The fund secures Beta (Market Risk) of 0.1961 which conveys that as returns on market increase, MFS Diversified returns are expected to increase less than the market. However during bear market, the loss on holding MFS Diversified will be expected to be smaller as well. Although it is extremely important to respect MFS Diversified Income price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach into estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting MFS Diversified Income technical indicators you can now evaluate if the expected return of 0.0414% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in MFS Diversified Income Fund Cla are ranked lower than 9 (%) of all funds and portfolios of funds over the last 30 days. Inspite fairly strong basic indicators, MFS Diversified is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||11.46|
|Fifty Two Week High||13.07|
|Annual Report Expense Ratio||1.00%|
|Horizon||30 Days Login to change|
MFS Diversified Income Relative Risk vs. Return LandscapeIf you would invest 1,278 in MFS Diversified Income Fund Cla on September 21, 2019 and sell it today you would earn a total of 34.00 from holding MFS Diversified Income Fund Cla or generate 2.66% return on investment over 30 days. MFS Diversified Income Fund Cla is currently producing 0.0414% returns and takes up 0.2887% volatility of returns over 30 trading days. Put another way, 2% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
MFS Diversified Current Valuation
October 21, 2019
MFS Diversified is very steady asset. MFS Diversified Income secures last-minute Real Value of $13.26 per share. The latest price of the fund is $13.12. At this time the organization appears to be fairly valued. We determine the value of MFS Diversified Income from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point future time entities prices and their ongoing real values will merge together.
MFS Diversified Market Risk Analysis
Sharpe Ratio = 0.1436
MFS Diversified Relative Performance Indicators
Estimated Market Risk