Mfs Massachusetts Municipal Fund Buy Hold or Sell Recommendation

MBMAX Fund  USD 10.22  0.01  0.1%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Mfs Massachusetts Municipal is 'Cautious Hold'. Macroaxis provides Mfs Massachusetts buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MBMAX positions. The advice algorithm takes into account all of Mfs Massachusetts' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Mfs Massachusetts' buy or sell advice are summarized below:
Real Value
10.22
Hype Value
10.22
Market Value
10.22
Naive Value
10.2
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Mfs Massachusetts Municipal given historical horizon and risk tolerance towards Mfs Massachusetts. When Macroaxis issues a 'buy' or 'sell' recommendation for Mfs Massachusetts Municipal, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Mfs Massachusetts Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Mfs and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Mfs Massachusetts Municipal. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Mfs Massachusetts Buy or Sell Advice

The Mfs recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mfs Massachusetts Municipal. Macroaxis does not own or have any residual interests in Mfs Massachusetts Municipal or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mfs Massachusetts' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Mfs MassachusettsBuy Mfs Massachusetts
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Mfs Massachusetts Municipal has a Mean Deviation of 0.1186, Semi Deviation of 0.1584, Standard Deviation of 0.1831, Variance of 0.0335, Downside Variance of 0.0572 and Semi Variance of 0.0251
Our investment recommendation tool can cross-verify current analyst consensus on Mfs Massachusetts Municipal and to analyze the entity potential to grow in the current economic cycle. Please exercise Mfs Massachusetts number of employees, three year return, as well as the relationship between the Three Year Return and cash position weight to make buy, hold, or sell decision on Mfs Massachusetts Municipal.

Mfs Massachusetts Trading Alerts and Improvement Suggestions

Mfs Massachusetts generated a negative expected return over the last 90 days
The fund generated three year return of -2.0%
Mfs Massachusetts maintains about 7.16% of its assets in cash

Mfs Massachusetts Returns Distribution Density

The distribution of Mfs Massachusetts' historical returns is an attempt to chart the uncertainty of Mfs Massachusetts' future price movements. The chart of the probability distribution of Mfs Massachusetts daily returns describes the distribution of returns around its average expected value. We use Mfs Massachusetts Municipal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mfs Massachusetts returns is essential to provide solid investment advice for Mfs Massachusetts.
Mean Return
0.0002
Value At Risk
-0.29
Potential Upside
0.20
Standard Deviation
0.18
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mfs Massachusetts historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Mfs Massachusetts Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mfs Massachusetts or MFS sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mfs Massachusetts' price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mfs fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.02
β
Beta against NYSE Composite0.11
σ
Overall volatility
0.19
Ir
Information ratio -0.73

Mfs Massachusetts Volatility Alert

Mfs Massachusetts Municipal exhibits very low volatility with skewness of 0.18 and kurtosis of 3.43. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mfs Massachusetts' mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mfs Massachusetts' mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Mfs Massachusetts Fundamentals Vs Peers

Comparing Mfs Massachusetts' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mfs Massachusetts' direct or indirect competition across all of the common fundamentals between Mfs Massachusetts and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mfs Massachusetts or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Mfs Massachusetts' fundamental indicators could also be used in its relative valuation, which is a method of valuing Mfs Massachusetts by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Mfs Massachusetts to competition
FundamentalsMfs MassachusettsPeer Average
Annual Yield0 %0.29 %
Year To Date Return0.16 %0.39 %
One Year Return3.11 %4.15 %
Three Year Return(1.54) %3.60 %
Five Year Return0.32 %3.24 %
Ten Year Return2.59 %1.79 %
Net Asset399.89 M4.11 B
Last Dividend Paid0.010.65
Cash Position Weight7.16 %10.61 %
Bond Positions Weight4.40 %11.24 %

Mfs Massachusetts Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mfs . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Mfs Massachusetts Buy or Sell Advice

When is the right time to buy or sell Mfs Massachusetts Municipal? Buying financial instruments such as Mfs Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Mfs Massachusetts in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Steel Works Etc Thematic Idea Now

Steel Works Etc
Steel Works Etc Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 53 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Steel Works Etc Theme or any other thematic opportunities.
View All  Next Launch
Check out Mfs Massachusetts Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Mfs Massachusetts information on this page should be used as a complementary analysis to other Mfs Massachusetts' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Mfs Mutual Fund analysis

When running Mfs Massachusetts' price analysis, check to measure Mfs Massachusetts' 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 Massachusetts is operating at the current time. Most of Mfs Massachusetts' value examination focuses on studying past and present price action to predict the probability of Mfs Massachusetts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mfs Massachusetts' price. Additionally, you may evaluate how the addition of Mfs Massachusetts to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Commodity Directory
Find actively traded commodities issued by global exchanges
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Please note, there is a significant difference between Mfs Massachusetts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mfs Massachusetts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mfs Massachusetts' 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.