Mfs Multimarket Income Fund Manager Performance Evaluation
| XMMTX Fund | USD 5.00 0.05 1.01% |
The fund secures a Beta (Market Risk) of -0.0818, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mfs Multimarket are expected to decrease at a much lower rate. During the bear market, Mfs Multimarket is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Mfs Multimarket Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Mfs Multimarket is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.1700 |
Mfs |
Mfs Multimarket Relative Risk vs. Return Landscape
If you would invest 502.00 in Mfs Multimarket Income on January 19, 2024 and sell it today you would lose (2.00) from holding Mfs Multimarket Income or give up 0.4% of portfolio value over 90 days. Mfs Multimarket Income is currently producing negative expected returns and takes up 0.3884% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Mfs, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mfs Multimarket Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs Multimarket's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mfs Multimarket Income, and traders can use it to determine the average amount a Mfs Multimarket'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 = -0.0144
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| Negative Returns | XMMTX |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs Multimarket 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 Multimarket by adding Mfs Multimarket to a well-diversified portfolio.
Mfs Multimarket Fundamentals Growth
Mfs Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mfs Multimarket, and Mfs Multimarket 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 Mutual Fund performance.
About Mfs Multimarket Performance
To evaluate Mfs Multimarket Me Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Mfs Multimarket generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Mfs Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Mfs Multimarket Me market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Mfs's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Mfs Multimarket is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Mfs Multimarket Me performance evaluation
Checking the ongoing alerts about Mfs Multimarket for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mfs Multimarket Me help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mfs Multimarket Me generated a negative expected return over the last 90 days |
- Analyzing Mfs Multimarket's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mfs Multimarket's stock is overvalued or undervalued compared to its peers.
- Examining Mfs Multimarket's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mfs Multimarket's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mfs Multimarket's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mfs Multimarket's mutual fund. These opinions can provide insight into Mfs Multimarket's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Mfs Multimarket Income. 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 estimate. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Please note, there is a significant difference between Mfs Multimarket's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mfs Multimarket is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mfs Multimarket'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.