MFS Diversified Probability of Target Price Finishing Above 13.12

DIFGX -- USA Fund  

USD 13.16  0.01  0.08%

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 MFS Diversified Backtesting, Portfolio Optimization, MFS Diversified Correlation, MFS Diversified Hype Analysis, MFS Diversified Volatility, MFS Diversified History as well as MFS Diversified Performance.
Horizon     30 Days    Login   to change
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MFS Diversified Target Price Odds to finish below 13.12

Current PriceHorizonTarget PriceOdds to drop to $ 13.12  or more in 30 days
 13.16 30 days 13.12 
about 77.75
Based on normal probability distribution, the odds of MFS Diversified to drop to $ 13.12  or more in 30 days from now is about 77.75 (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) . Probability of MFS Diversified Income price to stay between $ 13.12  and its current price of $13.16 at the end of the 30-day period is about 9.68 .
Assuming 30 trading days horizon, MFS Diversified has beta of 0.1579 suggesting as returns on market go up, MFS Diversified average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MFS Diversified Income Fund Cla will be expected to be much smaller as well. Additionally The company has an alpha of 0.0132 implying that it can potentially generate 0.0132% excess return over DOW after adjusting for the inherited market risk (beta).
 MFS Diversified Price Density 
      Price 
α
Alpha over DOW
=0.013224
β
Beta against DOW=0.16
σ
Overall volatility
=0.10
Ir
Information ratio =0.24

MFS Diversified Alerts and Suggestions

Latest headline from MacroaxisInsider: Equity Lifestyle exotic insider transaction detected
The fund retains about 6.91% of its assets under management (AUM) in cash

MFS DiversifiedPrice Density Drivers

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