Mfs Government Markets Etf Performance
| MGF Etf | USD 3.09 0.03 0.96% |
The etf secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MFS Government's returns are expected to increase less than the market. However, during the bear market, the loss of holding MFS Government is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days MFS Government Markets has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, MFS Government is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Insider Trading | 09/27/2024 |
2 | Allspring Global Investments Holdings, LLC Adjusts Stake in MFS Government Markets Income Trust | 10/07/2024 |
3 | Karpus Management, Inc. Reduces Stake in MFS Government Markets Income Trust | 11/14/2024 |
MFS |
MFS Government Relative Risk vs. Return Landscape
If you would invest 317.00 in MFS Government Markets on August 31, 2024 and sell it today you would lose (8.00) from holding MFS Government Markets or give up 2.52% of portfolio value over 90 days. MFS Government Markets is generating negative expected returns assuming volatility of 0.5479% on return distribution over 90 days investment horizon. In other words, 4% of etfs are less volatile than MFS, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
MFS Government Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MFS Government's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MFS Government Markets, and traders can use it to determine the average amount a MFS Government's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0713
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| Negative Returns | MGF |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MFS Government 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 Government by adding MFS Government to a well-diversified portfolio.
MFS Government Fundamentals Growth
MFS Etf prices reflect investors' perceptions of the future prospects and financial health of MFS Government, and MFS Government fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MFS Etf performance.
| Return On Equity | -8.31 | ||||
| Return On Asset | 0.82 | ||||
| Operating Margin | 67.49 % | ||||
| Current Valuation | 105.93 M | ||||
| Shares Outstanding | 32.59 M | ||||
| Price To Earning | 9.83 X | ||||
| Price To Book | 0.71 X | ||||
| Price To Sales | 36.89 X | ||||
| Revenue | 2.99 M | ||||
| Cash And Equivalents | 10.22 K | ||||
| Book Value Per Share | 4.75 X | ||||
| Earnings Per Share | 0.34 X | ||||
About MFS Government Performance
By analyzing MFS Government's fundamental ratios, stakeholders can gain valuable insights into MFS Government's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MFS Government has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if MFS Government has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S. government agencies, international sovereigns, U.S. treasuries, cash and other net assets, emerging markets debt, high grade corporates, and residential mortgage backed securities. It benchmarks the performance of its portfolio against the Barclays U.S. GovernmentMortgage Bond Index. MFS Government Markets Income Trust was formed in May 28, 1987 and is domiciled in the United States.| MFS Government generated a negative expected return over the last 90 days | |
| The company has a current ratio of 0.34, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist MFS Government until it has trouble settling it off, either with new capital or with free cash flow. So, MFS Government's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MFS Government Markets sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MFS to invest in growth at high rates of return. When we think about MFS Government's use of debt, we should always consider it together with cash and equity. | |
| MFS Government Markets reported the last year's revenue of 2.99 M. Reported Net Loss for the year was (11.26 M) with profit before taxes, overhead, and interest of 3.65 M. | |
| Latest headline from gurufocus.com: Karpus Management, Inc. Reduces Stake in MFS Government Markets Income Trust | |
| MFS Government Markets generated five year return of 0.0% |
Other Information on Investing in MFS Etf
MFS Government financial ratios help investors to determine whether MFS Etf 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 Government security.