MFV Stock Summary and Trading Ideas (MFS Special Value Trust | NYSE:MFV)

The fund’s investment objective is to seek high current income, but may also consider capital appreciation. MFS normally invests the fund’s assets primarily in debt instruments. MFS normally invests the fund’s assets in US Government securities, foreign government securities, mortgage-backed and other asset-backed securities of US and foreign issuers, corporate bonds of US and/or foreign issuers, debt instruments of issuers located in emerging market countries, and/or equity securities. MFS allocates the fund’s assets across these categories with a view toward broad diversification across and within these categories.

MFS Special Value Trust trades on the NYSE stock market under the symbol MFV.

As of April 19, 2024, MFV stock price was flat at $4.41 with million shares trading.

MFV has a beta of 0.61, meaning it tends to be less sensitive to market movements. MFV has a correlation of 0.27 to the broad based SPY ETF.

MFV has a market cap of $32.15 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, MFV stock traded as high as $7.18 and as low as $3.74.

MFV stock has underperformed the market in the last year with a return of +11.8%, while SPY returned +21.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MFV shares. However, MFV has outperformed the market in the last 3 month and 2 week periods, returning +10.4% and 0.0%, while SPY returned +4.9% and -2.9%, respectively. This indicates MFV has been having a stronger performance recently.

MFV support price is $4.39 and resistance is $4.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MFV stock will trade within this expected range on the day.