Mfs Government Markets Etf Probability of Future Etf Price Finishing Under 0.83
| MGF Etf | USD 3.09 0.01 0.32% |
MFS |
MFS Government Target Price Odds to finish below 0.83
The tendency of MFS Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.83 or more in 90 days |
| 3.09 | 90 days | 0.83 | close to zero percent |
Based on a normal probability distribution, the odds of MFS Government to drop to $ 0.83 or more in 90 days from now is close to zero percent (This MFS Government Markets probability density function shows the probability of MFS Etf to fall within a particular range of prices over 90 days) . Probability of MFS Government Markets price to stay between $ 0.83 and its current price of $3.09 at the end of the 90-day period is about 17.41 .
Considering the 90-day investment horizon MFS Government has a beta of 0.13. This indicates as returns on the market go up, MFS Government average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MFS Government Markets will be expected to be much smaller as well. Additionally MFS Government Markets has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. MFS Government Price Density |
| Price |
Predictive Modules for MFS Government
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MFS Government Markets. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.MFS Government Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MFS Government is not an exception. The market had few large corrections towards the MFS Government's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold MFS Government Markets, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MFS Government within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.13 |
MFS Government Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of MFS Government for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MFS Government Markets can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MFS Government generated a negative expected return over the last 90 days | |
| The company has a current ratio of 0.34, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist MFS Government until it has trouble settling it off, either with new capital or with free cash flow. So, MFS Government's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MFS Government Markets sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MFS to invest in growth at high rates of return. When we think about MFS Government's use of debt, we should always consider it together with cash and equity. | |
| MFS Government Markets reported the last year's revenue of 2.99 M. Reported Net Loss for the year was (11.26 M) with profit before taxes, overhead, and interest of 3.65 M. | |
| MFS Government Markets generated five year return of 0.0% |
MFS Government Technical Analysis
MFS Government's future price can be derived by breaking down and analyzing its technical indicators over time. MFS Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MFS Government Markets. In general, you should focus on analyzing MFS Etf price patterns and their correlations with different microeconomic environments and drivers.
MFS Government Predictive Forecast Models
MFS Government's time-series forecasting models is one of many MFS Government's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary MFS Government's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about MFS Government Markets
Checking the ongoing alerts about MFS Government for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MFS Government Markets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MFS Government generated a negative expected return over the last 90 days | |
| The company has a current ratio of 0.34, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist MFS Government until it has trouble settling it off, either with new capital or with free cash flow. So, MFS Government's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MFS Government Markets sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MFS to invest in growth at high rates of return. When we think about MFS Government's use of debt, we should always consider it together with cash and equity. | |
| MFS Government Markets reported the last year's revenue of 2.99 M. Reported Net Loss for the year was (11.26 M) with profit before taxes, overhead, and interest of 3.65 M. | |
| MFS Government Markets generated five year return of 0.0% |
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.