Mfs Series Trust Fund Market Value

MAMPX Fund  USD 20.74  0.12  0.58%   
Mfs Series' market value is the price at which a share of Mfs Series trades on a public exchange. It measures the collective expectations of Mfs Series Trust investors about its performance. Mfs Series is trading at 20.74 as of the 23rd of December 2024; that is 0.58 percent increase since the beginning of the trading day. The fund's open price was 20.62.
With this module, you can estimate the performance of a buy and hold strategy of Mfs Series Trust and determine expected loss or profit from investing in Mfs Series over a given investment horizon. Check out Mfs Series Correlation, Mfs Series Volatility and Mfs Series Alpha and Beta module to complement your research on Mfs Series.
Symbol

Please note, there is a significant difference between Mfs Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mfs Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mfs Series' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Mfs Series 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Mfs Series' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Mfs Series.
0.00
01/03/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/23/2024
0.00
If you would invest  0.00  in Mfs Series on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Mfs Series Trust or generate 0.0% return on investment in Mfs Series over 720 days. Mfs Series is related to or competes with Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, and Mfs Lifetime. The fund is designed to provide diversification among different asset classes by investing its assets in other mutual fu... More

Mfs Series Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mfs Series' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Mfs Series Trust upside and downside potential and time the market with a certain degree of confidence.

Mfs Series Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs Series' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mfs Series' standard deviation. In reality, there are many statistical measures that can use Mfs Series historical prices to predict the future Mfs Series' volatility.
Hype
Prediction
LowEstimatedHigh
20.3320.7421.15
Details
Intrinsic
Valuation
LowRealHigh
20.4020.8121.22
Details

Mfs Series Trust Backtested Returns

Mfs Series Trust has Sharpe Ratio of -0.0667, which conveys that the entity had a -0.0667% return per unit of risk over the last 3 months. Mfs Series exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mfs Series' Mean Deviation of 0.299, risk adjusted performance of (0.06), and Standard Deviation of 0.4091 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mfs Series' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mfs Series is expected to be smaller as well.

Auto-correlation

    
  0.34  

Below average predictability

Mfs Series Trust has below average predictability. Overlapping area represents the amount of predictability between Mfs Series time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mfs Series Trust price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Mfs Series price fluctuation can be explain by its past prices.
Correlation Coefficient0.34
Spearman Rank Test0.43
Residual Average0.0
Price Variance0.54

Mfs Series Trust lagged returns against current returns

Autocorrelation, which is Mfs Series mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Mfs Series' mutual fund expected returns. We can calculate the autocorrelation of Mfs Series returns to help us make a trade decision. For example, suppose you find that Mfs Series has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Mfs Series regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Mfs Series mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mfs Series mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mfs Series mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Mfs Series Lagged Returns

When evaluating Mfs Series' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mfs Series mutual fund have on its future price. Mfs Series autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Mfs Series autocorrelation shows the relationship between Mfs Series mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mfs Series Trust.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Mfs Mutual Fund

Mfs Series 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 Series security.
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