Mfs Income Fund Price on January 3, 2025
| MFIWX Fund | USD 5.82 0.01 0.17% |
Below is the normalized historical share price chart for Mfs Income Fund extending back to March 02, 2018. 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 Income stands at 5.82, as last reported on the 9th of January, with the highest price reaching 5.82 and the lowest price hitting 5.82 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. Mfs Income Fund has Sharpe Ratio of -0.1, which conveys that the entity had a -0.1% return per unit of risk over the last 3 months. Mfs Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Income's Mean Deviation of 0.2279, risk adjusted performance of (0.11), and Standard Deviation of 0.3144 to check out the risk estimate we provide.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = -0.1003
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Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs Income is not performing at its full potential. However, 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 Income by adding Mfs Income to a well-diversified portfolio.
Mfs Income Valuation on January 3, 2025
It is possible to determine the worth of Mfs Income on a given historical date. On January 3, 2025 Mfs was worth 5.84 at the beginning of the trading date compared to the closed value of 5.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Income mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Income'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 Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Income's related companies.
| Open | High | Low | Close | Volume | |
| 5.85 | 5.85 | 5.85 | 5.85 | 1.00 | |
01/03/2025 | 5.84 | 5.84 | 5.84 | 5.84 | 1.00 |
| 5.84 | 5.84 | 5.84 | 5.84 | 1.00 |
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Mfs Income Trading Date Momentum on January 3, 2025
| On January 06 2025 Mfs Income Fund was traded for 5.84 at the closing time. The highest daily price throughout the period was 5.84 and the lowest price was 5.84 . There was no trading activity during the period 1.0. Lack of trading volume on 01/06/2025 did not cause price change. The trading delta at closing time to current closing price is 0.34% . |
Mfs Income Fund Fundamentals Correlations and Trends
By evaluating Mfs Income'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 Income'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 Income Mutual Fund history
Mfs Income 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 Income 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 Income stock prices may prove useful in developing a viable investing in Mfs Income
MFS normally invests the funds assets primarily in a broad range of debt instruments issued by U.S. and foreign corporate, government, and other entities, including below investment grade quality debt instruments and debt instruments of issuers located in emerging market countries. MFS focuses on investing the funds assets in corporate bonds, mortgage-backed securities and other securitized instruments, U.S. government securities, and debt instruments of issuers located in emerging market countries.
Mfs Income Mutual Fund Technical Analysis
Mfs Income 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 Income Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Mfs Income 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 Income January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Mfs Income 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 Income shares will generate the highest return on investment. By undertsting and applying Mfs Income mutual fund market strength indicators, traders can identify Mfs Income Fund entry and exit signals to maximize returns
Mfs Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Income'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 | (0.11) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (2.83) |
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Other Information on Investing in Mfs Mutual Fund
Mfs Income 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 Income security.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
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| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |