MFS Emerging Risk Analysis And Volatility

EMLIX -- USA Fund  

USD 6.84  0.04  0.59%

Macroaxis considers MFS Emerging to be not too volatile. MFS Emerging Markets has Sharpe Ratio of -0.0407 which conveys that the entity had -0.0407% of return per unit of standard deviation over the last 3 months. Macroaxis approach into estimating risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. MFS Emerging exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify MFS Emerging Markets Debt Local Risk Adjusted Performance of (0.035171), Mean Deviation of 0.2857 and Market Risk Adjusted Performance of (12.05) to check out risk estimate we provide.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Barely shadows market
Horizon     30 Days    Login   to change

MFS Emerging Market Sensitivity

As returns on market increase, MFS Emerging returns are expected to increase less than the market. However during bear market, the loss on holding MFS Emerging will be expected to be smaller as well.
3 Months Beta |Analyze MFS Emerging Markets Demand Trend
Check current 30 days MFS Emerging correlation with market (DOW)
β = 0.0015

MFS Emerging Central Daily Price Deviation

MFS Emerging Markets Technical Analysis

Transformation
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MFS Emerging Projected Return Density Against Market

Assuming 30 trading days horizon, MFS Emerging has beta of 0.0015 suggesting as returns on market go up, MFS Emerging average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MFS Emerging Markets Debt Local will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. MFS Emerging Markets is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of MFS Emerging is -2458.69. The daily returns are destributed with a variance of 0.16 and standard deviation of 0.4. The mean deviation of MFS Emerging Markets Debt Local is currently at 0.29. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
α
Alpha over DOW
=0.02
β
Beta against DOW=0.0015
σ
Overall volatility
=0.40
Ir
Information ratio =0.0064

MFS Emerging Return Volatility

the fund shows 0.398% volatility of returns over 30 trading days. the entity inherits 0.9727% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

MFS Emerging Investment Opportunity

DOW has a standard deviation of returns of 0.97 and is 2.42 times more volatile than MFS Emerging Markets Debt Local. of all equities and portfolios are less risky than MFS Emerging. Compared to the overall equity markets, volatility of historical daily returns of MFS Emerging Markets Debt Local is lower than 3 () of all global equities and portfolios over the last 30 days.

MFS Emerging Current Risk Indicators

MFS Emerging Suggested Diversification Pairs

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