Mfs Value Total Risk Alpha

MEIGX Fund  USD 50.01  0.20  0.40%   
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Mfs Value Fund has current Total Risk Alpha of 0.0198. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0198
ER[a] = Expected return on investing in Mfs Value
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Mfs Value
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Mfs Value Total Risk Alpha Peers Comparison

Mfs Total Risk Alpha Relative To Other Indicators

Mfs Value Fund is regarded third largest fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  112.15  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Mfs Value Fund is roughly  112.15 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Mfs Value to Peers

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