Mfs Mid Cap Fund Price on January 19, 2023
OTCBX Fund | USD 21.91 0.28 1.29% |
Below is the normalized historical share price chart for Mfs Mid Cap extending back to April 22, 1994. 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 Mid stands at 21.91, as last reported on the 22nd of December, with the highest price reaching 21.91 and the lowest price hitting 21.91 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 Mid Cap has Sharpe Ratio of -0.0484, which conveys that the entity had a -0.0484% return per unit of risk over the last 3 months. Mfs Mid exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Mid's Risk Adjusted Performance of (0.04), mean deviation of 0.8543, and Standard Deviation of 1.53 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 = -0.0484
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Estimated Market Risk
1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs Mid 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 Mid by adding Mfs Mid to a well-diversified portfolio.
Mfs Mid Valuation on January 19, 2023
It is possible to determine the worth of Mfs Mid on a given historical date. On January 19, 2023 Mfs was worth 17.88 at the beginning of the trading date compared to the closed value of 17.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Mid mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Mid'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 Mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Mid's related companies.
Open | High | Low | Close | Volume | |
18.07 | 18.07 | 18.07 | 18.07 | 1.00 | |
01/19/2023 | 17.88 | 17.88 | 17.88 | 17.88 | 1.00 |
18.25 | 18.25 | 18.25 | 18.25 | 1.00 |
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Mfs Mid Trading Date Momentum on January 19, 2023
On January 20 2023 Mfs Mid Cap was traded for 18.25 at the closing time. The highest daily price throughout the period was 18.25 and the lowest price was 18.25 . There was no trading activity during the period 1.0. Lack of trading volume on 01/20/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.07% . The trading delta at closing time to current closing price is 2.18% . |
Mfs Mid Cap Fundamentals Correlations and Trends
By evaluating Mfs Mid'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 Mid'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 Mid Mutual Fund history
Mfs Mid 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 Mid Cap 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 Mid stock prices may prove useful in developing a viable investing in Mfs Mid
The fund invests at least 80 percent of the funds net assets in issuers with medium market capitalizations. MFS generally defines medium market capitalization issuers as issuers with market capitalizations similar to those of issuers included in the Russell Midcap Growth Index over the last 13 months at the time of purchase.
Mfs Mid Mutual Fund Technical Analysis
Mfs Mid 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 Mid Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Mfs Mid Cap 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 Mid December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Mid 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 Mid shares will generate the highest return on investment. By undertsting and applying Mfs Mid mutual fund market strength indicators, traders can identify Mfs Mid Cap entry and exit signals to maximize returns
Mfs Mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Mid'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 | (0.04) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.08) |
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Volume Indicators |
Other Information on Investing in Mfs Mutual Fund
Mfs Mid 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 Mid security.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Transaction History View history of all your transactions and understand their impact on performance | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |