Mfs Technology Financials
We recommend to make use of Mfs Technology Fund fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Mfs Technology as well as the relationship between them. We have analyze and collected data for fourteen available fundamentals for Mfs Technology, which can be compared to its peers in the industry.
Mfs |
Please note that past performance is not an indicator of the future performance of Mfs Technology, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Mfs Technology Fund Summary
Mfs Technology competes with Sarofim Equity, Ab Equity, Us Vector, Sprucegrove International, and Us Strategic. The fund normally invests at least 80 percent of the funds net assets in securities of issuers principally engaged in offering, using or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. MFS Technology is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | MFS Series Trust |
| Mutual Fund Family | MFS |
| Mutual Fund Category | Technology |
| Benchmark | NYSE Composite |
| Phone | 800 225 2606 |
| Currency | USD - US Dollar |
Mfs Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mfs Technology's current stock value. Our valuation model uses many indicators to compare Mfs Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs Technology competition to find correlations between indicators driving Mfs Technology's intrinsic value. More Info.Mfs Technology Fund is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 2.50 of Price To Book per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mfs Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mfs Technology's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mfs Technology's earnings, one of the primary drivers of an investment's value.Mfs Technology Systematic Risk
Mfs Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mfs Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Mfs Technology correlated with the market. If Beta is less than 0 Mfs Technology generally moves in the opposite direction as compared to the market. If Mfs Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mfs Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mfs Technology is generally in the same direction as the market. If Beta > 1 Mfs Technology moves generally in the same direction as, but more than the movement of the benchmark.
Mfs Technology April 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mfs Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mfs Technology Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mfs Technology Fund based on widely used predictive technical indicators. In general, we focus on analyzing Mfs Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mfs Technology's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.25 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.87 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.31 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Technology Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Mfs Technology information on this page should be used as a complementary analysis to other Mfs Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.