Mfs Modity Strategy Fund Price History
MCSAX Fund | USD 3.52 0.02 0.56% |
Below is the normalized historical share price chart for Mfs Modity Strategy extending back to June 02, 2010. 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 Modity stands at 3.52, as last reported on the 17th of December 2024, with the highest price reaching 3.52 and the lowest price hitting 3.52 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mfs Mutual Fund to be not too volatile. Mfs Modity Strategy has Sharpe Ratio of 0.0506, which conveys that the entity had a 0.0506% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mfs Modity, which you can use to evaluate the volatility of the fund. Please verify Mfs Modity's Mean Deviation of 0.5672, downside deviation of 1.03, and Risk Adjusted Performance of 0.0568 to check out if the risk estimate we provide is consistent with the expected return of 0.0395%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.0506
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MCSAX |
Estimated Market Risk
0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mfs Modity is performing at about 3% 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 Modity by adding it to a well-diversified portfolio.
Mfs Modity Mutual Fund Price History Chart
There are several ways to analyze Mfs Modity Strategy Fund price data. The simplest method is using a basic Mfs candlestick price chart, which shows Mfs Modity price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 3, 2024 | 3.62 |
Lowest Price | November 14, 2024 | 3.42 |
Mfs Modity December 17, 2024 Mutual Fund Price Synopsis
Various analyses of Mfs Modity's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mfs Mutual Fund. It can be used to describe the percentage change in the price of Mfs Modity from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mfs Mutual Fund.Mfs Modity Price Rate Of Daily Change | 0.99 | |
Mfs Modity Price Action Indicator | (0.01) |
Mfs Modity December 17, 2024 Mutual Fund Price Analysis
Mfs Mutual Fund Price History Data
The price series of Mfs Modity for the period between Wed, Sep 18, 2024 and Tue, Dec 17, 2024 has a statistical range of 0.23 with a coefficient of variation of 1.44. The daily prices for the period are spread out with arithmetic mean of 3.5. The median price for the last 90 days is 3.5. The company issued dividends to stockholders on December 12, 2019.Open | High | Low | Close | Volume | ||
12/17/2024 | 3.52 | 3.52 | 3.52 | 3.52 | ||
12/13/2024 | 3.52 | 3.52 | 3.52 | 3.52 | 1.00 | |
12/12/2024 | 3.54 | 3.54 | 3.54 | 3.54 | 1.00 | |
12/11/2024 | 3.56 | 3.56 | 3.56 | 3.56 | 1.00 | |
12/10/2024 | 3.53 | 3.53 | 3.53 | 3.53 | 1.00 | |
12/09/2024 | 3.52 | 3.52 | 3.52 | 3.52 | 1.00 | |
12/06/2024 | 3.49 | 3.49 | 3.49 | 3.49 | 1.00 | |
12/05/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
12/04/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
12/03/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
12/02/2024 | 3.46 | 3.46 | 3.46 | 3.46 | 1.00 | |
11/29/2024 | 3.50 | 3.50 | 3.50 | 3.50 | 1.00 | |
11/27/2024 | 3.50 | 3.50 | 3.50 | 3.50 | 1.00 | |
11/26/2024 | 3.51 | 3.51 | 3.51 | 3.51 | 1.00 | |
11/25/2024 | 3.50 | 3.50 | 3.50 | 3.50 | 1.00 | |
11/22/2024 | 3.52 | 3.52 | 3.52 | 3.52 | 1.00 | |
11/21/2024 | 3.51 | 3.51 | 3.51 | 3.51 | 1.00 | |
11/20/2024 | 3.50 | 3.50 | 3.50 | 3.50 | 1.00 | |
11/19/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
11/18/2024 | 3.47 | 3.47 | 3.47 | 3.47 | 1.00 | |
11/15/2024 | 3.42 | 3.42 | 3.42 | 3.42 | 1.00 | |
11/14/2024 | 3.42 | 3.42 | 3.42 | 3.42 | 1.00 | |
11/13/2024 | 3.43 | 3.43 | 3.43 | 3.43 | 1.00 | |
11/12/2024 | 3.43 | 3.43 | 3.43 | 3.43 | 1.00 | |
11/11/2024 | 3.44 | 3.44 | 3.44 | 3.44 | 1.00 | |
11/08/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
11/07/2024 | 3.52 | 3.52 | 3.52 | 3.52 | 1.00 | |
11/06/2024 | 3.47 | 3.47 | 3.47 | 3.47 | 1.00 | |
11/05/2024 | 3.51 | 3.51 | 3.51 | 3.51 | 1.00 | |
11/04/2024 | 3.50 | 3.50 | 3.50 | 3.50 | 1.00 | |
11/01/2024 | 3.47 | 3.47 | 3.47 | 3.47 | 1.00 | |
10/31/2024 | 3.47 | 3.47 | 3.47 | 3.47 | 1.00 | |
10/30/2024 | 3.49 | 3.49 | 3.49 | 3.49 | 1.00 | |
10/29/2024 | 3.47 | 3.47 | 3.47 | 3.47 | 1.00 | |
10/28/2024 | 3.47 | 3.47 | 3.47 | 3.47 | 1.00 | |
10/25/2024 | 3.54 | 3.54 | 3.54 | 3.54 | 1.00 | |
10/24/2024 | 3.52 | 3.52 | 3.52 | 3.52 | 1.00 | |
10/23/2024 | 3.52 | 3.52 | 3.52 | 3.52 | 1.00 | |
10/22/2024 | 3.54 | 3.54 | 3.54 | 3.54 | 1.00 | |
10/21/2024 | 3.49 | 3.49 | 3.49 | 3.49 | 1.00 | |
10/18/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
10/17/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
10/16/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
10/15/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 | |
10/14/2024 | 3.52 | 3.52 | 3.52 | 3.52 | 1.00 | |
10/11/2024 | 3.57 | 3.57 | 3.57 | 3.57 | 1.00 | |
10/10/2024 | 3.56 | 3.56 | 3.56 | 3.56 | 1.00 | |
10/09/2024 | 3.51 | 3.51 | 3.51 | 3.51 | 1.00 | |
10/08/2024 | 3.54 | 3.54 | 3.54 | 3.54 | 1.00 | |
10/07/2024 | 3.62 | 3.62 | 3.62 | 3.62 | 1.00 | |
10/04/2024 | 3.61 | 3.61 | 3.61 | 3.61 | 1.00 | |
10/03/2024 | 3.62 | 3.62 | 3.62 | 3.62 | 1.00 | |
10/02/2024 | 3.59 | 3.59 | 3.59 | 3.59 | 1.00 | |
10/01/2024 | 3.58 | 3.58 | 3.58 | 3.58 | 1.00 | |
09/30/2024 | 3.55 | 3.55 | 3.55 | 3.55 | 1.00 | |
09/27/2024 | 3.55 | 3.55 | 3.55 | 3.55 | 1.00 | |
09/26/2024 | 3.54 | 3.54 | 3.54 | 3.54 | 1.00 | |
09/25/2024 | 3.55 | 3.55 | 3.55 | 3.55 | 1.00 | |
09/24/2024 | 3.56 | 3.56 | 3.56 | 3.56 | 1.00 | |
09/23/2024 | 3.51 | 3.51 | 3.51 | 3.51 | 1.00 | |
09/20/2024 | 3.48 | 3.48 | 3.48 | 3.48 | 1.00 |
About Mfs Modity Mutual Fund history
Mfs Modity 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 Modity Strategy 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 Modity stock prices may prove useful in developing a viable investing in Mfs Modity
The fund seeks to achieve the funds objective by providing exposure to the commodities markets through investing in commodity-linked derivatives rather than investing directly in commodities. Commodities are assets with tangible properties, including oil, natural gas, agricultural products, and industrial and other precious metals.
Mfs Modity Mutual Fund Technical Analysis
Mfs Modity 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.
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Mfs Modity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Modity'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 | 0.0568 | |||
Jensen Alpha | 0.0451 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.7699 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Mfs Mutual Fund
Mfs Modity 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 Modity security.
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