Mfs Lifetime 2040 Fund Technical Analysis
| MLFAX Fund | USD 18.53 0.06 0.32% |
As of the 18th of April 2024, Mfs Lifetime secures the Risk Adjusted Performance of 0.053, downside deviation of 0.6107, and Mean Deviation of 0.4281. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mfs Lifetime 2040, 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 nineteen technical drivers for Mfs Lifetime, which can be compared to its peers in the industry. Please verify Mfs Lifetime 2040 information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Mfs Lifetime 2040 is priced some-what accurately, providing market reflects its recent price of 18.53 per share.
Mfs Lifetime 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 Lifetime 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 Lifetime 2040 Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Lifetime 2040 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mfs Lifetime 2040 Trend Analysis
Use this graph to draw trend lines for Mfs Lifetime 2040. You can use it to identify possible trend reversals for Mfs Lifetime 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 Lifetime price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mfs Lifetime Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mfs Lifetime 2040 applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Mfs Lifetime 2040 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11.42, which is the sum of squared deviations for the predicted Mfs Lifetime price change compared to its average price change.About Mfs Lifetime 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 Lifetime 2040 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 Lifetime 2040 based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mfs Lifetime 2040 price pattern first instead of the macroeconomic environment surrounding Mfs Lifetime 2040. By analyzing Mfs Lifetime'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 Lifetime'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 Lifetime specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mfs Lifetime April 18, 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 | 0.053 | |||
| Market Risk Adjusted Performance | 0.0546 | |||
| Mean Deviation | 0.4281 | |||
| Semi Deviation | 0.5445 | |||
| Downside Deviation | 0.6107 | |||
| Coefficient Of Variation | 1153.93 | |||
| Standard Deviation | 0.5437 | |||
| Variance | 0.2957 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.0008) | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0446 | |||
| Maximum Drawdown | 2.34 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 0.8179 | |||
| Downside Variance | 0.373 | |||
| Semi Variance | 0.2965 | |||
| Expected Short fall | (0.42) | |||
| Skewness | (0.37) | |||
| Kurtosis | (0.21) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Lifetime 2040. 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 Lifetime 2040 information on this page should be used as a complementary analysis to other Mfs Lifetime'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.