Mfs Government Markets Etf Statistic Functions Beta

MGF Etf  USD 3.08  0.01  0.32%   
MFS Government statistic functions tool provides the execution environment for running the Beta function and other technical functions against MFS Government. MFS Government value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. MFS Government statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on MFS Government Markets correlated with the market. If Beta is less than 0 MFS Government generally moves in the opposite direction as compared to the market. If MFS Government Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MFS Government Markets is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MFS Government is generally in the same direction as the market. If Beta > 1 MFS Government moves generally in the same direction as, but more than the movement of the benchmark.

MFS Government Technical Analysis Modules

Most technical analysis of MFS Government help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MFS from various momentum indicators to cycle indicators. When you analyze MFS charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About MFS Government Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MFS Government Markets. We use our internally-developed statistical techniques to arrive at the intrinsic value of MFS Government Markets based on widely used predictive technical indicators. In general, we focus on analyzing MFS Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MFS Government's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of MFS Government's intrinsic value. In addition to deriving basic predictive indicators for MFS Government, we also check how macroeconomic factors affect MFS Government price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.563.093.62
Details
Intrinsic
Valuation
LowRealHigh
2.583.113.64
Details
Naive
Forecast
LowNextHigh
2.543.073.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.053.143.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MFS Government. Your research has to be compared to or analyzed against MFS Government's peers to derive any actionable benefits. When done correctly, MFS Government's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MFS Government Markets.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Align your risk and return expectations

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Other Information on Investing in MFS Etf

MFS Government financial ratios help investors to determine whether MFS Etf 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 Government security.