MFS Value Probability of Target Price Finishing Above 39.25

MV
MEIKX -- USA Fund  

USD 38.48  0.38  0.98%

MFS Value probability of target price tool provides mechanism to make assumptions about upside and downside potential of MFS Value Fund performance during a given time horizon utilizing its historical volatility.

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Please specify MFS Value time horizon, a valid symbol (red box) and a target price (blue box) you would like MFS Value odds to be computed. Additionally, see MFS Value Backtesting, Portfolio Optimization, MFS Value Correlation, MFS Value Hype Analysis, MFS Value Volatility, MFS Value History as well as MFS Value Performance.
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MFS Value Target Price Odds to finish below 39.25

Current PriceHorizonTarget PriceOdds to stay under $ 39.25  after 30 days
 38.48 30 days 39.25 
about 84.11
Based on a normal probability distribution, the odds of MFS Value to stay under $ 39.25  after 30 days from now is about 84.11 (This MFS Value Fund probability density function shows the probability of MFS Value Mutual Fund to fall within a particular range of prices over 30 days) . Probability of MFS Value Fund price to stay between its current price of $ 38.48  and $ 39.25  at the end of the 30-day period is about 10.59 .
Assuming the 30 trading days horizon, MFS Value Fund has a beta of -0.1702. This indicates as returns on benchmark increase, returns on holding MFS Value are expected to decrease at a much lower rate. During the bear market, however, MFS Value Fund is likely to outperform the market. Additionally The company has an alpha of 0.4024, implying that it can generate a 0.4 percent excess return over DOW after adjusting for the inherited market risk (beta).
 MFS Value Price Density 
      Price 
α
Alpha over DOW
=0.40
β
Beta against DOW=-0.17
σ
Overall volatility
=2.07
Ir
Information ratio =0.07

MFS Value Alerts and Suggestions

The fund maintains 98.13% of its assets in stocks

MFS ValuePrice Density Drivers

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