Mfs Growth Fund Price on November 25, 2024
| MEGBX Fund | USD 156.60 0.64 0.41% |
Below is the normalized historical share price chart for Mfs Growth Fund extending back to July 28, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mfs Growth stands at 156.60, as last reported on the 14th of December 2024, with the highest price reaching 156.60 and the lowest price hitting 156.60 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mfs Mutual Fund to be very steady. Mfs Growth Fund has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mfs Growth, which you can use to evaluate the volatility of the fund. Please verify Mfs Growth's Mean Deviation of 0.6146, risk adjusted performance of 0.1359, and Downside Deviation of 0.9701 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.1768
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mfs Growth is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mfs Growth by adding it to a well-diversified portfolio.
Mfs Growth Valuation on November 25, 2024
It is possible to determine the worth of Mfs Growth on a given historical date. On November 25, 2024 Mfs was worth 150.59 at the beginning of the trading date compared to the closed value of 150.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Growth mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Growth's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mfs Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Growth's related companies.
| Open | High | Low | Close | Volume | |
| 150.71 | 150.71 | 150.71 | 150.71 | 1.00 | |
11/25/2024 | 150.59 | 150.59 | 150.59 | 150.59 | 1.00 |
| 152.11 | 152.11 | 152.11 | 152.11 | 1.00 |
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Mfs Growth Trading Date Momentum on November 25, 2024
| On November 26 2024 Mfs Growth Fund was traded for 152.11 at the closing time. The highest daily price throughout the period was 152.11 and the lowest price was 152.11 . There was no trading activity during the period 1.0. Lack of trading volume on 11/26/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 1.01% . The trading delta at closing time to current closing price is 3.58% . |
Mfs Growth Fund Fundamentals Correlations and Trends
By evaluating Mfs Growth's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mfs Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mfs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mfs Growth Mutual Fund history
Mfs Growth investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mfs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mfs Growth Fund will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mfs Growth stock prices may prove useful in developing a viable investing in Mfs Growth
The fund normally invests the funds assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest in a company or other issuer. The adviser focuses on investing the funds assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies .
Mfs Growth Mutual Fund Technical Analysis
Mfs Growth technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Mfs Growth Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Mfs Growth Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Mfs Growth December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Growth mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mfs Growth shares will generate the highest return on investment. By undertsting and applying Mfs Growth mutual fund market strength indicators, traders can identify Mfs Growth Fund entry and exit signals to maximize returns
Mfs Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Growth's price direction in advance. Along with the technical and fundamental analysis of Mfs Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mfs to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1359 | |||
| Jensen Alpha | 0.0855 | |||
| Total Risk Alpha | 0.0434 | |||
| Sortino Ratio | 0.0645 | |||
| Treynor Ratio | 0.2046 |
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Other Information on Investing in Mfs Mutual Fund
Mfs Growth 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 Growth security.
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