Mfs Alabama Municipal Fund Manager Performance Evaluation
| MBABX Fund | USD 9.58 0.02 0.21% |
The fund secures a Beta (Market Risk) of -0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mfs Alabama are expected to decrease at a much lower rate. During the bear market, Mfs Alabama is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Mfs Alabama Municipal are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental drivers, Mfs Alabama is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of July 2022 | |
| Expense Ratio | 1.6500 |
Mfs |
Mfs Alabama Relative Risk vs. Return Landscape
If you would invest 948.00 in Mfs Alabama Municipal on August 29, 2024 and sell it today you would earn a total of 8.00 from holding Mfs Alabama Municipal or generate 0.84% return on investment over 90 days. Mfs Alabama Municipal is currently producing 0.0135% returns and takes up 0.2885% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Mfs, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mfs Alabama Current Valuation
Overvalued
Today
Please note that Mfs Alabama's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Mfs Alabama Municipal secures a last-minute Real Value of $9.23 per share. The latest price of the fund is $9.58. We determine the value of Mfs Alabama Municipal from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Mfs Alabama is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mfs Mutual Fund. However, Mfs Alabama's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.58 | Real 9.23 | Hype 9.58 | Naive 9.57 |
The intrinsic value of Mfs Alabama's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Mfs Alabama's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Mfs Alabama Municipal helps investors to forecast how Mfs mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Mfs Alabama more accurately as focusing exclusively on Mfs Alabama's fundamentals will not take into account other important factors: Mfs Alabama Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mfs Alabama's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mfs Alabama Municipal, and traders can use it to determine the average amount a Mfs Alabama's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0469
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MBABX |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mfs Alabama is performing at about 3% of its full potential. 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 Alabama by adding it to a well-diversified portfolio.
Mfs Alabama Fundamentals Growth
Mfs Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mfs Alabama, and Mfs Alabama fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mfs Mutual Fund performance.
| Total Asset | 60 K | |||
About Mfs Alabama Performance
Evaluating Mfs Alabama's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mfs Alabama has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mfs Alabama has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 Alabama. 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.Things to note about Mfs Alabama Municipal performance evaluation
Checking the ongoing alerts about Mfs Alabama for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mfs Alabama Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Mfs Alabama Municipal maintains about 7.04% of its assets in cash |
- Analyzing Mfs Alabama's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mfs Alabama's stock is overvalued or undervalued compared to its peers.
- Examining Mfs Alabama's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mfs Alabama's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mfs Alabama's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mfs Alabama's mutual fund. These opinions can provide insight into Mfs Alabama's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mfs Mutual Fund
Mfs Alabama 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 Alabama security.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |