Mfs High Income Stock Price on October 3, 2024
| CXE Stock | USD 3.78 0.02 0.53% |
Below is the normalized historical share price chart for MFS High Income extending back to February 17, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MFS High stands at 3.78, as last reported on the 19th of November, with the highest price reaching 3.80 and the lowest price hitting 3.76 during the day.
If you're considering investing in MFS Stock, it is important to understand the factors that can impact its price. At this point, MFS High is not too volatile. MFS High Income has Sharpe Ratio of 0.0033, which conveys that the firm had a 0.0033% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for MFS High, which you can use to evaluate the volatility of the firm. Please verify MFS High's Mean Deviation of 0.5109, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.20) to check out if the risk estimate we provide is consistent with the expected return of 0.0022%.
At present, MFS High's Liabilities And Stockholders Equity is projected to decrease significantly based on the last few years of reporting. . At present, MFS High's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 16.58, whereas Price Earnings To Growth Ratio is forecasted to decline to (0.49). MFS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of June 1989 | 200 Day MA 3.7151 | 50 Day MA 3.8984 | Beta 0.659 |
MFS |
Sharpe Ratio = 0.0033
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CXE |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MFS High 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 High by adding MFS High to a well-diversified portfolio.
Price Book 0.9292 | Price Sales 11.8785 | Dividend Share 0.161 | Earnings Share 0.18 | Shares Short 26.4 K |
MFS High Valuation on October 3, 2024
It is possible to determine the worth of MFS High on a given historical date. On October 3, 2024 MFS was worth 3.95 at the beginning of the trading date compared to the closed value of 3.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MFS High stock. Still, in general, we apply an absolute valuation method to find MFS High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MFS High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MFS High's related companies.
| Open | High | Low | Close | Volume | |
| 3.93 | 3.98 | 3.92 | 3.95 | 253,600 | |
10/03/2024 | 3.95 | 3.97 | 3.94 | 3.94 | 23,900 |
| 3.93 | 3.93 | 3.89 | 3.89 | 125,300 |
| Backtest MFS High | | | MFS High History | | | MFS High Valuation | Previous | Next |
MFS High Trading Date Momentum on October 3, 2024
| On October 04 2024 MFS High Income was traded for 3.89 at the closing time. Highest MFS High's price during the trading hours was 3.93 and the lowest price during the day was 3.89 . The net volume was 125.3 K. The overall trading history on the 4th of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.27% . The trading delta at closing time to current price is 1.02% . |
MFS High Income Fundamentals Correlations and Trends
By evaluating MFS High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MFS High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MFS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MFS High Stock history
MFS High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MFS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MFS High Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MFS High stock prices may prove useful in developing a viable investing in MFS High
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28.4 M | 24.8 M | |
| Net Loss | -30.8 M | -29.3 M |
MFS High Stock Technical Analysis
MFS High technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
MFS High Period Price Range
Low | November 19, 2024
| High |
0.00 | 0.00 |
MFS High Income cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
MFS High November 19, 2024 Market Strength
Market strength indicators help investors to evaluate how MFS High stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MFS High shares will generate the highest return on investment. By undertsting and applying MFS High stock market strength indicators, traders can identify MFS High Income entry and exit signals to maximize returns
MFS High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MFS High's price direction in advance. Along with the technical and fundamental analysis of MFS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MFS to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.21) |
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Complementary Tools for MFS Stock analysis
When running MFS High's price analysis, check to measure MFS High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS High is operating at the current time. Most of MFS High's value examination focuses on studying past and present price action to predict the probability of MFS High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS High's price. Additionally, you may evaluate how the addition of MFS High to your portfolios can decrease your overall portfolio volatility.
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