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MTERX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$56.16
Change
+$0.52 (+0.93%)
Net Assets
2.12B

MTERX MFS Technology R2 Forecast, Technical & Fundamental Analysis

Category Technology
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Salesforce (NYSE:CRM), Accenture PLC (NYSE:ACN), Advanced Micro Devices (NASDAQ:AMD), SERVICENOW (NYSE:NOW).

Industry description

The investment seeks capital appreciation. The fund normally invests at least 80% of the fund's net assets in securities of issuers principally engaged in offering, using or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. It normally invests the fund's assets primarily in equity securities. The fund may invest its assets in securities of companies of any size. It is non-diversified.

Market Cap

The average market capitalization across the MFS Technology R2 MF is 1.42T. The market cap for tickers in the group ranges from 156.29B to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is NOW at 156.29B.

Volume

The average weekly volume growth across all stocks in the MFS Technology R2 MF was 63%. For the same stocks of the MF, the average monthly volume growth was 113% and the average quarterly volume growth was -28%

Fundamental Analysis Ratings

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

Valuation Rating: 73
P/E Growth Rating: 57
Price Growth Rating: 26
SMR Rating: 44
Profit Risk Rating: 16
Seasonality Score: -7 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
MFS Series Trust I111 Huntington Avenue, 24th FloorBoston
Phone
1-800-637-2929
Web
http://www.mfs.com
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MTERX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MTERX has been closely correlated with SCMIX. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if MTERX jumps, then SCMIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MTERX
1D Price
Change %
MTERX100%
+0.97%
SCMIX - MTERX
85%
Closely correlated
+1.38%
PRGTX - MTERX
84%
Closely correlated
+1.25%
JATNX - MTERX
79%
Closely correlated
+1.01%
VITAX - MTERX
79%
Closely correlated
+1.56%
FSPTX - MTERX
78%
Closely correlated
+1.74%
More