MFS High Stock Forecast - Daily Balance Of Power

CMU Stock  USD 3.48  0.02  0.57%   
MFS Stock Forecast is based on your current time horizon.
  
Receivables Turnover is likely to gain to 4.00 in 2024, whereas Inventory Turnover is likely to drop (18.76) in 2024. . Common Stock Shares Outstanding is likely to drop to about 22.3 M in 2024. Net Loss is likely to gain to about (23.7 M) in 2024.
On May 8, 2023 MFS High Yield had Daily Balance Of Power of 0.75. Balance of Power indicator (or BOP) measures the strength of MFS High Yield market sensitivity to bulls and bears. It estimates the ability of MFS High buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring MFS High Balance of Power indicator one can determine a trend of the price direction.
Check MFS High VolatilityBacktest MFS HighTrend Details  

MFS High Trading Date Momentum

On May 09 2023 MFS High Yield was traded for  2.94  at the closing time. Highest MFS High's price during the trading hours was 2.96  and the lowest price during the day was  2.93 . The net volume was 129.3 K. The overall trading history on the 9th of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.68% . The trading delta at closing time to current price is 0.68% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare MFS High to competition

Other Forecasting Options for MFS High

For every potential investor in MFS, whether a beginner or expert, MFS High's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MFS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MFS. Basic forecasting techniques help filter out the noise by identifying MFS High's price trends.

MFS High Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MFS High stock to make a market-neutral strategy. Peer analysis of MFS High could also be used in its relative valuation, which is a method of valuing MFS High by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

MFS High Yield Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of MFS High's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of MFS High's current price.

MFS High Market Strength Events

Market strength indicators help investors to evaluate how MFS High stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MFS High shares will generate the highest return on investment. By undertsting and applying MFS High stock market strength indicators, traders can identify MFS High Yield entry and exit signals to maximize returns.

MFS High Risk Indicators

The analysis of MFS High's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in MFS High's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mfs stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for MFS Stock Analysis

When running MFS High's price analysis, check to measure MFS High'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 High is operating at the current time. Most of MFS High's value examination focuses on studying past and present price action to predict the probability of MFS High'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 High's price. Additionally, you may evaluate how the addition of MFS High to your portfolios can decrease your overall portfolio volatility.