Mfs Municipal Income Fund Statistic Functions Beta

XMFMX Fund  USD 6.27  0.02  0.32%   
Mfs Municipal statistic functions tool provides the execution environment for running the Beta function and other technical functions against Mfs Municipal. Mfs Municipal value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Mfs Municipal statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Mfs Municipal Income correlated with the market. If Beta is less than 0 Mfs Municipal generally moves in the opposite direction as compared to the market. If Mfs Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mfs Municipal Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mfs Municipal is generally in the same direction as the market. If Beta > 1 Mfs Municipal moves generally in the same direction as, but more than the movement of the benchmark.

Mfs Municipal Technical Analysis Modules

Most technical analysis of Mfs Municipal help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mfs from various momentum indicators to cycle indicators. When you analyze Mfs charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Mfs Municipal Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mfs Municipal Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mfs Municipal Income 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 Municipal's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Mfs Municipal's intrinsic value. In addition to deriving basic predictive indicators for Mfs Municipal, we also check how macroeconomic factors affect Mfs Municipal price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.896.276.65
Details
Intrinsic
Valuation
LowRealHigh
5.565.946.32
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mfs Municipal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mfs Municipal's short interest history, or implied volatility extrapolated from Mfs Municipal options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Mfs Mutual Fund

Mfs Municipal 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 Municipal security.
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