MFS INTERNATIONAL Total Risk Alpha
| MGRAX Fund | | | USD 46.19 -0.67 -1.43% |
This technical indicator view for Total Risk Alpha organizes signals for Mfs International Growth and comparable instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Review
Correlation Analysis to understand diversified portfolio construction. Refined allocation visibility enhances overall portfolio context. This suggests a position in Mfs International Growth inside the allocation mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Mfs International Growth has current Total Risk Alpha of 0.0253. 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] |
| = | 0.0253 | |
| ER[a] | = | Expected return on investing in MFS INTERNATIONAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MFS INTERNATIONAL |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
MFS INTERNATIONAL Total Risk Alpha Peers Comparison
MFS Total Risk Alpha Relative To Other Indicators
Mfs International Growth is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
173.79 of Maximum Drawdown per Total Risk Alpha. At
173.79 , Mfs International Growth's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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