Mfs California Municipal Fund Analysis

MBCAX Fund  USD 5.68  0.01  0.18%   
Mfs California Municipal is fairly valued with Real Value of 5.66 and Hype Value of 5.68. The main objective of Mfs California fund analysis is to determine its intrinsic value, which is an estimate of what Mfs California Municipal is worth, separate from its market price. There are two main types of Mfs Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Mfs California Municipal. On the other hand, technical analysis, focuses on the price and volume data of Mfs Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Mfs California mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs California Municipal. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Mfs Mutual Fund Analysis Notes

The fund maintains about 5.4% of assets in bonds. Mfs California Municipal last dividend was 0.01 per share. Large To find out more about Mfs California Municipal contact the company at 800-225-2606.

Mfs California Municipal Investment Alerts

The fund generated three year return of -1.0%
Mfs California Municipal maintains about 5.4% of its assets in bonds

Mfs Market Capitalization

The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mfs California's market, we take the total number of its shares issued and multiply it by Mfs California's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 5th of December, Mfs California secures the Downside Deviation of 0.4654, risk adjusted performance of 0.0357, and Mean Deviation of 0.1644. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mfs California Municipal, as well as the relationship between them.

Mfs California Municipal Price Movement Analysis

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The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mfs California middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mfs California Municipal. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Mfs California Predictive Daily Indicators

Mfs California intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mfs California mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Mfs California Forecast Models

Mfs California's time-series forecasting models are one of many Mfs California's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mfs California's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Mfs Mutual Fund Analysis

Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Mfs California prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mfs shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Mfs California. By using and applying Mfs Mutual Fund analysis, traders can create a robust methodology for identifying Mfs entry and exit points for their positions.
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.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Mfs California to your portfolios without increasing risk or reducing expected return.

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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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