Mfs Utilities Fund Technical Analysis
| MMUGX Fund | USD 19.90 0.14 0.71% |
As of the 19th of April, Mfs Utilities secures the Risk Adjusted Performance of (0), standard deviation of 0.958, and Mean Deviation of 0.7181. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mfs Utilities, as well as the relationship between them. 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 analyze and collect data for thirteen technical drivers for Mfs Utilities, which can be compared to its peers in the industry. Please verify Mfs Utilities risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Mfs Utilities Fund is priced some-what accurately, providing market reflects its recent price of 19.9 per share.
Mfs Utilities 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 Utilities 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 Utilities Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Utilities volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mfs Utilities Trend Analysis
Use this graph to draw trend lines for Mfs Utilities Fund. You can use it to identify possible trend reversals for Mfs Utilities 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 Utilities price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mfs Utilities Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mfs Utilities Fund applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Mfs Utilities Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.72, which is the sum of squared deviations for the predicted Mfs Utilities price change compared to its average price change.About Mfs Utilities 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 Utilities Fund 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 Utilities Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mfs Utilities price pattern first instead of the macroeconomic environment surrounding Mfs Utilities. By analyzing Mfs Utilities'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 Utilities'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 Utilities specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mfs Utilities April 19, 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 0.7181 | |||
| Coefficient Of Variation | (7,433) | |||
| Standard Deviation | 0.958 | |||
| Variance | 0.9177 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 4.54 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.58 | |||
| Skewness | (0.04) | |||
| Kurtosis | 0.137 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Utilities Fund. 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 price. Note that the Mfs Utilities information on this page should be used as a complementary analysis to other Mfs Utilities' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.