Mfs Emerging Markets Fund Price on July 5, 2023
| EMLKX Fund | USD 5.40 0.04 0.75% |
Below is the normalized historical share price chart for Mfs Emerging Markets extending back to September 15, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mfs Emerging stands at 5.40, as last reported on the 3rd of May, with the highest price reaching 5.40 and the lowest price hitting 5.40 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. Mfs Emerging Markets has Sharpe Ratio of -0.1, which conveys that the entity had a -0.1% return per unit of risk over the last 3 months. Mfs Emerging exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Emerging's Risk Adjusted Performance of (0.07), standard deviation of 0.4461, and Mean Deviation of 0.3433 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 = -0.103
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Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 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.
Mfs Emerging Valuation on July 5, 2023
It is possible to determine the worth of Mfs Emerging on a given historical date. On July 5, 2023 Mfs was worth 5.69 at the beginning of the trading date compared to the closed value of 5.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Emerging'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 Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Emerging's related companies.
| Open | High | Low | Close | Volume | |
| 5.70 | 5.70 | 5.50 | 5.50 | 1.00 | |
07/05/2023 | 5.69 | 5.69 | 5.49 | 5.49 | 1.00 |
| 5.62 | 5.62 | 5.42 | 5.42 | 1.00 |
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Mfs Emerging Trading Date Momentum on July 5, 2023
| On July 06 2023 Mfs Emerging Markets was traded for 5.42 at the closing time. The highest daily price throughout the period was 5.62 and the lowest price was 5.42 . There was no trading activity during the period 1.0. Lack of trading volume on 07/06/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.28% . The trading delta at closing time to current closing price is 6.01% . |
Mfs Emerging Markets Fundamentals Correlations and Trends
By evaluating Mfs Emerging'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 Emerging'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 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 fund normally invests at least 80 percent of its net assets in debt instruments of issuers that are tied economically to emerging market countries and denominated in local currencies and in derivative instruments with similar economic characteristics to these instruments. Emerging market countries are countries whose financial and capital markets are in the development phase and include countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe. It is non-diversified.
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
Low | July 5, 2023
| High |
5.69 | 5.49 |
Mfs Emerging May 3, 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
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 | (0.07) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.15) |
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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 industry. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.