Mfs Intermediate High Fund Fundamentals
| CIF Fund | USD 1.65 0.02 1.20% |
Mfs Intermediate High fundamentals help investors to digest information that contributes to Mfs Intermediate's financial success or failures. It also enables traders to predict the movement of Mfs Fund. The fundamental analysis module provides a way to measure Mfs Intermediate's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mfs Intermediate fund.
Mfs |
Mfs Intermediate High Fund Beta Analysis
Mfs Intermediate's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Mfs Intermediate Beta | 0.77 |
Most of Mfs Intermediate's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mfs Intermediate High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Mfs Intermediate High has a Beta of 0.77. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
Mfs Intermediate High Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mfs Intermediate's current stock value. Our valuation model uses many indicators to compare Mfs Intermediate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs Intermediate competition to find correlations between indicators driving Mfs Intermediate's intrinsic value. More Info.Mfs Intermediate High is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mfs Intermediate High is roughly 19.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mfs Intermediate by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mfs Intermediate's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mfs Intermediate's earnings, one of the primary drivers of an investment's value.Mfs Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mfs Intermediate's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Mfs Intermediate could also be used in its relative valuation, which is a method of valuing Mfs Intermediate by comparing valuation metrics of similar companies.Mfs Intermediate is currently under evaluation in beta among similar funds.
As returns on the market increase, Mfs Intermediate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mfs Intermediate is expected to be smaller as well.
Mfs Fundamentals
| Return On Equity | -8.79 | ||||
| Return On Asset | 2.54 | ||||
| Profit Margin | (122.07) % | ||||
| Operating Margin | 80.78 % | ||||
| Current Valuation | 51.05 M | ||||
| Shares Outstanding | 19.32 M | ||||
| Shares Owned By Institutions | 8.63 % | ||||
| Number Of Shares Shorted | 146.72 K | ||||
| Price To Earning | 14.37 X | ||||
| Price To Book | 0.73 X | ||||
| Price To Sales | 11.27 X | ||||
| Revenue | 3.1 M | ||||
| Gross Profit | 3.26 M | ||||
| Net Income | (3.79 M) | ||||
| Cash And Equivalents | 2.51 K | ||||
| Total Debt | 17.5 M | ||||
| Debt To Equity | 0.45 % | ||||
| Current Ratio | 0.06 X | ||||
| Book Value Per Share | 2.47 X | ||||
| Cash Flow From Operations | 5.1 M | ||||
| Short Ratio | 3.44 X | ||||
| Earnings Per Share | 0.13 X | ||||
| Number Of Employees | 31 | ||||
| Beta | 0.77 | ||||
| Market Capitalization | 45.56 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 0.24 % | ||||
| One Year Return | 8.74 % | ||||
| Three Year Return | (0.12) % | ||||
| Five Year Return | 2.74 % | ||||
| Last Dividend Paid | 0.17 |
About Mfs Intermediate Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mfs Intermediate High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mfs Intermediate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mfs Intermediate High based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.MFS Intermediate High Income Fund is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. MFS Intermediate High Income Fund was founded in July 21, 1988 and is domiciled in United States. Colonial Intermediate is traded on New York Stock Exchange in the United States.
Pair Trading with Mfs Intermediate
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mfs Intermediate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mfs Intermediate will appreciate offsetting losses from the drop in the long position's value.Moving together with Mfs Fund
| 0.65 | KF | Korea Closed | PairCorr |
The ability to find closely correlated positions to Mfs Intermediate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mfs Intermediate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mfs Intermediate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mfs Intermediate High to buy it.
The correlation of Mfs Intermediate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mfs Intermediate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mfs Intermediate High moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mfs Intermediate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mfs Intermediate High. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.