Mfs Low Volatility Fund Market Value
| MLVMX Fund | USD 21.84 0.12 0.55% |
| Symbol | Mfs |
Mfs Low '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 Low'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 Low.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in Mfs Low on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding Mfs Low Volatility or generate 0.0% return on investment in Mfs Low over 390 days. Mfs Low is related to or competes with Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, and Mfs Lifetime. The fund normally invests at least 80 percent of its net assets in equity securities More
Mfs Low 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 Low'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 Low Volatility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6036 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 0.8954 |
Mfs Low Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs Low's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mfs Low's standard deviation. In reality, there are many statistical measures that can use Mfs Low historical prices to predict the future Mfs Low's volatility.| Risk Adjusted Performance | 0.073 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0733 |
Mfs Low Volatility Backtested Returns
At this stage we consider Mfs Mutual Fund to be very steady. Mfs Low Volatility has Sharpe Ratio of 0.0832, which conveys that the entity had a 0.0832% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mfs Low, which you can use to evaluate the volatility of the fund. Please verify Mfs Low's Downside Deviation of 0.6036, risk adjusted performance of 0.073, and Mean Deviation of 0.4688 to check out if the risk estimate we provide is consistent with the expected return of 0.0505%. The fund secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mfs Low's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mfs Low is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
Mfs Low Volatility has very good predictability. Overlapping area represents the amount of predictability between Mfs Low time series from 31st of October 2023 to 13th of May 2024 and 13th of May 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 Low Volatility price movement. The serial correlation of 0.81 indicates that around 81.0% of current Mfs Low price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
Mfs Low Volatility lagged returns against current returns
Autocorrelation, which is Mfs Low 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 Low's mutual fund expected returns. We can calculate the autocorrelation of Mfs Low returns to help us make a trade decision. For example, suppose you find that Mfs Low 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 Low 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 Low mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mfs Low 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 Low mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mfs Low Lagged Returns
When evaluating Mfs Low's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mfs Low mutual fund have on its future price. Mfs Low 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 Low autocorrelation shows the relationship between Mfs Low mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mfs Low Volatility.
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 Low 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 Low security.
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