MFS Government Price To Earning vs. Annual Yield
| MGF Etf | USD 3.09 0.03 0.96% |
For MFS Government profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MFS Government to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MFS Government Markets utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MFS Government's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MFS Government Markets over time as well as its relative position and ranking within its peers.
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The market value of MFS Government Markets 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 Government's value that differs from its market value or its book value, called intrinsic value, which is MFS Government'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 Government's market value can be influenced by many factors that don't directly affect MFS Government'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 Government's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Government is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Government'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.
MFS Government Markets Annual Yield vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MFS Government's current stock value. Our valuation model uses many indicators to compare MFS Government value to that of its competitors to determine the firm's financial worth. MFS Government Markets is rated below average in price to earning as compared to similar ETFs. It is regarded third largest ETF in annual yield as compared to similar ETFs . The ratio of Price To Earning to Annual Yield for MFS Government Markets is about 1,003 . Comparative valuation analysis is a catch-all technique that is used if you cannot value MFS Government by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MFS Annual Yield vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
MFS Government |
| = | 9.83 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
MFS Government |
| = | 0.01 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
MFS Annual Yield Comparison
MFS Government is currently under evaluation in annual yield as compared to similar ETFs.
MFS Government Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MFS Government, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MFS Government will eventually generate negative long term returns. The profitability progress is the general direction of MFS Government's change in net profit over the period of time. It can combine multiple indicators of MFS Government, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S. government agencies, international sovereigns, U.S. treasuries, cash and other net assets, emerging markets debt, high grade corporates, and residential mortgage backed securities. It benchmarks the performance of its portfolio against the Barclays U.S. GovernmentMortgage Bond Index. MFS Government Markets Income Trust was formed in May 28, 1987 and is domiciled in the United States.
MFS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MFS Government. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MFS Government position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MFS Government's important profitability drivers and their relationship over time.
Use MFS Government in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MFS Government position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MFS Government will appreciate offsetting losses from the drop in the long position's value.MFS Government Pair Trading
MFS Government Markets Pair Trading Analysis
The ability to find closely correlated positions to MFS Government could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS Government when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MFS Government - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MFS Government Markets to buy it.
The correlation of MFS Government is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MFS Government moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Government Markets moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MFS Government can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MFS Government position
In addition to having MFS Government in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 constituents at this time.
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Other Information on Investing in MFS Etf
To fully project MFS Government's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MFS Government Markets at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MFS Government's income statement, its balance sheet, and the statement of cash flows.