Mfs Limited Maturity Fund Market Value
| MQLFX Fund | USD 5.84 0.01 0.17% |
| Symbol | Mfs |
Mfs Limited '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 Limited'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 Limited.
| 10/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in Mfs Limited on October 4, 2023 and sell it all today you would earn a total of 0.00 from holding Mfs Limited Maturity or generate 0.0% return on investment in Mfs Limited over 420 days. Mfs Limited is related to or competes with Dodge Cox, Rbc Ultra-short, Ms Global, Cutler Equity, Artisan Select, and Balanced Fund. The fund normally invests its assets primarily in debt instruments More
Mfs Limited 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 Limited'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 Limited Maturity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1953 | |||
| Information Ratio | (0.90) | |||
| Maximum Drawdown | 0.6849 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.1715 |
Mfs Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mfs Limited's standard deviation. In reality, there are many statistical measures that can use Mfs Limited historical prices to predict the future Mfs Limited's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.001 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.63) | |||
| Treynor Ratio | 0.0807 |
Mfs Limited Maturity Backtested Returns
At this stage we consider Mfs Mutual Fund to be very steady. Mfs Limited Maturity has Sharpe Ratio of 0.0591, which conveys that the entity had a 0.0591% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mfs Limited, which you can use to evaluate the volatility of the fund. Please verify Mfs Limited's Mean Deviation of 0.0898, insignificant risk adjusted performance, and Downside Deviation of 0.1953 to check out if the risk estimate we provide is consistent with the expected return of 0.0081%. The fund secures a Beta (Market Risk) of -0.0261, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mfs Limited are expected to decrease at a much lower rate. During the bear market, Mfs Limited is likely to outperform the market.
Auto-correlation | 0.93 |
Excellent predictability
Mfs Limited Maturity has excellent predictability. Overlapping area represents the amount of predictability between Mfs Limited time series from 4th of October 2023 to 1st of May 2024 and 1st of May 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 Limited Maturity price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Mfs Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Mfs Limited Maturity lagged returns against current returns
Autocorrelation, which is Mfs Limited 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 Limited's mutual fund expected returns. We can calculate the autocorrelation of Mfs Limited returns to help us make a trade decision. For example, suppose you find that Mfs Limited 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 Limited 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 Limited mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mfs Limited 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 Limited mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mfs Limited Lagged Returns
When evaluating Mfs Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mfs Limited mutual fund have on its future price. Mfs Limited 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 Limited autocorrelation shows the relationship between Mfs Limited mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mfs Limited Maturity.
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 Limited 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 Limited security.
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