MFS Active Downside Variance
| MFSV Etf | | | 26.45 -0.17 -0.64% |
Historical market data for MFS Active Value forms the basis of the Downside Variance indicator shown here. Market data gaps can influence the computed indicator values.
Correlation Analysis provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. This includes a position in MFS Active Value. The position sits inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in real.
MFS Active Value has current Downside Variance of 0. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
MFS Active Value is rated
below average for downside variance relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers .
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Compare MFS Active to Peers
Other Technical Indicators