MFS Diversified Probability of Target Price Finishing Over Current Price

DIFEX -- USA Fund  

USD 13.07  0.02  0.15%

MFS Diversified probability of target price tool provides mechanism to make assumptions about upside and downside potential of MFS Diversified Income Fund Cla performance during a given time horizon utilizing its historical volatility. Please specify MFS Diversified time horizon, a valid symbol (red box) and a target price (blue box) you would like MFS Diversified odds to be computed. Additionally see Investing Opportunities.
Horizon     30 Days    Login   to change
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MFS Diversified Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 13.07 30 days 13.07 
about 22.98
Based on normal probability distribution, the odds of MFS Diversified to move above current price in 30 days from now is about 22.98 (This MFS Diversified Income Fund Cla probability density function shows the probability of MFS Diversified Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, MFS Diversified Income Fund Cla has beta of -0.0185 suggesting as returns on benchmark increase, returns on holding MFS Diversified are expected to decrease at a much smaller rate. During bear market, however, MFS Diversified Income Fund Cla is likely to outperform the market. Additionally The company has an alpha of 0.0073 implying that it can potentially generate 0.0073% excess return over DOW after adjusting for the inherited market risk (beta).
 MFS Diversified Price Density 
      Price 
α
Alpha over DOW
=0.007284
β
Beta against DOW=0.02
σ
Overall volatility
=6.10
Ir
Information ratio =0.12

MFS Diversified Alerts and Suggestions

MFS Diversified is not yet fully synchronised with the market data
The fund retains about 6.37% of its assets under management (AUM) in cash

MFS DiversifiedPrice Density Drivers

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