Mfs Alabama Mutual Fund Forward View - Simple Regression
| MLALX Fund | USD 8.99 0.01 0.11% |
The Simple Regression reference data for Mfs Alabama is derived from the equity's published trading history. Forecast values and accuracy indicators are summarized on this page for reference.
The Simple Regression forecasted value of Mfs Alabama Municipal on the next trading day is expected to be 9.07 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.83.In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Mfs Alabama Municipal historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. All forecast values on this page for Mfs Alabama Municipal are Simple Regression reference data derived from historical price series. Simple Regression Price Forecast For the 18th of March 2026
Given 90 days horizon, the Simple Regression forecasted value of Mfs Alabama Municipal on the next trading day is expected to be 9.07 with a mean absolute deviation of 0.03 , mean absolute percentage error of 0.0014 , and the sum of the absolute errors of 1.83 .Please note that although there have been many attempts to predict Mfs Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Mfs Alabama's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
| Backtest Mfs Alabama | Mfs Alabama Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Mfs Alabama Municipal uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. At the moment, the model places downside around 8.89 and upside around 9.24 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Mfs Alabama mutual fund data series using in forecasting. Note that when a statistical model is used to represent Mfs Alabama mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 111.5212 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0299 |
| MAPE | Mean absolute percentage error | 0.0033 |
| SAE | Sum of the absolute errors | 1.8269 |
Other Forecasting Options for Mfs Alabama
For both new and experienced investors in Mfs, the ability to analyze Mfs Alabama's price movement is a fundamental investment skill. Price chart noise in Mfs Mutual Fund can create false signals and mislead investment decisions.Mfs Alabama Related Equities
The following equities are related to Mfs Alabama within the Muni Single State Long space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Mfs Alabama against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Mfs Alabama Market Strength Events
Tracking market strength indicators for Mfs Alabama helps investors understand the momentum dynamics of the mutual fund in real time. These signals support informed decisions about when to enter or exit positions in Mfs Alabama Municipal for maximum return potential.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 8.99 | |||
| Day Typical Price | 8.99 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Mfs Alabama Risk Indicators
Properly assessing Mfs Alabama's risk indicators is a prerequisite for building reliable price forecasts. Identifying and quantifying the risks associated with Mfs Alabama's allows investors to make better-informed decisions about accepting or hedging their exposure.
| Mean Deviation | 0.1072 | |||
| Semi Deviation | 0.0853 | |||
| Standard Deviation | 0.1702 | |||
| Variance | 0.029 | |||
| Downside Variance | 0.1062 | |||
| Semi Variance | 0.0073 | |||
| Expected Short fall | -0.16 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Mfs Alabama
A coverage review of Mfs Alabama Municipal helps investors see when the security is attracting above-average attention from contributors and market observers. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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