MFS Emerging Probability of Target Price Finishing Over Current Price

EMLNX -- USA Fund  

USD 6.86  0.02  0.29%

MFS Emerging probability of target price tool provides mechanism to make assumptions about upside and downside potential of MFS Emerging Markets Debt Local performance during a given time horizon utilizing its historical volatility. Please specify MFS Emerging time horizon, a valid symbol (red box) and a target price (blue box) you would like MFS Emerging odds to be computed. Additionally see MFS Emerging Backtesting, Portfolio Optimization, MFS Emerging Correlation, MFS Emerging Hype Analysis, MFS Emerging Volatility, MFS Emerging History as well as MFS Emerging Performance.
Horizon     30 Days    Login   to change
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MFS Emerging Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 6.86 30 days 6.86 
about 31.88
Based on normal probability distribution, the odds of MFS Emerging to move above current price in 30 days from now is about 31.88 (This MFS Emerging Markets Debt Local probability density function shows the probability of MFS Emerging Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, MFS Emerging has beta of 0.0 suggesting the returns on DOW and MFS Emerging do not appear to be sensitive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
 MFS Emerging Price Density 
      Price 
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.06
Ir
Information ratio =0.02

MFS Emerging Alerts and Suggestions

MFS Emerging Markets generates negative expected return over the last 30 days
The fund retains about 40.36% of its assets under management (AUM) in cash

MFS EmergingPrice Density Drivers

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