Mfs Global Equity Fund Fundamentals
| MWEGX Fund | USD 39.69 0.37 0.92% |
Mfs Global Equity fundamentals help investors to digest information that contributes to Mfs Global'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 Global'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 Global mutual fund.
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Mfs Global Equity Mutual Fund Price To Book Analysis
Mfs Global's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Mfs Global Price To Book | 2.86 X |
Most of Mfs Global's fundamental indicators, such as Price To Book, 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 Global Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Mfs Global Equity has a Price To Book of 2.86 times. This is much higher than that of the MFS family and significantly higher than that of the World Large-Stock Blend category. The price to book for all United States funds is notably lower than that of the firm.
Mfs Global Equity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mfs Global's current stock value. Our valuation model uses many indicators to compare Mfs Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs Global competition to find correlations between indicators driving Mfs Global's intrinsic value. More Info.Mfs Global Equity is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mfs Global Equity is roughly 6.69 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mfs Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mfs Global's Mutual 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 Global's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Mfs Global
The fund invests 99.24% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.75%) and various exotic instruments (0.01%).Asset allocation divides Mfs Global'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 | 19.13 X | ||||
| Price To Book | 2.86 X | ||||
| Price To Sales | 2.22 X | ||||
| Total Asset | 2.69 B | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 0.40 % | ||||
| One Year Return | 2.71 % | ||||
| Three Year Return | (0.78) % | ||||
| Five Year Return | 5.95 % | ||||
| Ten Year Return | 9.23 % | ||||
| Net Asset | 3.1 B | ||||
| Cash Position Weight | 0.75 % | ||||
| Equity Positions Weight | 99.24 % |
About Mfs Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mfs Global Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mfs Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mfs Global Equity 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.The fund normally invests at least 80 percent of its net assets in equity securities. Equity securities include common stocks and other securities that represent an ownership interest in a company or other issuer. It may invest its assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies , in the stocks of companies the advisor believes are undervalued compared to their perceived worth , or in a combination of growth and value companies.
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 Global 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 Global's short interest history, or implied volatility extrapolated from Mfs Global options trading.
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Try AI Portfolio ArchitectCheck 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.