Mfs Intermediate Income Stock Beta
| MIN Stock | USD 2.72 0.03 1.12% |
MFS Intermediate Income fundamentals help investors to digest information that contributes to MFS Intermediate's financial success or failures. It also enables traders to predict the movement of MFS Stock. The fundamental analysis module provides a way to measure MFS Intermediate's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MFS Intermediate stock.
MFS | Beta |
MFS Intermediate Income Company Beta Analysis
MFS Intermediate's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current MFS Intermediate Beta | 0.29 |
Most of MFS Intermediate's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MFS Intermediate Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MFS Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for MFS Intermediate is extremely important. It helps to project a fair market value of MFS Stock properly, considering its historical fundamentals such as Beta. Since MFS Intermediate's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MFS Intermediate's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MFS Intermediate's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, MFS Intermediate Income has a Beta of 0.294. This is 64.15% lower than that of the Capital Markets sector and 75.9% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
MFS Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MFS Intermediate's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MFS Intermediate could also be used in its relative valuation, which is a method of valuing MFS Intermediate by comparing valuation metrics of similar companies.MFS Intermediate is currently under evaluation in beta category among its peers.
MFS Intermediate Current Valuation Drivers
We derive many important indicators used in calculating different scores of MFS Intermediate from analyzing MFS Intermediate's financial statements. These drivers represent accounts that assess MFS Intermediate's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MFS Intermediate's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 432.4M | 419.9M | 316.0M | 294.1M | 338.3M | 535.2M | |
| Enterprise Value | 425.6M | 416.7M | 313.3M | 294.1M | 338.3M | 532.1M |
As returns on the market increase, MFS Intermediate's returns are expected to increase less than the market. However, during the bear market, the loss of holding MFS Intermediate is expected to be smaller as well.
MFS Fundamentals
| Return On Equity | 0.0114 | ||||
| Return On Asset | 0.0184 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.81 % | ||||
| Current Valuation | 300.64 M | ||||
| Shares Outstanding | 114.01 M | ||||
| Shares Owned By Institutions | 51.19 % | ||||
| Number Of Shares Shorted | 338.46 K | ||||
| Price To Earning | 11.80 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 25.38 X | ||||
| Revenue | 10.22 M | ||||
| Gross Profit | 10.78 M | ||||
| EBITDA | 9.65 M | ||||
| Net Income | 9.65 M | ||||
| Cash And Equivalents | 1.89 K | ||||
| Total Debt | 4.85 M | ||||
| Current Ratio | 2.25 X | ||||
| Book Value Per Share | 2.81 X | ||||
| Short Ratio | 2.24 X | ||||
| Earnings Per Share | 0.02 X | ||||
| Target Price | 2.4 | ||||
| Beta | 0.29 | ||||
| Market Capitalization | 309.54 M | ||||
| Total Asset | 325.36 M | ||||
| Retained Earnings | (42.06 M) | ||||
| Annual Yield | 0.09 % | ||||
| Five Year Return | 9.37 % | ||||
| Net Asset | 325.36 M | ||||
| Last Dividend Paid | 0.25 |
About MFS Intermediate Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MFS Intermediate Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MFS Intermediate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MFS Intermediate Income based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Please read more on our fundamental analysis page.
Pair Trading with MFS Intermediate
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MFS Intermediate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MFS Intermediate will appreciate offsetting losses from the drop in the long position's value.Moving against MFS Stock
| 0.54 | DIST | Distoken Acquisition | PairCorr |
| 0.49 | MA | Mastercard | PairCorr |
| 0.46 | DYCQ | DT Cloud Acquisition | PairCorr |
| 0.45 | V | Visa Class A | PairCorr |
The ability to find closely correlated positions to MFS Intermediate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MFS Intermediate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MFS Intermediate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MFS Intermediate Income to buy it.
The correlation of MFS Intermediate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MFS Intermediate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Intermediate Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MFS Intermediate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out MFS Intermediate Piotroski F Score and MFS Intermediate Altman Z Score analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS Intermediate. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS Intermediate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 0.247 | Earnings Share 0.02 | Revenue Per Share 0.107 | Quarterly Revenue Growth 0.113 |
The market value of MFS Intermediate Income is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS Intermediate's value that differs from its market value or its book value, called intrinsic value, which is MFS Intermediate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS Intermediate's market value can be influenced by many factors that don't directly affect MFS Intermediate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Intermediate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.