MFS Emerging Mean Deviation 
EMLIX  USA Fund  USD 6.85 0.02 0.29% 
Symbol 
 =  0.2838 
SUM  =  Summation notation 
RET DEV  =  Sum of return deviations of MFS Emerging 
N  =  Number of calculation points for selected time horizon 
Mean Deviation Comparison
MFS Emerging Markets Debt Local is rated below average in mean deviation among similar funds. It is rated # 2 fund in maximum drawdown among similar funds reporting about 8.27 of Maximum Drawdown per Mean Deviation. The ratio of Maximum Drawdown to Mean Deviation for MFS Emerging Markets Debt Local is roughly 8.27
Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.Mean Deviation 

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MFS Emerging Technical Signals
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Risk Adjusted Performance  0.0462  
Market Risk Adjusted Performance  0.1917  
Mean Deviation  0.2838  
Semi Deviation  0.2993  
Downside Deviation  0.4329  
Coefficient Of Variation  1310.05  
Standard Deviation  0.3902  
Variance  0.1523  
Information Ratio  (0.20)  
Jensen Alpha  0.0092  
Total Risk Alpha  (0.033398)  
Sortino Ratio  (0.18)  
Treynor Ratio  0.1817  
Maximum Drawdown  2.35  
Value At Risk  (0.44)  
Potential Upside  0.7331  
Downside Variance  0.1874  
Semi Variance  0.0896  
Expected Short fall  (0.39)  
Skewness  (0.48)  
Kurtosis  2.39 
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