Mfs Municipal Income Stock Price on November 24, 2024

MFM Stock  USD 5.54  0.01  0.18%   
Below is the normalized historical share price chart for MFS Municipal Income extending back to November 18, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MFS Municipal stands at 5.54, as last reported on the 25th of November, with the highest price reaching 5.54 and the lowest price hitting 5.51 during the day.
IPO Date
5th of November 1987
200 Day MA
5.4094
50 Day MA
5.63
Beta
0.559
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MFS Stock, it is important to understand the factors that can impact its price. As of now, MFS Stock is not too volatile. MFS Municipal Income has Sharpe Ratio of 0.0029, which conveys that the firm had a 0.0029% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for MFS Municipal, which you can use to evaluate the volatility of the firm. Please verify MFS Municipal's Mean Deviation of 0.4329, market risk adjusted performance of 0.053, and insignificant Risk Adjusted Performance to check out if the risk estimate we provide is consistent with the expected return of 0.0017%.
  
At this time, MFS Municipal's Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 322.9 M, while Common Stock Shares Outstanding is likely to drop about 45.2 M. . At this time, MFS Municipal's Price To Sales Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Earnings Ratio is likely to grow to 148.33, while Price To Operating Cash Flows Ratio is likely to drop 16.26. MFS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0029

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Estimated Market Risk

 0.58
  actual daily
5
95% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  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.
Price Book
0.9372
Price Sales
13.3333
Dividend Share
0.22
Earnings Share
0.17
Shares Short
32.7 K

Related Headline

CBH Headline on 25th of November 2024

Filed transaction by CBH Executive. Grant, award or other acquisition pursuant to Rule 16b-3

MFS Municipal Valuation on November 24, 2024

It is possible to determine the worth of MFS Municipal on a given historical date. On November 24, 2024 MFS was worth 5.54 at the beginning of the trading date compared to the closed value of 5.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MFS Municipal stock. Still, in general, we apply an absolute valuation method to find MFS Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MFS Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MFS Municipal's related companies.
 Open High Low Close Volume
  5.54    5.54    5.51    5.54    37,396  
11/25/2024
  5.54    5.54    5.51    5.54    0.00  
Backtest MFS Municipal  |  MFS Municipal History  |  MFS Municipal Valuation   Previous
Open Value
5.54
5.54
Closing Value
7.29
Upside

MFS Municipal Trading Date Momentum on November 24, 2024

On November 25 2024 MFS Municipal Income was traded for  5.54  at the closing time. Highest MFS Municipal's price during the trading hours was 5.54  and the lowest price during the day was  5.51 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not cause price change. The trading delta at closing time to current price is 0.00% .

MFS Municipal Income Fundamentals Correlations and Trends

By evaluating MFS Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MFS Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MFS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MFS Municipal Stock history

MFS Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MFS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MFS Municipal Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MFS Municipal stock prices may prove useful in developing a viable investing in MFS Municipal
Last ReportedProjected for Next Year
Common Stock Shares Outstanding47.4 M45.2 M
Net Loss-61.4 M-58.4 M

MFS Municipal Stock Technical Analysis

MFS Municipal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of MFS Municipal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MFS Municipal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MFS Municipal Period Price Range

Low
November 25, 2024
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High

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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 November 25, 2024 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.
When determining whether MFS Municipal Income is a strong investment it is important to analyze MFS Municipal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MFS Municipal's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal Income. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 Municipal. 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 Municipal 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
0.228
Dividend Share
0.22
Earnings Share
0.17
Revenue Per Share
0.415
Quarterly Revenue Growth
0.053
The market value of MFS Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is MFS Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect MFS Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS Municipal'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.