Mfs Value Fund Price on May 13, 2019
| MEIKX Fund | USD 48.72 0.25 0.51% |
Below is the normalized historical share price chart for Mfs Value Fund extending back to June 01, 2012. 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 Value stands at 48.72, as last reported on the 16th of April 2024, with the highest price reaching 48.72 and the lowest price hitting 48.72 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. We consider Mfs Value very steady. Mfs Value Fund has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mfs Value, which you can use to evaluate the volatility of the fund. Please verify Mfs Value's Downside Deviation of 0.6097, risk adjusted performance of 0.0633, and Mean Deviation of 0.4143 to check out if the risk estimate we provide is consistent with the expected return of 0.0796%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.1481
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MEIKX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Mfs Value is performing at about 11% of its full potential. 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 Value by adding it 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.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
About Mfs Value Mutual Fund history
Mfs Value 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 Value Fund 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 Value stock prices may prove useful in developing a viable investing in Mfs Value
The fund normally invests the funds assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest in a company or other issuer. MFS focuses on investing the funds assets in the stocks of companies the advisor believes are undervalued compared to their perceived worth .
Mfs Value Mutual Fund Technical Analysis
Mfs Value 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 Value Period Price Range
Mfs Value April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Value 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 Value shares will generate the highest return on investment. By undertsting and applying Mfs Value mutual fund market strength indicators, traders can identify Mfs Value Fund entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 48.72 | |||
| Day Typical Price | 48.72 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.25) |
Mfs Value Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Value'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 | 0.0633 | |||
| Jensen Alpha | 0.0031 | |||
| Total Risk Alpha | 5.0E-4 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0565 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Value Fund. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.