Mfs Mid Cap Fund Odds of Future Mutual Fund Price Finishing Under 13.64
| OTCBX Fund | USD 21.91 0.28 1.29% |
Mfs |
Mfs Mid Target Price Odds to finish below 13.64
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 Price | Horizon | Target Price | Odds to drop to $ 13.64 or more in 90 days |
| 21.91 | 90 days | 13.64 | near 1 |
Based on a normal probability distribution, the odds of Mfs Mid to drop to $ 13.64 or more in 90 days from now is near 1 (This Mfs Mid Cap probability density function shows the probability of Mfs Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mfs Mid Cap price to stay between $ 13.64 and its current price of $21.91 at the end of the 90-day period is roughly 2.72 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.1 . This indicates Mfs Mid Cap market returns are sensitive to returns on the market. As the market goes up or down, Mfs Mid is expected to follow. Additionally Mfs Mid Cap 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 Mid Price Density |
| Price |
Predictive Modules for Mfs Mid
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 Mid Cap. 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.Mfs Mid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mfs Mid is not an exception. The market had few large corrections towards the Mfs Mid'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 Mid Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mfs Mid within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 1.10 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | -0.07 |
Mfs Mid 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 Mid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mfs Mid Cap 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 Mid Cap generated a negative expected return over the last 90 days | |
| The fund maintains 96.65% of its assets in stocks |
Mfs Mid Technical Analysis
Mfs Mid's 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 Mid Cap. In general, you should focus on analyzing Mfs Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mfs Mid Predictive Forecast Models
Mfs Mid's time-series forecasting models is one of many Mfs Mid's 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 Mid'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 mutual fund market movement and maximize returns from investment trading.
Things to note about Mfs Mid Cap
Checking the ongoing alerts about Mfs Mid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mfs Mid Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mfs Mid Cap generated a negative expected return over the last 90 days | |
| The fund maintains 96.65% of its assets in stocks |
Other Information on Investing in Mfs Mutual Fund
Mfs Mid 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 Mid security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |