Eversource Energy Q3 2024 Earnings Call Transcript

MMUBX Fund  USD 24.79  0.03  0.12%   
Slightly above 55% of Mfs Utilities' investor base is interested to short. The analysis of overall sentiment of trading Mfs Utilities Fund mutual fund suggests that many investors are impartial at this time. Mfs Utilities' investing sentiment can be driven by a variety of factors including economic data, Mfs Utilities' earnings reports, geopolitical events, and overall market trends.
  
Operator Good morning, and thank you for attending the Eversource Energy Q3 2024 Earnings Call. My name is Alyssa , and I will be your moderator today.

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Mfs Utilities Fundamental Analysis

We analyze Mfs Utilities' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mfs Utilities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mfs Utilities based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Ten Year Return

Ten Year Return Comparative Analysis

Mfs Utilities is currently under evaluation in ten year return among similar funds. Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.

Mfs Utilities Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mfs Utilities mutual fund to make a market-neutral strategy. Peer analysis of Mfs Utilities could also be used in its relative valuation, which is a method of valuing Mfs Utilities by comparing valuation metrics with similar companies.

Peers

Mfs Utilities Related Equities

VGASVerde Clean   1.18   
0%
88.0%
SRSpire   0.11   
0%
8.0%
AYAtlantica Sustainable   0.09   
0%
6.0%
ESEversource Energy   0.15   
11.0%
0%
FEFirstEnergy   0.16   
12.0%
0%
NINiSource   0.42   
31.0%
0%
DDominion Energy   0.47   
35.0%
0%
SOSouthern   0.68   
51.0%
0%
EDConsolidated Edison   0.97   
72.0%
0%
HEHawaiian Electric   1.33   
100.0%
0%

Other Information on Investing in Mfs Mutual Fund

Mfs Utilities 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 Utilities security.
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