MFS Emerging Risk Analysis And Volatility

EMLJX -- USA Fund  

USD 6.86  0.04  0.58%

We consider MFS Emerging not too volatile. MFS Emerging Markets has Sharpe Ratio of 0.0511 which conveys that the entity had 0.0511% of return per unit of standard deviation over the last 3 months. Our approach into estimating volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for MFS Emerging which you can use to evaluate future volatility of the organization. Please verify MFS Emerging Markets Debt Local Market Risk Adjusted Performance of 0.0136, Mean Deviation of 0.3123 and Risk Adjusted Performance of 0.0108 to check out if risk estimate we provide are consistent with the epected return of 0.0215%.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very low

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 = 0.1352

MFS Emerging Central Daily Price Deviation

MFS Emerging Markets Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. MFS Emerging Markets Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

MFS Emerging Projected Return Density Against Market

Assuming 30 trading days horizon, MFS Emerging has beta of 0.1352 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 1956.95. The daily returns are destributed with a variance of 0.18 and standard deviation of 0.42. The mean deviation of MFS Emerging Markets Debt Local is currently at 0.31. For similar time horizon, the selected benchmark (DOW) has volatility of 0.72
α
Alpha over DOW
=0.01
β
Beta against DOW=0.14
σ
Overall volatility
=0.42
Ir
Information ratio =0.27

MFS Emerging Return Volatility

the fund shows 0.4209% volatility of returns over 30 trading days. the entity inherits 0.7199% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

MFS Emerging Investment Opportunity

DOW has a standard deviation of returns of 0.72 and is 1.71 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. Use MFS Emerging Markets Debt Local to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of MFS Emerging to be traded at $6.72 in 30 days. . 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.

MFS Emerging correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding MFS Emerging Markets Debt Loca and equity matching DJI index in the same portfolio.

MFS Emerging Current Risk Indicators

MFS Emerging Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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