Mfs New Discovery Fund Technical Analysis
NDVCX Fund | USD 15.99 0.14 0.88% |
As of the 23rd of April, Mfs New secures the Risk Adjusted Performance of 0.0331, mean deviation of 0.7558, and Downside Deviation of 1.16. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mfs New Discovery, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for Mfs New, which can be compared to its peers in the industry. Please verify Mfs New Discovery information ratio and downside variance to decide if Mfs New Discovery is priced some-what accurately, providing market reflects its recent price of 15.99 per share.
Mfs New Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mfs, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MfsMfs |
Mfs New technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Mfs New Discovery Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Mfs New Discovery volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mfs New Discovery Trend Analysis
Use this graph to draw trend lines for Mfs New Discovery. You can use it to identify possible trend reversals for Mfs New as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mfs New price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mfs New Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mfs New Discovery applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Mfs New Discovery will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.0, which is the sum of squared deviations for the predicted Mfs New price change compared to its average price change.About Mfs New Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Mfs New Discovery on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Mfs New Discovery based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mfs New Discovery price pattern first instead of the macroeconomic environment surrounding Mfs New Discovery. By analyzing Mfs New's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Mfs New's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Mfs New specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mfs New April 23, 2024 Technical Indicators
Most technical analysis of Mfs 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0331 | |||
Market Risk Adjusted Performance | 0.0374 | |||
Mean Deviation | 0.7558 | |||
Semi Deviation | 1.09 | |||
Downside Deviation | 1.16 | |||
Coefficient Of Variation | 2093.94 | |||
Standard Deviation | 0.996 | |||
Variance | 0.9919 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0274 | |||
Maximum Drawdown | 4.77 | |||
Value At Risk | (1.60) | |||
Potential Upside | 1.47 | |||
Downside Variance | 1.33 | |||
Semi Variance | 1.19 | |||
Expected Short fall | (0.72) | |||
Skewness | (0.51) | |||
Kurtosis | 0.9295 |
Mfs New April 23, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Mfs stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 15.99 | ||
Day Typical Price | 15.99 | ||
Price Action Indicator | 0.07 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs New Discovery. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Mfs New Discovery information on this page should be used as a complementary analysis to other Mfs New's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..