Mfs Maryland Financials

MBMDX Fund  USD 10.17  0.02  0.20%   
You can make use of Mfs Maryland Municipal fundamental data analysis to find out if markets are presently mispricing the entity. We were able to break down thirteen available fundamentals for Mfs Maryland, which can be compared to its peers in the industry. The fund experiences a normal upward fluctuation. Check odds of Mfs Maryland to be traded at $10.68 in 90 days.
  
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 Maryland Fund Summary

Mfs Maryland competes with Nuveen Minnesota, Gamco Global, Morningstar Municipal, T Rowe, and Ishares Municipal. 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 Maryland. 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 Single State Long, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressMFS Municipal Series
Mutual Fund FamilyMFS
Mutual Fund CategoryMuni Single State Long
BenchmarkDow Jones Industrial
Phone800 225 2606
CurrencyUSD - US Dollar

Mfs Maryland Key Financial Ratios

Mfs Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mfs Maryland's current stock value. Our valuation model uses many indicators to compare Mfs Maryland value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mfs Maryland competition to find correlations between indicators driving Mfs Maryland's intrinsic value. More Info.
Mfs Maryland 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  585.59  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 Maryland's earnings, one of the primary drivers of an investment's value.

Mfs Maryland Municipal Systematic Risk

Mfs Maryland's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mfs Maryland 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 Maryland Municipal correlated with the market. If Beta is less than 0 Mfs Maryland generally moves in the opposite direction as compared to the market. If Mfs Maryland Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mfs Maryland Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mfs Maryland is generally in the same direction as the market. If Beta > 1 Mfs Maryland moves generally in the same direction as, but more than the movement of the benchmark.
Mfs Maryland Municipal is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni Single State Long category is currently estimated at about 7.49 Billion. Mfs Maryland claims roughly 128.32 Million in net asset contributing just under 2% to funds under Muni Single State Long category.

Mfs Maryland November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mfs Maryland help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mfs Maryland Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mfs Maryland 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 Maryland's daily price indicators and compare them against related drivers.

Other Information on Investing in Mfs Mutual Fund

Mfs Maryland 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 Maryland security.
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