Mfs E Equity Fund Price on November 12, 2024
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 E Equity has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Mfs E, which you can use to evaluate the volatility of the fund. Please verify Mfs E's Risk Adjusted Performance of 0.1242, downside deviation of 0.6532, and Mean Deviation of 0.5019 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.1727
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MRGAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mfs E 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 E by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Mfs E Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Mfs E Equity 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 E December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs E 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 E shares will generate the highest return on investment. By undertsting and applying Mfs E mutual fund market strength indicators, traders can identify Mfs E Equity entry and exit signals to maximize returns
Mfs E Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs E'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 | 0.1242 | |||
| Jensen Alpha | 0.0495 | |||
| Total Risk Alpha | 0.0369 | |||
| Sortino Ratio | 0.0509 | |||
| Treynor Ratio | 0.1386 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Tools for Mfs Mutual Fund
When running Mfs E's price analysis, check to measure Mfs E'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 E is operating at the current time. Most of Mfs E's value examination focuses on studying past and present price action to predict the probability of Mfs E'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 E's price. Additionally, you may evaluate how the addition of Mfs E to your portfolios can decrease your overall portfolio volatility.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Stocks Directory Find actively traded stocks across global markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |