Private Trust Co. NA Grows Stock Holdings in iShares iBoxx High Yield Corporate Bond ETF
| MHIKX Fund | USD 3.08 0.00 0.00% |
Slightly above 62% of Mfs High's investor base is looking to short. The analysis of overall sentiment of trading Mfs High Income mutual fund suggests that many investors are alarmed at this time. Mfs High's investing sentiment can be driven by a variety of factors including economic data, Mfs High's earnings reports, geopolitical events, and overall market trends.
Mfs |
Private Trust Co. NA raised its stake in shares of iShares iBoxx High Yield Corporate Bond ETF by 16.4 percent in the 3rd quarter, according to the company in its most recent filing with the Securities Exchange Commission. The fund owned 5,503 shares of the exchange traded funds stock after
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Mfs High Fundamental Analysis
We analyze Mfs High'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 based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Mfs High is currently under evaluation in probability of bankruptcy among similar funds. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Mfs High Income Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mfs High mutual fund to make a market-neutral strategy. 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 with similar companies.
Peers
Mfs High Related Equities
| VHCOX | Vanguard Capital | 0.28 |
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| RGACX | Growth Fund | 0.66 |
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| TEGAX | Mid Cap | 0.99 |
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| LGLSX | L Abbett | 1.10 |
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| GSWPX | Goldman Sachs | 1.16 |
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| ARTSX | Artisan Small | 1.48 |
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| SCGCX | Qs Moderate | 5.21 |
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Other Information on Investing in Mfs Mutual Fund
Mfs High 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 High security.
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