.41 | |||
Price Action Indicator | 0.01 | |||
Period Momentum Indicator | 0.02 |
Mfs Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Emerging'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 | (0.08) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (0.83) |
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Price Transform | ||
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Mfs Emerging Markets. 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 inflation. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.