Mfs California Municipal Fund Manager Performance Evaluation

MBCAX Fund  USD 5.55  0.01  0.18%   
The fund secures a Beta (Market Risk) of -0.0302, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mfs California are expected to decrease at a much lower rate. During the bear market, Mfs California is likely to outperform the market.

Risk-Adjusted Performance

Mild

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Mfs California Municipal are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Mfs California is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date29th of July 2025
Expense Ratio1.4000
  

Mfs California Relative Risk vs. Return Landscape

If you would invest  552.00  in Mfs California Municipal on November 6, 2025 and sell it today you would earn a total of  3.00  from holding Mfs California Municipal or generate 0.54% return on investment over 90 days. Mfs California Municipal is currently producing 0.0091% returns and takes up 0.1427% volatility of returns over 90 trading days. Put another way, 1% 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  
Assuming the 90 days horizon Mfs California is expected to generate 9.99 times less return on investment than the market. But when comparing it to its historical volatility, the company is 5.23 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

Mfs California Current Valuation

Fairly Valued
Today
5.55
Please note that Mfs California's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mfs California Municipal secures a last-minute Real Value of $5.49 per share. The latest price of the fund is $5.55. We determine the value of Mfs California 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 California is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mfs Mutual Fund. However, Mfs California'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  5.55 Real  5.49 Hype  5.55 Naive  5.54
The intrinsic value of Mfs California'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 California'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.
5.49
Real Value
5.63
Upside
Estimating the potential upside or downside of Mfs California 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 California more accurately as focusing exclusively on Mfs California's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.525.545.57
Details
Hype
Prediction
LowEstimatedHigh
5.415.555.69
Details
Naive
Forecast
LowNext ValueHigh
5.395.545.68
Details
Below is the normalized historical share price chart for Mfs California Municipal extending back to September 07, 1993. 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 California stands at 5.55, as last reported on the 4th of February, with the highest price reaching 5.55 and the lowest price hitting 5.55 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Mfs California Target Price Odds to finish over Current Price

The tendency of Mfs Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 5.55 90 days 5.55 
about 7.95
Based on a normal probability distribution, the odds of Mfs California to move above the current price in 90 days from now is about 7.95 (This Mfs California Municipal probability density function shows the probability of Mfs Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Mfs California Municipal has a beta of -0.0302. This indicates as returns on the benchmark increase, returns on holding Mfs California are expected to decrease at a much lower rate. During a bear market, however, Mfs California Municipal is likely to outperform the market. Additionally Mfs California Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Mfs California Price Density   
       Price  

Predictive Modules for Mfs California

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mfs California Municipal. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
5.415.555.69
Details
Intrinsic
Valuation
LowRealHigh
5.355.495.63
Details
Naive
Forecast
LowNextHigh
5.395.545.68
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.525.545.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mfs California. Your research has to be compared to or analyzed against Mfs California's peers to derive any actionable benefits. When done correctly, Mfs California's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mfs California Municipal.

Mfs California Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Mfs California is not an exception. The market had few large corrections towards the Mfs California's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Mfs California Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mfs California within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.0028
β
Beta against Dow Jones-0.03
σ
Overall volatility
0.01
Ir
Information ratio -0.41

Mfs California Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Mfs California for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mfs California Municipal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund generated five year return of 0.0%
Mfs California Municipal maintains about 5.4% of its assets in bonds

Mfs California Fundamentals Growth

Mfs Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mfs California, and Mfs California 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.

About Mfs California Performance

Evaluating Mfs California's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mfs California 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 California 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 California. 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 California Municipal performance evaluation

Checking the ongoing alerts about Mfs California for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mfs California 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 five year return of 0.0%
Mfs California Municipal maintains about 5.4% of its assets in bonds
Evaluating Mfs California's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Mfs California's mutual fund performance include:
  • Analyzing Mfs California'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 California's stock is overvalued or undervalued compared to its peers.
  • Examining Mfs California'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 California's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mfs California's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Mfs California's mutual fund. These opinions can provide insight into Mfs California's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Mfs California's mutual fund performance is not an exact science, and many factors can impact Mfs California's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Mfs Mutual Fund

Mfs California 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 California security.
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