Mfs High Yield Stock Price on May 21, 2024
| CMU Stock | USD 3.28 0.01 0.31% |
Below is the normalized historical share price chart for MFS High Yield extending back to March 19, 1987. 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 3.28, as last reported on the 3rd of June, with the highest price reaching 3.29 and the lowest price hitting 3.26 during the day.
If you're considering investing in MFS Stock, it is important to understand the factors that can impact its price. We consider MFS High not too volatile. MFS High Yield has Sharpe Ratio of 0.0236, which conveys that the firm had a 0.0236% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for MFS High, which you can use to evaluate the volatility of the firm. Please verify MFS High's Mean Deviation of 0.3346, market risk adjusted performance of 0.0547, and Risk Adjusted Performance of 0.0297 to check out if the risk estimate we provide is consistent with the expected return of 0.0107%.
At this time, MFS High's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 21.7 M in 2024, whereas Capital Stock is likely to drop slightly above 99.1 M in 2024. . At this time, MFS High's Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 0.98 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.51) in 2024. MFS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of March 1987 | 200 Day MA 3.2185 | 50 Day MA 3.285 | Beta 0.558 |
MFS |
Sharpe Ratio = 0.0236
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CMU |
Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average MFS High is performing at about 1% of its full potential. 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 it to a well-diversified portfolio.
Price Book 0.8939 | Book Value 3.648 | Enterprise Value 152.1 M | Price Sales 10.0736 | Shares Outstanding 25.5 M |
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MFS High Valuation on May 21, 2024
It is possible to determine the worth of MFS High on a given historical date. On May 21, 2024 MFS was worth 3.32 at the beginning of the trading date compared to the closed value of 3.31. 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 | |
| 3.33 | 3.33 | 3.29 | 3.32 | 106,600 | |
05/21/2024 | 3.32 | 3.32 | 3.31 | 3.31 | 25,800 |
| 3.31 | 3.31 | 3.29 | 3.31 | 104,106 |
| Backtest MFS High | | | MFS High History | | | MFS High Valuation | Previous | Next |
MFS High Trading Date Momentum on May 21, 2024
| On May 22 2024 MFS High Yield was traded for 3.31 at the closing time. Highest MFS High's price during the trading hours was 3.31 and the lowest price during the day was 3.29 . The net volume was 104.1 K. The overall trading history on the 22nd of May did not cause price change. The trading delta at closing time to current price is 0.91% . |
MFS High Yield 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 Yield 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 | 16.3 M | 21.7 M | |
| Net Loss | -25 M | -23.7 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 | May 21, 2024
| High |
3.32 | 3.31 |
MFS High June 3, 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 Yield entry and exit signals to maximize returns
| Accumulation Distribution | 77.71 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.32 | |||
| Day Typical Price | 3.31 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
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 | 0.0297 | |||
| Jensen Alpha | 0.003 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0447 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MFS High Yield. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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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Is MFS High's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS High. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS High listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Dividend Share 0.136 | Earnings Share 0.07 | Revenue Per Share 0.324 | Quarterly Revenue Growth 0.036 |
The market value of MFS High Yield is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS High's value that differs from its market value or its book value, called intrinsic value, which is MFS High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS High's market value can be influenced by many factors that don't directly affect MFS High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS High's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.