Mfs High Yield Stock Price on May 18, 2023

If you're considering investing in MFS Stock, it is important to understand the factors that can impact its price. MFS High Yield has Sharpe Ratio of -0.0964, which conveys that the firm had a -0.0964% return per unit of standard deviation over the last 3 months. MFS High exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
  
MFS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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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.

MFS High Valuation on May 18, 2023

It is possible to determine the worth of MFS High on a given historical date. On May 18, 2023 MFS was worth 2.96 at the beginning of the trading date compared to the closed value of 2.97. 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
  2.98    2.99    2.95    2.97    137,524  
05/18/2023
  2.96    2.98    2.96    2.97    28,561  
  2.96    2.96    2.95    2.95    55,848  
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Open Value
2.96
2.97
Closing Value
4.70
Upside

MFS High Trading Date Momentum on May 18, 2023

On May 19 2023 MFS High Yield was traded for  2.95  at the closing time. Highest MFS High's price during the trading hours was 2.96  and the lowest price during the day was  2.95 . The net volume was 55.8 K. The overall trading history on the 19th of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.67% . The trading delta at closing time to current price is 2.02% .

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
MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States. Colonial Muni is traded on New York Stock Exchange in the United States.

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.
A focus of MFS High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MFS High trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MFS High Period Price Range

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December 30, 2024
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MFS High Yield 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 December 30, 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

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.

Additional 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.