Mfs High Income Stock Beta
| CXE Stock | USD 3.82 0.03 0.79% |
MFS High Income fundamentals help investors to digest information that contributes to MFS High's financial success or failures. It also enables traders to predict the movement of MFS Stock. The fundamental analysis module provides a way to measure MFS High's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MFS High stock.
MFS | Beta |
MFS High Income Company Beta Analysis
MFS High's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current MFS High Beta | 0.66 |
Most of MFS High's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MFS High Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MFS Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for MFS High is extremely important. It helps to project a fair market value of MFS Stock properly, considering its historical fundamentals such as Beta. Since MFS High's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MFS High's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MFS High's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, MFS High Income has a Beta of 0.659. This is 19.63% lower than that of the Capital Markets sector and 45.98% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
MFS Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MFS High's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. 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 of similar companies.MFS High is currently under evaluation in beta category among its peers.
As returns on the market increase, MFS High's returns are expected to increase less than the market. However, during the bear market, the loss of holding MFS High is expected to be smaller as well.
MFS Fundamentals
| Return On Equity | 0.0451 | |||
| Return On Asset | 0.0249 | |||
| Profit Margin | 0.57 % | |||
| Operating Margin | 0.85 % | |||
| Current Valuation | 181.95 M | |||
| Shares Outstanding | 31.53 M | |||
| Shares Owned By Institutions | 40.35 % | |||
| Number Of Shares Shorted | 15 K | |||
| Price To Earning | 142.00 X | |||
| Price To Book | 0.93 X | |||
| Price To Sales | 11.94 X | |||
| Revenue | 2.45 M | |||
| Gross Profit | 9.68 M | |||
| EBITDA | 2.45 M | |||
| Net Income | 2.45 M | |||
| Cash And Equivalents | 7.42 K | |||
| Total Debt | 81.46 M | |||
| Debt To Equity | 0.68 % | |||
| Current Ratio | 2.02 X | |||
| Book Value Per Share | 4.09 X | |||
| Cash Flow From Operations | 10 M | |||
| Short Ratio | 0.17 X | |||
| Earnings Per Share | 0.18 X | |||
| Beta | 0.66 | |||
| Market Capitalization | 120.43 M | |||
| Total Asset | 210.33 M | |||
| Retained Earnings | (27.64 M) | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 5.31 % | |||
| Net Asset | 210.33 M | |||
| Last Dividend Paid | 0.16 |
About MFS High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MFS High Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MFS High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MFS High Income based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.When determining whether MFS High Income is a strong investment it is important to analyze MFS High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MFS High's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:Check out MFS High Piotroski F Score and MFS High Altman Z Score analysis. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS High. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS High listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.694 | Dividend Share 0.161 | Earnings Share 0.18 | Revenue Per Share 0.32 | Quarterly Revenue Growth (0.03) |
The market value of MFS High Income is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS High's value that differs from its market value or its book value, called intrinsic value, which is MFS High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS High's market value can be influenced by many factors that don't directly affect MFS High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS High's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.