The fund secures Beta (Market Risk) of 0.1426 which conveys that 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. Even though it is essential to pay attention to MFS Emerging Markets price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis approach into estimating future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. MFS Emerging exposes twenty-one different technical indicators which can help you to evaluate its performance.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days MFS Emerging Markets Debt Local has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, MFS Emerging 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||6.20|
|Fifty Two Week High||7.04|
|Annual Report Expense Ratio||1.36%|
|Horizon||30 Days Login to change|
MFS Emerging Markets Relative Risk vs. Return LandscapeIf you would invest 695.00 in MFS Emerging Markets Debt Local on September 13, 2019 and sell it today you would lose (6.00) from holding MFS Emerging Markets Debt Local or give up 0.86% of portfolio value over 30 days. MFS Emerging Markets Debt Local is currently producing negative expected returns and takes up 0.3899% volatility of returns over 30 trading days. Put another way, 3% 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 Emerging Current Valuation
October 13, 2019
MFS Emerging is not too volatile asset. MFS Emerging Markets secures last-minute Real Value of $6.88 per share. The latest price of the fund is $6.89. At this time the organization appears to be fairly valued. We determine the value of MFS Emerging Markets 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 Emerging Market Risk Analysis
Sharpe Ratio = -0.0323
MFS Emerging Relative Performance Indicators
Estimated Market Risk