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MFS Mid Risk Analysis And Volatility

MFS
MCBVX -- USA Fund  

USD 21.27  1.24  6.19%

Macroaxis considers MFS Mid to be not too volatile. MFS Mid Cap has Sharpe Ratio of -0.1357 which conveys that the entity had -0.1357% of return per unit of standard deviation over the last 3 months. Macroaxis approach into estimating risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. MFS Mid exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify MFS Mid Cap Value Fund Class Market Risk Adjusted Performance of (0.52), Mean Deviation of 0.7755 and Risk Adjusted Performance of (0.17) to check out risk estimate we provide.
Equity
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90 Days Market Risk

Not too volatile

Chance of Distress

Very Low

90 Days Economic Sensitivity

Slowly supersedes market

MFS Mid Market Sensitivity

As returns on market increase, MFS Mid returns are expected to increase less than the market. However during bear market, the loss on holding MFS Mid will be expected to be smaller as well.
3 Months Beta |Analyze MFS Mid Cap Demand Trend
Check current 30 days MFS Mid correlation with market (DOW)
β = 0.3988

MFS Mid Central Daily Price Deviation

MFS Mid Cap Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. MFS Mid Cap Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

MFS Mid Projected Return Density Against Market

Assuming 30 trading days horizon, MFS Mid has beta of 0.3988 indicating as returns on market go up, MFS Mid average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MFS Mid Cap Value Fund Class will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. MFS Mid Cap is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of MFS Mid is -737.09. The daily returns are destributed with a variance of 1.89 and standard deviation of 1.37. The mean deviation of MFS Mid Cap Value Fund Class is currently at 0.78. For similar time horizon, the selected benchmark (DOW) has volatility of 1.15
α
Alpha over DOW
=0.15
β
Beta against DOW=0.40
σ
Overall volatility
=1.37
Ir
Information ratio =0.05

MFS Mid Return Volatility

the fund shows 1.3738% volatility of returns over 30 trading days. the entity inherits 1.1522% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

MFS Mid Investment Opportunity

MFS Mid Cap Value Fund Class has a volatility of 1.37 and is 1.19 times more volatile than DOW. 12  of all equities and portfolios are less risky than MFS Mid. Compared to the overall equity markets, volatility of historical daily returns of MFS Mid Cap Value Fund Class is lower than 12 () of all global equities and portfolios over the last 30 days. Use MFS Mid Cap Value Fund Class to enhance returns of your portfolios. The mutual fund experiences very speculative upward sentiment. . Check odds of MFS Mid to be traded at $26.59 in 30 days. . As returns on market increase, MFS Mid returns are expected to increase less than the market. However during bear market, the loss on holding MFS Mid will be expected to be smaller as well.

MFS Mid correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding MFS Mid Cap Value Fund Class and equity matching DJI index in the same portfolio.

MFS Mid Current Risk Indicators

MFS Mid Suggested Diversification Pairs

Additionally, see Stocks Correlation. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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