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EQNAX MFS Equity Income A Forecast, Technical & Fundamental Analysis

The investment seeks total return through a combination of current income and capital appreciation... Show more

Category: #Large Value
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Microsoft Corp (NASDAQ:MSFT), JPMorgan Chase & Co (NYSE:JPM), Lam Research Corp (NASDAQ:LRCX), Home Depot (NYSE:HD), Wells Fargo & Co (NYSE:WFC), McKesson Corp (NYSE:MCK), Cigna Group (The) (NYSE:CI), Target Corp (NYSE:TGT).

Industry description

The investment seeks total return through a combination of current income and capital appreciation. The fund normally invests at least 80% of its net assets in equity securities. It invests the majority of its assets in dividend-paying common stocks, but may invest in other types of income-producing securities, including convertible securities, preferred stocks, and equity interests in REITs, and may also invest in non-income-producing equity securities. The fund may invest its assets in foreign securities.

Market Cap

The average market capitalization across the MFS Equity Income A MF is 1.35T. The market cap for tickers in the group ranges from 60.91B to 4.32T. AAPL holds the highest valuation in this group at 4.32T. The lowest valued company is TGT at 60.91B.

Volume

The average weekly volume growth across all stocks in the MFS Equity Income A MF was 19%. For the same stocks of the MF, the average monthly volume growth was 42% and the average quarterly volume growth was 225%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 48
Price Growth Rating: 42
SMR Rating: 29
Profit Risk Rating: 40
Seasonality Score: 26 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LargeValue

Profile
Details
Category
Large Value
Address
MFS Series Trust VII111 Huntington Avenue, 24th FloorBoston
Phone
1-800-637-2929
Web
http://www.mfs.com
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EQNAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, EQNAX has been closely correlated with RMFEX. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if EQNAX jumps, then RMFEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EQNAX
1D Price
Change %
EQNAX100%
N/A
RMFEX - EQNAX
91%
Closely correlated
-0.14%
RMEBX - EQNAX
91%
Closely correlated
-0.13%
RMFCX - EQNAX
91%
Closely correlated
-0.14%
RWMHX - EQNAX
85%
Closely correlated
-0.27%
FFFMX - EQNAX
81%
Closely correlated
-0.14%
More
MFS Equity Income A (EQNAX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com