Mfs Massachusetts Financials
MBMAX Fund | USD 10.36 0.02 0.19% |
Mfs |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Mfs Massachusetts Fund Summary
Mfs Massachusetts competes with Mfs Prudent, Mfs Prudent, Mfs Prudent, Mfs Prudent, and Mfs Prudent. The fund invests, under normal market conditions, at least 80 percent of its net assets in securities and other investments, the interest on which is exempt from federal income tax and personal income tax, if any, of Massachusetts. Interest from the funds investments may be subject to the federal alternative minimum tax. The adviser normally invests the funds assets primarily in municipal instruments.Specialization | Muni Massachusetts, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | MFS Municipal Series |
Mutual Fund Family | MFS |
Mutual Fund Category | Muni Massachusetts |
Benchmark | Dow Jones Industrial |
Phone | 800 225 2606 |
Currency | USD - US Dollar |
Mfs Massachusetts Key Financial Ratios
Mfs Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mfs Massachusetts's current stock value. Our valuation model uses many indicators to compare Mfs Massachusetts value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs Massachusetts competition to find correlations between indicators driving Mfs Massachusetts's intrinsic value. More Info.Mfs Massachusetts Municipal is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 600.08 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mfs Massachusetts' earnings, one of the primary drivers of an investment's value.Mfs Massachusetts Systematic Risk
Mfs Massachusetts' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mfs Massachusetts volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Mfs Massachusetts correlated with the market. If Beta is less than 0 Mfs Massachusetts generally moves in the opposite direction as compared to the market. If Mfs Massachusetts Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mfs Massachusetts is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mfs Massachusetts is generally in the same direction as the market. If Beta > 1 Mfs Massachusetts moves generally in the same direction as, but more than the movement of the benchmark.
Mfs Massachusetts December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mfs Massachusetts help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mfs Massachusetts Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mfs Massachusetts Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Mfs Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mfs Massachusetts's daily price indicators and compare them against related drivers.
Downside Deviation | 0.3488 | |||
Information Ratio | (0.55) | |||
Maximum Drawdown | 1.27 | |||
Value At Risk | (0.38) | |||
Potential Upside | 0.293 |
Other Information on Investing in Mfs Mutual Fund
Mfs Massachusetts financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs Massachusetts security.
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