Mfs High Financials

MHIKX Fund  USD 3.08  0.02  0.65%   
Please make use of analysis of Mfs High Income fundamentals to determine if markets are correctly pricing the entity. We were able to collect data for fourteen available fundamentals for Mfs High, which can be compared to its peers in the industry. The fund experiences a moderate downward daily trend and can be a good diversifier. Check odds of Mfs High to be traded at $3.02 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Mfs High Fund Summary

Mfs High competes with Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, and Mfs Prudent. The fund normally invests at least 80 percent of the funds net assets in high income debt instruments. It may invest the funds assets in other types of debt instruments. Debt instruments include corporate bonds, foreign government securities, floating rate loans, and other obligations to repay money borrowed.
Specialization
High Yield Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS5529846843
Business AddressMFS Series Trust
Mutual Fund FamilyMFS
Mutual Fund CategoryHigh Yield Bond
BenchmarkDow Jones Industrial
Phone800 225 2606
CurrencyUSD - US Dollar

Mfs High Key Financial Ratios

Mfs Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mfs High's current stock value. Our valuation model uses many indicators to compare Mfs High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs High competition to find correlations between indicators driving Mfs High's intrinsic value. More Info.
Mfs High Income is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about  107.39  of Year To Date Return per Annual Yield. 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 High's earnings, one of the primary drivers of an investment's value.

Mfs High Income Systematic Risk

Mfs High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mfs High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Mfs High Income correlated with the market. If Beta is less than 0 Mfs High generally moves in the opposite direction as compared to the market. If Mfs High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mfs High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mfs High is generally in the same direction as the market. If Beta > 1 Mfs High moves generally in the same direction as, but more than the movement of the benchmark.
Mfs High Income is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 1.74 Billion. Mfs High totals roughly 1.54 Billion in net asset claiming about 88% of all funds under High Yield Bond category.

Mfs High December 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mfs High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mfs High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mfs High Income based on widely used predictive technical indicators. In general, we focus on analyzing Mfs Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mfs High's daily price indicators and compare them against related drivers.

Other Information on Investing in Mfs Mutual Fund

Mfs High financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs High security.
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