|Horizon||30 Days Login to change|
MFS Blended Market Sensitivity
|As returns on market increase, returns on owning MFS Blended are expected to decrease at a much smaller rate. During bear market, MFS Blended is likely to outperform the market.One Month Beta |Analyze MFS Blended Research Demand TrendCheck current 30 days MFS Blended correlation with market (DOW)|
β = -0.5442
MFS Blended Research Technical Analysis
MFS Blended Projected Return Density Against MarketAssuming 30 trading days horizon, MFS Blended Research Em Mkts Eq B has beta of -0.5442 . This suggests as returns on benchmark increase, returns on holding MFS Blended are expected to decrease at a much smaller rate. During bear market, however, MFS Blended Research Em Mkts Eq B is likely to outperform the market. Moreover, MFS Blended Research Em Mkts Eq B has an alpha of 0.0165 implying that it can potentially generate 0.0165% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
MFS Blended Return VolatilityMFS Blended Research Em Mkts Eq B shows 0.9289% volatility of returns over 30 trading days. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.