Mfs Lifetime 2030 Fund Market Value
| MLTIX Fund | USD 17.19 0.05 0.29% |
| Symbol | Mfs |
Mfs Lifetime '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 Lifetime'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 Lifetime.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Mfs Lifetime on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Mfs Lifetime 2030 or generate 0.0% return on investment in Mfs Lifetime over 480 days. Mfs Lifetime is related to or competes with Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, and Mfs Lifetime. The fund is designed to provide diversification among different asset classes for investors with the approximate retirem... More
Mfs Lifetime 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 Lifetime'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 Lifetime 2030 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3239 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.6 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.5254 |
Mfs Lifetime Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs Lifetime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mfs Lifetime's standard deviation. In reality, there are many statistical measures that can use Mfs Lifetime historical prices to predict the future Mfs Lifetime's volatility.| Risk Adjusted Performance | 0.0621 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.0684 |
Mfs Lifetime 2030 Backtested Returns
At this stage we consider Mfs Mutual Fund to be very steady. Mfs Lifetime 2030 has Sharpe Ratio of 0.0671, which conveys that the entity had a 0.0671% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mfs Lifetime, which you can use to evaluate the volatility of the fund. Please verify Mfs Lifetime's Risk Adjusted Performance of 0.0621, mean deviation of 0.2458, and Downside Deviation of 0.3239 to check out if the risk estimate we provide is consistent with the expected return of 0.0203%. The fund secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mfs Lifetime's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mfs Lifetime is expected to be smaller as well.
Auto-correlation | 0.82 |
Very good predictability
Mfs Lifetime 2030 has very good predictability. Overlapping area represents the amount of predictability between Mfs Lifetime time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Lifetime 2030 price movement. The serial correlation of 0.82 indicates that around 82.0% of current Mfs Lifetime price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Mfs Lifetime 2030 lagged returns against current returns
Autocorrelation, which is Mfs Lifetime 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 Lifetime's mutual fund expected returns. We can calculate the autocorrelation of Mfs Lifetime returns to help us make a trade decision. For example, suppose you find that Mfs Lifetime 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 Lifetime 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 Lifetime mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mfs Lifetime 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 Lifetime mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mfs Lifetime Lagged Returns
When evaluating Mfs Lifetime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mfs Lifetime mutual fund have on its future price. Mfs Lifetime 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 Lifetime autocorrelation shows the relationship between Mfs Lifetime mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mfs Lifetime 2030.
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 Lifetime 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 Lifetime security.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |