Mfs Active International Etf Market Value
| MFSI Etf | 28.14 0.01 0.04% |
| Symbol | MFS |
The market value of MFS Active International is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS Active's value that differs from its market value or its book value, called intrinsic value, which is MFS Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS Active's market value can be influenced by many factors that don't directly affect MFS Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Active's 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 Active '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 Active's etf 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 Active.
| 03/11/2025 |
| 06/09/2025 |
If you would invest 0.00 in MFS Active on March 11, 2025 and sell it all today you would earn a total of 0.00 from holding MFS Active International or generate 0.0% return on investment in MFS Active over 90 days. MFS Active is related to or competes with Freedom Day, IShares MSCI, SmartETFs Dividend, Listed Funds, Vanguard Total, Matthews Emerging, and PIMCO RAFI. MFS Active is entity of United States. It is traded as Etf on NYSE exchange. More
MFS Active 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 Active's etf 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 Active International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0664 | |||
| Maximum Drawdown | 8.8 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.08 |
MFS Active Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MFS Active's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MFS Active's standard deviation. In reality, there are many statistical measures that can use MFS Active historical prices to predict the future MFS Active's volatility.| Risk Adjusted Performance | 0.1159 | |||
| Jensen Alpha | 0.0987 | |||
| Total Risk Alpha | 0.0994 | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | 0.1249 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MFS Active's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MFS Active International Backtested Returns
MFS Active is very steady at the moment. MFS Active International has Sharpe Ratio of 0.0957, which conveys that the entity had a 0.0957 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for MFS Active, which you can use to evaluate the volatility of the etf. Please verify MFS Active's Risk Adjusted Performance of 0.1159, mean deviation of 0.8983, and Market Risk Adjusted Performance of 0.1349 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The etf secures a Beta (Market Risk) of 0.76, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MFS Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding MFS Active is expected to be smaller as well.
Auto-correlation | -0.56 |
Good reverse predictability
MFS Active International has good reverse predictability. Overlapping area represents the amount of predictability between MFS Active time series from 11th of March 2025 to 25th of April 2025 and 25th of April 2025 to 9th of June 2025. 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 Active International price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current MFS Active price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
MFS Active International lagged returns against current returns
Autocorrelation, which is MFS Active etf'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 Active's etf expected returns. We can calculate the autocorrelation of MFS Active returns to help us make a trade decision. For example, suppose you find that MFS Active has exhibited high autocorrelation historically, and you observe that the etf 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 Active 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 Active etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MFS Active etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MFS Active etf over time.
Current vs Lagged Prices |
| Timeline |
MFS Active Lagged Returns
When evaluating MFS Active's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MFS Active etf have on its future price. MFS Active 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 Active autocorrelation shows the relationship between MFS Active etf current value and its past values and can show if there is a momentum factor associated with investing in MFS Active International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether MFS Active International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MFS Active's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mfs Active International Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Mfs Active International Etf:Check out MFS Active Correlation, MFS Active Volatility and MFS Active Alpha and Beta module to complement your research on MFS Active. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
MFS Active technical etf 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, etf market cycles, or different charting patterns.