Mfs Global Bond Fund Technical Analysis
| MGBAX Fund | USD 7.95 0.02 0.25% |
As of the 25th of April, Mfs Global secures the Mean Deviation of 0.2419, risk adjusted performance of (0.02), and Standard Deviation of 0.3097. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mfs Global Bond, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Mfs Global, which can be compared to its peers in the industry. Please verify Mfs Global Bond risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Mfs Global Bond is priced some-what accurately, providing market reflects its recent price of 7.95 per share.
Mfs Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mfs, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MfsMfs |
Mfs Global technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Mfs Global Bond Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Mfs Global Bond volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mfs Global Bond Trend Analysis
Use this graph to draw trend lines for Mfs Global Bond. You can use it to identify possible trend reversals for Mfs Global as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mfs Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mfs Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mfs Global Bond applied against its price change over selected period. The best fit line has a slop of 0.0003 , which may suggest that Mfs Global Bond market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Mfs Global price change compared to its average price change.About Mfs Global Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Mfs Global Bond on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Mfs Global Bond based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mfs Global Bond price pattern first instead of the macroeconomic environment surrounding Mfs Global Bond. By analyzing Mfs Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Mfs Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Mfs Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mfs Global April 25, 2024 Technical Indicators
Most technical analysis of Mfs help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mfs from various momentum indicators to cycle indicators. When you analyze Mfs charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 0.2419 | |||
| Coefficient Of Variation | (9,313) | |||
| Standard Deviation | 0.3097 | |||
| Variance | 0.0959 | |||
| Information Ratio | (0.32) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 1.61 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.3745 | |||
| Skewness | (0.24) | |||
| Kurtosis | 0.1677 |
Mfs Global April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Mfs stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 7.95 | ||
| Day Typical Price | 7.95 | ||
| Price Action Indicator | (0.01) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Global Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Mfs Global Bond information on this page should be used as a complementary analysis to other Mfs Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.