Mfs Value Fund Statistic Functions Beta
| MEIIX Fund | USD 50.16 -0.39 -0.77% |
| Symbol |
This analysis covers twenty-five data points across the selected time horizon. The Beta measures systematic risk based on how returns on Mfs Value Fund correlated with the market. If Beta is less than 0 MFS VALUE generally moves in the opposite direction as compared to the market. If MFS VALUE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mfs Value Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MFS VALUE is generally in the same direction as the market. If Beta > 1 MFS VALUE moves generally in the same direction as, but more than the movement of the benchmark.
MFS VALUE Technical Analysis Modules
Technical analysis of MFS VALUE uses historical price and volume data to identify patterns that may signal where the MFS trend is heading. When multiple indicator categories align on the same directional signal for MFS, confidence in the setup increases.| Cycle Indicators | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Methodology, Assumptions & Data Sources
Below is MFS VALUE's Statistic Functions history. A strong fit to a straight line suggests the trend is dependable.
Inputs for Mfs Value Fund come from fund disclosures and market reference feeds and are mapped into a consistent schema for analysis. Some fields can appear with publication lag.