MFS Value Mutual Fund Forecast - Simple Regression

MV
MEIKX -- USA Fund  

USD 38.27  0.21  0.55%

MFS Value Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MFS Value historical stock prices and determine the direction of MFS Value Fund's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of MFS Value historical fundamentals such as revenue growth or operating cash flow patterns. Additionally, see Historical Fundamental Analysis of MFS Value to cross-verify your projections.

Search Mutual Fund Forecast

 
Refresh
Simple Regression model is a single variable regression model that attempts to put a straight line through MFS Value price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

MFS Value Simple Regression Price Forecast For the 5th of July

Given 30 days horizon, the forecasted value of MFS Value Fund on the next trading day is expected to be  39.54  with a mean absolute deviation of  0.97 , mean absolute percentage error of  1.49 , and the sum of the absolute errors of  59.24 
 39.54 

MFS Value Mutual Fund Forecast Pattern

Backtest MFS ValueMFS Value Price PredictionBuy or Sell Advice 

MFS Value Forecasted Value

Market Value
38.27
4th of July 2020
39.54
Expected Value
41.88
Upside

Model Predictive Factors

AICAkaike Information Criteria118.5081
BiasArithmetic mean of the errors None
MADMean absolute deviation0.9711
MAPEMean absolute percentage error0.0257
SAESum of the absolute errors59.2363
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as MFS Value Fund historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for MFS Value

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 Value Fund. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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
LowEstimated ValueHigh
35.9338.2740.61
Details
Intrinsic
Valuation
LowReal ValueHigh
36.9439.2841.62
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.3038.4540.60
Details

Other Forecasting Options for MFS Value

View Currently Related Equities

MFS Value Fund Technical and Predictive Analytics

Volatility Measures

MFS Value Risk Indicators

Current Sentiment - MEIKX

MFS Value Fund Investor Sentiment

Most of Macroaxis users are now bullish on MFS Value Fund. What is your trading attitude regarding investing in MFS Value Fund? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Historical Fundamental Analysis of MFS Value to cross-verify your projections. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page