Mfs Growth Fund Quote

MEGBX Fund  USD 132.92  1.11  0.84%   

Performance

17 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 33

 
100  
 
Zero
Below Average
Mfs Growth is trading at 132.92 as of the 19th of March 2024; that is 0.84 percent increase since the beginning of the trading day. The fund's open price was 131.81. Mfs Growth has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Mfs Growth Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
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. The adviser focuses on investing the funds assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies .. More on Mfs Growth Fund

Moving together with Mfs Mutual Fund

  0.93LFTFX Mfs Lifetime 2065PairCorr

Mfs Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mfs Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mfs Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationMFS Funds, Large Growth Funds, Large Growth, MFS, Large Growth, Large Growth (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date30th of March 2023
Fiscal Year EndNovember
Mfs Growth Fund [MEGBX] is traded in USA and was established 19th of March 2024. Mfs Growth is listed under MFS category by Fama And French industry classification. The fund is listed under Large Growth category and is part of MFS family. This fund now has accumulated 39.16 B in assets with no minimum investment requirementsMfs Growth Fund is currently producing year-to-date (YTD) return of 12.83%, while the total return for the last 3 years was 8.22%.
Check Mfs Growth Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mfs Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mfs Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mfs Growth Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Mfs Growth Fund Mutual Fund Constituents

GOOGLAlphabet Class AStockCommunication Services
VVisa Class AStockFinancials
TMOThermo Fisher ScientificStockHealth Care
PYPLPayPal HoldingsStockFinancials
NVDANVIDIAStockInformation Technology
NFLXNetflixStockCommunication Services
MSFTMicrosoftStockInformation Technology
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Mfs Growth Target Price Odds Analysis

Based on a normal probability distribution, the odds of Mfs Growth jumping above the current price in 90 days from now is about 7.92%. The Mfs Growth Fund probability density function shows the probability of Mfs Growth mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Mfs Growth Fund has a beta of -0.1323. This indicates as returns on benchmark increase, returns on holding Mfs Growth are expected to decrease at a much lower rate. During the bear market, however, Mfs Growth Fund is likely to outperform the market. Additionally, the company has an alpha of 0.2557, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 132.92HorizonTargetOdds Above 132.92
91.99%90 days
 132.92 
7.92%
Based on a normal probability distribution, the odds of Mfs Growth to move above the current price in 90 days from now is about 7.92 (This Mfs Growth Fund probability density function shows the probability of Mfs Mutual Fund to fall within a particular range of prices over 90 days) .

Mfs Growth Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mfs Growth market risk premium is the additional return an investor will receive from holding Mfs Growth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mfs Growth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mfs Growth's alpha and beta are two of the key measurements used to evaluate Mfs Growth's performance over the market, the standard measures of volatility play an important role as well.

Mfs Growth Against Markets

Picking the right benchmark for Mfs Growth mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mfs Growth mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mfs Growth is critical whether you are bullish or bearish towards Mfs Growth Fund at a given time. Please also check how Mfs Growth's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mfs Growth without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Mfs Mutual Fund?

Before investing in Mfs Growth, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mfs Growth. To buy Mfs Growth fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mfs Growth. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Mfs Growth fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Mfs Growth Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Mfs Growth Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Mfs Growth Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Mfs Growth Fund?

The danger of trading Mfs Growth Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mfs Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mfs Growth. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mfs Growth Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Growth 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 bureau of labor statistics.
Note that the Mfs Growth Fund information on this page should be used as a complementary analysis to other Mfs Growth'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Mfs Growth's price analysis, check to measure Mfs Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mfs Growth is operating at the current time. Most of Mfs Growth's value examination focuses on studying past and present price action to predict the probability of Mfs Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mfs Growth's price. Additionally, you may evaluate how the addition of Mfs Growth to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mfs Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mfs Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mfs Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.