Mfs Municipal Income Stock Price on May 18, 2023
If you're considering investing in MFS Stock, it is important to understand the factors that can impact its price. MFS Municipal Income has Sharpe Ratio of -0.0831, which conveys that the firm had a -0.0831% return per unit of standard deviation over the last 3 months. MFS Municipal exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MFS Municipal's Mean Deviation of 0.5229, market risk adjusted performance of (0.85), and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
MFS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MFS |
Sharpe Ratio = -0.0831
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Estimated Market Risk
0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MFS Municipal 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 Municipal by adding MFS Municipal to a well-diversified portfolio.
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.
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Price Boundaries
MFS Municipal Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
MFS Municipal Income cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Municipal January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how MFS Municipal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MFS Municipal shares will generate the highest return on investment. By undertsting and applying MFS Municipal stock market strength indicators, traders can identify MFS Municipal Income entry and exit signals to maximize returns
MFS Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MFS Municipal's price direction in advance. Along with the technical and fundamental analysis of MFS Stock 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 | (0.07) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.86) |
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Tools for MFS Stock
When running MFS Municipal's price analysis, check to measure MFS Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS Municipal is operating at the current time. Most of MFS Municipal's value examination focuses on studying past and present price action to predict the probability of MFS Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Municipal's price. Additionally, you may evaluate how the addition of MFS Municipal to your portfolios can decrease your overall portfolio volatility.
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