Mfs North Carolina Fund Price on November 4, 2024
| MBNCX Fund | USD 10.72 0.10 0.92% |
Below is the normalized historical share price chart for Mfs North Carolina extending back to March 21, 1995. 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 North stands at 10.72, as last reported on the 20th of December, with the highest price reaching 10.72 and the lowest price hitting 10.72 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. Mfs North Carolina has Sharpe Ratio of -0.13, which conveys that the entity had a -0.13% return per unit of risk over the last 3 months. Mfs North exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs North's Risk Adjusted Performance of (0.12), standard deviation of 0.2928, and Mean Deviation of 0.1955 to check out the risk estimate we provide.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = -0.1303
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| Negative Returns | MBNCX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs North 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 North by adding Mfs North to a well-diversified portfolio.
Mfs North Valuation on November 4, 2024
It is possible to determine the worth of Mfs North on a given historical date. On November 4, 2024 Mfs was worth 10.88 at the beginning of the trading date compared to the closed value of 10.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs North mutual fund. Still, in general, we apply an absolute valuation method to find Mfs North'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 North where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs North's related companies.
| Open | High | Low | Close | Volume | |
| 10.85 | 10.85 | 10.85 | 10.85 | 1.00 | |
11/04/2024 | 10.88 | 10.88 | 10.88 | 10.88 | 1.00 |
| 10.88 | 10.88 | 10.88 | 10.88 | 1.00 |
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Mfs North Trading Date Momentum on November 4, 2024
| On November 05 2024 Mfs North Carolina was traded for 10.88 at the closing time. The highest daily price throughout the period was 10.88 and the lowest price was 10.88 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 did not cause price change. The trading delta at closing time to current closing price is 0.28% . |
Mfs North Carolina Fundamentals Correlations and Trends
By evaluating Mfs North'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 North'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 North Mutual Fund history
Mfs North 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 North Carolina 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 North stock prices may prove useful in developing a viable investing in Mfs North
The fund invests, under normal market conditions, at least 80 percent of its net assets in securities and other investments, the interest on which is exempt from federal income tax and personal income tax, if any, of North Carolina. Interest from the funds investments may be subject to the federal alternative minimum tax. The adviser normally invests the funds assets primarily in municipal instruments.
Mfs North Mutual Fund Technical Analysis
Mfs North technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Mfs North Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Mfs North Carolina cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 North December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs North mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mfs North shares will generate the highest return on investment. By undertsting and applying Mfs North mutual fund market strength indicators, traders can identify Mfs North Carolina entry and exit signals to maximize returns
Mfs North Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs North's price direction in advance. Along with the technical and fundamental analysis of Mfs Mutual Fund 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 | (0.12) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.9612 |
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Other Information on Investing in Mfs Mutual Fund
Mfs North financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs North security.
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