MFS Competitors
| MFM Stock | USD 5.56 0.03 0.54% |
MFS Municipal vs Invesco Pennsylvania Correlation
Very poor diversification
The correlation between MFS Municipal Income and VPV is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MFS Municipal Income and VPV in the same portfolio, assuming nothing else is changed.
Moving together with MFS Stock
Moving against MFS Stock
| 0.74 | 55O1 | Apollo Investment Corp | PairCorr |
| 0.73 | MFG | Magellan Financial | PairCorr |
| 0.63 | BX | Blackstone Group Sell-off Trend | PairCorr |
| 0.6 | NP | Neptune Insurance | PairCorr |
| 0.48 | DMYY | dMY Squared Technology | PairCorr |
MFS Municipal Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between MFS Municipal and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of MFS and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of MFS Municipal Income does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between MFS Stock performing well and MFS Municipal Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze MFS Municipal's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ETX | 0.43 | (0.01) | (0.15) | 0.02 | 0.64 | 1.00 | 4.15 | |||
| HEIFX | 0.59 | 0.23 | 0.31 | 0.63 | 0.00 | 0.87 | 14.21 | |||
| PMM | 0.47 | 0.09 | (0.05) | (1.14) | 0.41 | 1.15 | 3.90 | |||
| MCR | 0.27 | 0.01 | (0.25) | 0.18 | 0.25 | 0.49 | 1.93 | |||
| SDVSX | 0.61 | 0.19 | 0.19 | 0.49 | 0.30 | 1.01 | 11.34 | |||
| SILVX | 0.45 | 0.09 | 0.05 | 0.29 | 0.25 | 1.21 | 2.82 | |||
| SDVGX | 0.61 | 0.19 | 0.19 | 0.50 | 0.28 | 1.01 | 11.18 | |||
| SGAPX | 0.91 | 0.15 | 0.09 | 0.40 | 0.81 | 1.28 | 18.68 | |||
| MQT | 0.35 | 0.08 | (0.09) | (0.26) | 0.40 | 0.92 | 2.51 | |||
| VPV | 0.36 | 0.07 | (0.11) | (0.73) | 0.31 | 1.05 | 2.96 |
Cross Equities Net Income Analysis
Compare MFS Municipal Income and related stocks such as Eaton Vance Municipal, Hennessy Equity And, and Putnam Managed Municipal Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ETX | 12.6 M | 12.6 M | 12.6 M | 12.6 M | 12.6 M | 12.6 M | (1.4 M) | 14.2 M | 9.2 M | 24.8 M | 10.1 M | (3.2 M) | (8.4 M) | 5.1 M | 6.6 M | 6 M | 5.6 M |
| PMM | 30.1 M | 68.9 M | (17.2 M) | 59.2 M | 24 M | 31.2 M | 11.8 M | 2.9 M | 46 M | 7.7 M | 32.8 M | (90.3 M) | 12.3 M | 67.2 M | 12.1 M | 13.9 M | 15.2 M |
| MCR | 29.5 M | 79.9 M | 21.3 M | 30.6 M | (10.1 M) | 40.2 M | 36 M | (7.3 M) | 53.4 M | 27.9 M | 3.8 M | (38.9 M) | 16.5 M | 29.9 M | 17.6 M | 15.8 M | 13.3 M |
| VPV | 29.5 M | 33.9 M | 33.9 M | (18.7 M) | 39.4 M | 516.5 K | 516.5 K | 10.8 M | 11.2 M | 3.6 M | 3.6 M | 2.7 M | (38.7 M) | 12.8 M | 12.8 M | 14.5 M | 15.2 M |
MFS Municipal Income and related stocks such as Eaton Vance Municipal, Hennessy Equity And, and Putnam Managed Municipal Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in MFS Municipal Income financial statement analysis. It represents the amount of money remaining after all of MFS Municipal Income operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.MFS Municipal Competitive Analysis
The better you understand MFS Municipal competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, MFS Municipal's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across MFS Municipal's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
MFS Municipal Competition Performance Charts
Five steps to successful analysis of MFS Municipal Competition
MFS Municipal's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by MFS Municipal Income in relation to its competition. MFS Municipal's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of MFS Municipal in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact MFS Municipal's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to MFS Municipal Income, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out MFS Municipal Correlation with its peers. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Will Asset Management & Custody Banks sector continue expanding? Could MFS diversify its offerings? Factors like these will boost the valuation of MFS Municipal. Expected growth trajectory for MFS significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every MFS Municipal data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.15) | Dividend Share 0.271 | Earnings Share 0.13 | Revenue Per Share | Quarterly Revenue Growth 0.014 |
Investors evaluate MFS Municipal Income using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating MFS Municipal's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause MFS Municipal's market price to deviate significantly from intrinsic value.
Understanding that MFS Municipal's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether MFS Municipal represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, MFS Municipal's market price signifies the transaction level at which participants voluntarily complete trades.
