Mfs Emerging Markets Fund Technical Analysis
| EMLIX Fund | USD 5.29 0.07 1.31% |
As of the 17th of April 2024, Mfs Emerging secures the Standard Deviation of 0.4397, risk adjusted performance of (0.13), and Mean Deviation of 0.3343. Mfs Emerging Markets technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the fund's future prices. 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 collect and analyze data for thirteen technical drivers for Mfs Emerging, which can be compared to its peers in the industry. Please verify Mfs Emerging Markets market risk adjusted performance and treynor ratio to decide if Mfs Emerging Markets is priced some-what accurately, providing market reflects its recent price of 5.29 per share.
Mfs Emerging 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 Emerging 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 Emerging Markets Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Emerging Markets volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mfs Emerging Markets Trend Analysis
Use this graph to draw trend lines for Mfs Emerging Markets. You can use it to identify possible trend reversals for Mfs Emerging 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 Emerging price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mfs Emerging Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mfs Emerging Markets applied against its price change over selected period. The best fit line has a slop of 0.0014 , which may suggest that Mfs Emerging Markets market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Mfs Emerging price change compared to its average price change.About Mfs Emerging 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 Emerging Markets 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 Emerging Markets based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mfs Emerging Markets price pattern first instead of the macroeconomic environment surrounding Mfs Emerging Markets. By analyzing Mfs Emerging'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 Emerging'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 Emerging specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mfs Emerging April 17, 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 | (0.13) | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 0.3343 | |||
| Coefficient Of Variation | (499.66) | |||
| Standard Deviation | 0.4397 | |||
| Variance | 0.1933 | |||
| Information Ratio | (0.33) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 1.82 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.365 | |||
| Skewness | (0.75) | |||
| Kurtosis | 0.6864 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Mfs Emerging Markets. 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 gross domestic product. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.