Mfs Global Equity Fund Price on January 26, 2024
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. Mfs Global Equity has Sharpe Ratio of 0.0013, which conveys that the entity had a 0.0013% return per unit of risk over the last 3 months. We have found zero technical indicators for Mfs Global, which you can use to evaluate the volatility of the fund.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.0
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Based on monthly moving average Mfs Global 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 Global by adding Mfs Global to a well-diversified portfolio.
Mfs Global Valuation on January 26, 2024
It is possible to determine the worth of Mfs Global on a given historical date. On January 26, 2024 Mfs was worth 40.17 at the beginning of the trading date compared to the closed value of 40.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Global mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Global's related companies.
| Open | High | Low | Close | Volume | |
| 39.73 | 39.73 | 39.73 | 39.73 | 1.00 | |
01/26/2024 | 40.17 | 40.17 | 40.17 | 40.17 | 1.00 |
| 40.36 | 40.36 | 40.36 | 40.36 | 1.00 |
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Mfs Global Trading Date Momentum on January 26, 2024
| On January 29 2024 Mfs Global Equity was traded for 40.36 at the closing time. The highest daily price throughout the period was 40.36 and the lowest price was 40.36 . There was no trading activity during the period 1.0. Lack of trading volume on 01/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.47% . The trading delta at closing time to current closing price is 0.60% . |
Mfs Global Equity Fundamentals Correlations and Trends
By evaluating Mfs Global'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 Global'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 Global Mutual Fund history
Mfs Global 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 Global Equity 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 Global stock prices may prove useful in developing a viable investing in Mfs Global
Mfs Global Mutual Fund Technical Analysis
Mfs Global 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 Global Period Price Range
Low | January 26, 2024
| High |
40.17 | 40.17 |
Mfs Global April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Global 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 Global shares will generate the highest return on investment. By undertsting and applying Mfs Global mutual fund market strength indicators, traders can identify Mfs Global Equity entry and exit signals to maximize returns
Mfs Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Global'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 | 0.001 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.31) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Global Equity. 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 price. Note that the Mfs Global Equity information on this page should be used as a complementary analysis to other Mfs Global'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.