MFS High Total Risk Alpha
| CMU Stock | | | USD 3.60 -0.03 -0.83% |
Technical inputs supporting the Total Risk Alpha indicator for MFS High Yield are shown here. The information is based on observed market data across timeframes. Coverage differences may occur across instruments and market segments. MFS High has a market cap of 91.77 M, operating margin of 86.45%, ROE of -0.02%. See
Trending Equities for additional portfolio context. The allocation summary reflects available position data. Portfolio metrics are derived from available position data. Reported data is organized for reference and does not imply a course of action. This includes a position in MFS High Yield. The allocation reflects this within the position set. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
MFS High Yield has current Total Risk Alpha of 0.1308. 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] |
| = | 0.1308 | |
| ER[a] | = | Expected return on investing in MFS High |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MFS High |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
MFS High Yield is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
23.59 of Maximum Drawdown per Total Risk Alpha. For MFS High Yield, Maximum Drawdown stands at
23.59 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare MFS High to Peers
Other Technical Indicators