Mfs Blended Research Fund Market Value
| BRSTX Fund | USD 17.02 0.13 0.76% |
| Symbol | Mfs |
Mfs Blended 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Mfs Blended's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Mfs Blended.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Mfs Blended on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Mfs Blended Research or generate 0.0% return on investment in Mfs Blended over 180 days. Mfs Blended is related to or competes with Vanguard Equity, Us Vector, The Hartford, Dodge Cox, Calamos Global, Ab Select, and Gmo Global. The fund normally invests at least 80 percent of the funds net assets in equity securities of issuers with small market ... More
Mfs Blended Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mfs Blended's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Mfs Blended Research upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.17 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.98 |
Mfs Blended Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs Blended's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mfs Blended's standard deviation. In reality, there are many statistical measures that can use Mfs Blended historical prices to predict the future Mfs Blended's volatility.| Risk Adjusted Performance | 0.0693 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0672 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mfs Blended's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mfs Blended Research Backtested Returns
At this stage we consider Mfs Mutual Fund to be very steady. Mfs Blended Research has Sharpe Ratio of 0.0952, which conveys that the entity had a 0.0952% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mfs Blended, which you can use to evaluate the volatility of the fund. Please verify Mfs Blended's Risk Adjusted Performance of 0.0693, mean deviation of 0.88, and Downside Deviation of 1.04 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. The fund secures a Beta (Market Risk) of 1.44, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mfs Blended will likely underperform.
Auto-correlation | 0.30 |
Below average predictability
Mfs Blended Research has below average predictability. Overlapping area represents the amount of predictability between Mfs Blended time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mfs Blended Research price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Mfs Blended price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Mfs Blended Research lagged returns against current returns
Autocorrelation, which is Mfs Blended mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Mfs Blended's mutual fund expected returns. We can calculate the autocorrelation of Mfs Blended returns to help us make a trade decision. For example, suppose you find that Mfs Blended has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Mfs Blended regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Mfs Blended mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mfs Blended mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mfs Blended mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mfs Blended Lagged Returns
When evaluating Mfs Blended's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mfs Blended mutual fund have on its future price. Mfs Blended autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Mfs Blended autocorrelation shows the relationship between Mfs Blended mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mfs Blended Research.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mfs Mutual Fund
Mfs Blended 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 Blended security.
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