Mfs Global Financials
| GLNMX Fund | USD 21.91 0.09 0.41% |
Mfs |
Please note that past performance is not an indicator of the future performance of Mfs Global, 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 Global Fund Summary
Mfs Global competes with Smallcap World, HUMANA, Barloworld, Thrivent High, and Morningstar Unconstrained. The fund normally invests its assets primarily in U.S. and foreign equity securities, including emerging market equity securities. Equity securities include common stocks, equity interests in REITs, and other securities that represent an ownership interest in a company or other issuer. MFS normally invests the funds assets across different industries, sectors, countries, and regions, but it may invest a significant percentage of the funds assets in issuers in a single industry, sector, country, or region. MFS uses an active bottom-up investment approach to buying and selling investments for the fund.Specialization | World Small/Mid Stock, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | MFS Series Trust |
| Mutual Fund Family | MFS |
| Mutual Fund Category | World Small/Mid Stock |
| 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 Global's current stock value. Our valuation model uses many indicators to compare Mfs Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs Global competition to find correlations between indicators driving Mfs Global's intrinsic value. More Info.Mfs Global New is one of the top funds in price to earning among similar funds. It is rated # 2 fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mfs Global New is roughly 7.60 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mfs Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mfs Global'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 Global's earnings, one of the primary drivers of an investment's value.Mfs Global New Systematic Risk
Mfs Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mfs Global 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Mfs Global New correlated with the market. If Beta is less than 0 Mfs Global generally moves in the opposite direction as compared to the market. If Mfs Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mfs Global New is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mfs Global is generally in the same direction as the market. If Beta > 1 Mfs Global moves generally in the same direction as, but more than the movement of the benchmark.
Mfs Global April 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mfs Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mfs Global New. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mfs Global New 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 Global's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.4 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.13 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Global New. 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 population. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.