Mfs Diversified Income Fund Net Asset
| DIFCX Fund | USD 11.68 0.02 0.17% |
Mfs Diversified Income fundamentals help investors to digest information that contributes to Mfs Diversified's financial success or failures. It also enables traders to predict the movement of Mfs Mutual Fund. The fundamental analysis module provides a way to measure Mfs Diversified'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 Diversified mutual fund.
Mfs |
Mfs Diversified Income Mutual Fund Net Asset Analysis
Mfs Diversified's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Mfs Diversified Net Asset | 2.47 B |
Most of Mfs Diversified's fundamental indicators, such as Net Asset, 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 Diversified Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Mfs Diversified Income has a Net Asset of 2.47 B. This is much higher than that of the MFS family and significantly higher than that of the Allocation--30% to 50% Equity category. The net asset for all United States funds is notably lower than that of the firm.
Mfs Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mfs Diversified's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mfs Diversified could also be used in its relative valuation, which is a method of valuing Mfs Diversified by comparing valuation metrics of similar companies.Mfs Diversified is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Mfs Diversified
The fund invests 29.93% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (20.03%) , cash (5.11%) and various exotic instruments.Asset allocation divides Mfs Diversified's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Mfs Fundamentals
| Price To Earning | 18.01 X | |||
| Price To Book | 1.95 X | |||
| Price To Sales | 1.58 X | |||
| Total Asset | 190.23 M | |||
| Annual Yield | 0.03 % | |||
| Year To Date Return | 0.79 % | |||
| One Year Return | 3.99 % | |||
| Three Year Return | (0.92) % | |||
| Five Year Return | 1.81 % | |||
| Ten Year Return | 5.66 % | |||
| Net Asset | 2.47 B | |||
| Last Dividend Paid | 0.02 | |||
| Cash Position Weight | 5.11 % | |||
| Equity Positions Weight | 29.93 % | |||
| Bond Positions Weight | 20.03 % |
About Mfs Diversified Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mfs Diversified Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mfs Diversified using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mfs Diversified Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mfs Diversified in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mfs Diversified's short interest history, or implied volatility extrapolated from Mfs Diversified options trading.
Pair Trading with Mfs Diversified
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 Diversified 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 Diversified will appreciate offsetting losses from the drop in the long position's value.Moving together with Mfs Mutual Fund
| 0.88 | VWINX | Vanguard Wellesley | PairCorr |
| 0.88 | VWIAX | Vanguard Wellesley | PairCorr |
| 0.87 | BKMIX | Blackrock Multi Asset | PairCorr |
| 0.87 | HBLTX | Hartford Balanced | PairCorr |
| 0.87 | HBLRX | Hartford Balanced | PairCorr |
Moving against Mfs Mutual Fund
| 0.53 | XPPRX | Voya Prime Rate | PairCorr |
The ability to find closely correlated positions to Mfs Diversified 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 Diversified 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 Diversified - 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 Diversified Income to buy it.
The correlation of Mfs Diversified 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 Diversified moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mfs Diversified Me 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 Diversified 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Mfs Diversified Income. 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 main economic indicators. Note that the Mfs Diversified Me information on this page should be used as a complementary analysis to other Mfs Diversified'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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.