Mfs High Income Fund Statistic Functions Beta

MHIKX Fund  USD 3.11  0.00  0.00%   
Mfs High statistic functions tool provides the execution environment for running the Beta function and other technical functions against Mfs High. Mfs High value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Mfs High statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Mfs High Income correlated with the market. If Beta is less than 0 Mfs High generally moves in the opposite direction as compared to the market. If Mfs High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mfs High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mfs High is generally in the same direction as the market. If Beta > 1 Mfs High moves generally in the same direction as, but more than the movement of the benchmark.

Mfs High Technical Analysis Modules

Most technical analysis of Mfs High help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mfs from various momentum indicators to cycle indicators. When you analyze Mfs charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Mfs High Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mfs High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mfs High Income based on widely used predictive technical indicators. In general, we focus on analyzing Mfs Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mfs High's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Mfs High's intrinsic value. In addition to deriving basic predictive indicators for Mfs High, we also check how macroeconomic factors affect Mfs High price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.913.113.31
Details
Intrinsic
Valuation
LowRealHigh
2.662.863.42
Details
Naive
Forecast
LowNextHigh
2.903.103.29
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.103.113.12
Details

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Other Information on Investing in Mfs Mutual Fund

Mfs High financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs High security.
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