Mfs Prudent Investor Fund Probability of Future Mutual Fund Price Finishing Under 11.84
| FPPVX Fund | USD 11.67 0.04 0.34% |
Mfs |
Mfs Prudent Target Price Odds to finish below 11.84
The tendency of Mfs Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 11.84 after 90 days |
| 11.67 | 90 days | 11.84 | about 10.5 |
Based on a normal probability distribution, the odds of Mfs Prudent to stay under $ 11.84 after 90 days from now is about 10.5 (This Mfs Prudent Investor probability density function shows the probability of Mfs Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Mfs Prudent Investor price to stay between its current price of $ 11.67 and $ 11.84 at the end of the 90-day period is about 9.56 .
Assuming the 90 days horizon Mfs Prudent has a beta of 0.24. This usually indicates as returns on the market go up, Mfs Prudent average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mfs Prudent Investor will be expected to be much smaller as well. Additionally Mfs Prudent Investor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Mfs Prudent Price Density |
| Price |
Predictive Modules for Mfs Prudent
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mfs Prudent Investor. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mfs Prudent's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mfs Prudent Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mfs Prudent is not an exception. The market had few large corrections towards the Mfs Prudent's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Mfs Prudent Investor, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mfs Prudent within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.19 |
Mfs Prudent Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Mfs Prudent for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mfs Prudent Investor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Mfs Prudent Investor generated a negative expected return over the last 90 days | |
| The fund retains about 25.14% of its assets under management (AUM) in cash |
Mfs Prudent Technical Analysis
Mfs Prudent's future price can be derived by breaking down and analyzing its technical indicators over time. Mfs Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mfs Prudent Investor. In general, you should focus on analyzing Mfs Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Mfs Prudent Predictive Forecast Models
Mfs Prudent's time-series forecasting models is one of many Mfs Prudent's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Mfs Prudent's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Mfs Prudent Investor
Checking the ongoing alerts about Mfs Prudent for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mfs Prudent Investor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Mfs Prudent Investor generated a negative expected return over the last 90 days | |
| The fund retains about 25.14% of its assets under management (AUM) in cash |
Other Information on Investing in Mfs Mutual Fund
Mfs Prudent financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs Prudent security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
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