Mfs Prudent Investor Fund Market Value

FPPRX Fund  USD 12.12  0.03  0.25%   
Mfs Prudent's market value is the price at which a share of Mfs Prudent trades on a public exchange. It measures the collective expectations of Mfs Prudent Investor investors about its performance. Mfs Prudent is trading at 12.12 as of the 3rd of March 2025; that is 0.25% down since the beginning of the trading day. The fund's open price was 12.15.
With this module, you can estimate the performance of a buy and hold strategy of Mfs Prudent Investor and determine expected loss or profit from investing in Mfs Prudent over a given investment horizon. Check out Mfs Prudent Correlation, Mfs Prudent Volatility and Mfs Prudent Alpha and Beta module to complement your research on Mfs Prudent.
Symbol

Please note, there is a significant difference between Mfs Prudent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mfs Prudent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mfs Prudent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Mfs Prudent '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 Prudent'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 Prudent.
0.00
01/02/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/03/2025
0.00
If you would invest  0.00  in Mfs Prudent on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Mfs Prudent Investor or generate 0.0% return on investment in Mfs Prudent over 60 days. The fund normally invests its assets across different asset classes, including equity securities and debt instruments of... More

Mfs Prudent 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 Prudent'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 Prudent Investor upside and downside potential and time the market with a certain degree of confidence.

Mfs Prudent Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs Prudent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mfs Prudent's standard deviation. In reality, there are many statistical measures that can use Mfs Prudent historical prices to predict the future Mfs Prudent's volatility.
Hype
Prediction
LowEstimatedHigh
11.7712.1212.47
Details
Intrinsic
Valuation
LowRealHigh
11.3911.7413.33
Details
Naive
Forecast
LowNextHigh
11.8112.1612.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.6611.9612.26
Details

Mfs Prudent Investor Backtested Returns

At this stage we consider Mfs Mutual Fund to be very steady. Mfs Prudent Investor has Sharpe Ratio of 0.19, which conveys that the entity had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mfs Prudent, which you can use to evaluate the volatility of the fund. Please verify Mfs Prudent's Risk Adjusted Performance of 0.1395, mean deviation of 0.2617, and Downside Deviation of 0.4003 to check out if the risk estimate we provide is consistent with the expected return of 0.068%. The fund secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mfs Prudent's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mfs Prudent is expected to be smaller as well.

Auto-correlation

    
  0.75  

Good predictability

Mfs Prudent Investor has good predictability. Overlapping area represents the amount of predictability between Mfs Prudent time series from 2nd of January 2025 to 1st of February 2025 and 1st of February 2025 to 3rd of March 2025. 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 Prudent Investor price movement. The serial correlation of 0.75 indicates that around 75.0% of current Mfs Prudent price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.86
Residual Average0.0
Price Variance0.01
Mfs ReturnsMfs Lagged ReturnsDiversified AwayMfs ReturnsMfs Lagged ReturnsDiversified Away100%

Mfs Prudent Investor lagged returns against current returns

Autocorrelation, which is Mfs Prudent 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 Prudent's mutual fund expected returns. We can calculate the autocorrelation of Mfs Prudent returns to help us make a trade decision. For example, suppose you find that Mfs Prudent 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   
JavaScript chart by amCharts 3.21.15FebFeb 07Feb 11Feb 15Feb 19Feb 23Feb 27Mar-0.5%0%0.5%1.0%1.5%2.0%2.5%3.0%3.5%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Mfs Prudent 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 Prudent mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mfs Prudent 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 Prudent mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15FebFeb 07Feb 11Feb 15Feb 19Feb 23Feb 27Mar11.511.611.711.811.912.012.1
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Mfs Prudent Lagged Returns

When evaluating Mfs Prudent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mfs Prudent mutual fund have on its future price. Mfs Prudent 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 Prudent autocorrelation shows the relationship between Mfs Prudent mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mfs Prudent Investor.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15JanJan 13Jan 20Jan 27FebFeb 10Feb 17Feb 24Mar11.511.611.711.811.912.012.1
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Mfs Mutual Fund

Mfs Prudent 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 Prudent security.
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