Mfs Utilities Fund Probability of Future Mutual Fund Price Finishing Under 21.91

MMUFX Fund  USD 24.22  0.07  0.29%   
Mfs Utilities' future price is the expected price of Mfs Utilities instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Mfs Utilities Fund performance during a given time horizon utilizing its historical volatility. Check out Mfs Utilities Backtesting, Portfolio Optimization, Mfs Utilities Correlation, Mfs Utilities Hype Analysis, Mfs Utilities Volatility, Mfs Utilities History as well as Mfs Utilities Performance.
  
Please specify Mfs Utilities' target price for which you would like Mfs Utilities odds to be computed.

Mfs Utilities Target Price Odds to finish below 21.91

The tendency of Mfs Mutual Fund 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 PriceHorizonTarget PriceOdds to drop to $ 21.91  or more in 90 days
 24.22 90 days 21.91 
near 1
Based on a normal probability distribution, the odds of Mfs Utilities to drop to $ 21.91  or more in 90 days from now is near 1 (This Mfs Utilities Fund probability density function shows the probability of Mfs Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mfs Utilities price to stay between $ 21.91  and its current price of $24.22 at the end of the 90-day period is about 44.06 .
Assuming the 90 days horizon Mfs Utilities has a beta of 0.14. This indicates as returns on the market go up, Mfs Utilities average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mfs Utilities Fund will be expected to be much smaller as well. Additionally Mfs Utilities Fund has an alpha of 0.0265, implying that it can generate a 0.0265 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Mfs Utilities Price Density   
       Price  

Predictive Modules for Mfs Utilities

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 Utilities. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund 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.
Hype
Prediction
LowEstimatedHigh
23.3224.2225.12
Details
Intrinsic
Valuation
LowRealHigh
23.2124.1125.01
Details
Naive
Forecast
LowNextHigh
23.6124.5125.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.0424.3924.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mfs Utilities. Your research has to be compared to or analyzed against Mfs Utilities' peers to derive any actionable benefits. When done correctly, Mfs Utilities' 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 Utilities.

Mfs Utilities Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Mfs Utilities is not an exception. The market had few large corrections towards the Mfs Utilities' 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 Utilities Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mfs Utilities within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.03
β
Beta against Dow Jones0.14
σ
Overall volatility
0.47
Ir
Information ratio -0.1

Mfs Utilities 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 Utilities for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mfs Utilities can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund maintains 97.38% of its assets in stocks

Mfs Utilities Technical Analysis

Mfs Utilities' future price can be derived by breaking down and analyzing its technical indicators over time. Mfs Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mfs Utilities Fund. In general, you should focus on analyzing Mfs Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Mfs Utilities Predictive Forecast Models

Mfs Utilities' time-series forecasting models is one of many Mfs Utilities' mutual fund 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 Utilities' 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 mutual fund market movement and maximize returns from investment trading.

Things to note about Mfs Utilities

Checking the ongoing alerts about Mfs Utilities for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mfs Utilities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains 97.38% of its assets in stocks

Other Information on Investing in Mfs Mutual Fund

Mfs Utilities 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 Utilities security.
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