MFS Diversified Statistic Functions Beta

DIFFX -- USA Fund  

USD 13.17  0.12  0.92%

MFS Diversified statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against MFS Diversified. MFS Diversified 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.
Horizon     30 Days    Login   to change
Symbol
Refresh

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on MFS Diversified Income correlated with the market. If Beta is less than 0 MFS Diversified generally moves in the opposite direction as compared to the market. If MFS Diversified Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MFS Diversified Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MFS Diversified is generally in the same direction as the market. If Beta > 1 MFS Diversified moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

Additional Technical Research

Search macroaxis.com