Mfs Massachusetts Municipal Fund Price on November 27, 2024
| MBMAX Fund | USD 10.37 0.01 0.1% |
Below is the normalized historical share price chart for Mfs Massachusetts Municipal extending back to March 21, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mfs Massachusetts stands at 10.37, as last reported on the 12th of December 2024, with the highest price reaching 10.37 and the lowest price hitting 10.37 during the day.
If you're considering investing in Mfs Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mfs Mutual Fund to be very steady. Mfs Massachusetts has Sharpe Ratio of 0.0078, which conveys that the entity had a 0.0078% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mfs Massachusetts, which you can use to evaluate the volatility of the fund. Please verify Mfs Massachusetts' Mean Deviation of 0.1345, downside deviation of 0.3224, and Risk Adjusted Performance of (0.02) to check out if the risk estimate we provide is consistent with the expected return of 0.0018%.
Mfs Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mfs |
Sharpe Ratio = 0.0078
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| Negative Returns | MBMAX |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mfs Massachusetts is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mfs Massachusetts by adding Mfs Massachusetts to a well-diversified portfolio.
Mfs Massachusetts Valuation on November 27, 2024
It is possible to determine the worth of Mfs Massachusetts on a given historical date. On November 27, 2024 Mfs was worth 10.34 at the beginning of the trading date compared to the closed value of 10.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mfs Massachusetts mutual fund. Still, in general, we apply an absolute valuation method to find Mfs Massachusetts' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mfs Massachusetts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mfs Massachusetts' related companies.
| Open | High | Low | Close | Volume | |
| 10.32 | 10.32 | 10.32 | 10.32 | 1.00 | |
11/27/2024 | 10.34 | 10.34 | 10.34 | 10.34 | 1.00 |
| 10.36 | 10.36 | 10.36 | 10.36 | 1.00 |
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Mfs Massachusetts Trading Date Momentum on November 27, 2024
| On November 29 2024 Mfs Massachusetts Municipal was traded for 10.36 at the closing time. The highest daily price throughout the period was 10.36 and the lowest price was 10.36 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.19% . The trading delta at closing time to current closing price is 0.48% . |
Mfs Massachusetts Fundamentals Correlations and Trends
By evaluating Mfs Massachusetts' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mfs Massachusetts' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mfs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mfs Massachusetts Mutual Fund history
Mfs Massachusetts investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mfs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mfs Massachusetts will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mfs Massachusetts stock prices may prove useful in developing a viable investing in Mfs Massachusetts
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.
Mfs Massachusetts Mutual Fund Technical Analysis
Mfs Massachusetts technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Mfs Massachusetts Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Mfs Massachusetts Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Mfs Massachusetts December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Mfs Massachusetts mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mfs Massachusetts shares will generate the highest return on investment. By undertsting and applying Mfs Massachusetts mutual fund market strength indicators, traders can identify Mfs Massachusetts Municipal entry and exit signals to maximize returns
Mfs Massachusetts Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mfs Massachusetts' price direction in advance. Along with the technical and fundamental analysis of Mfs Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mfs to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | 0.0025 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.38) | |||
| Treynor Ratio | 0.0882 |
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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.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Global Correlations Find global opportunities by holding instruments from different markets |