Mfs Blended Correlations
BRWJX Fund | USD 28.12 0.26 0.92% |
The correlation of Mfs Blended 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Mfs |
Moving together with Mfs Mutual Fund
0.71 | LFTFX | Mfs Lifetime 2065 | PairCorr |
0.71 | LFTJX | Mfs Lifetime 2065 | PairCorr |
0.71 | LFTGX | Mfs Lifetime 2065 | PairCorr |
0.72 | LFTHX | Mfs Lifetime 2065 | PairCorr |
0.72 | LFTMX | Mfs Lifetime 2065 | PairCorr |
0.71 | LFTNX | Mfs Lifetime 2065 | PairCorr |
0.71 | LFTKX | Mfs Lifetime 2065 | PairCorr |
0.71 | LFTLX | Mfs Lifetime 2065 | PairCorr |
0.71 | UIVIX | Mfs Intrinsic Value | PairCorr |
0.71 | UIVCX | Mfs Intrinsic Value | PairCorr |
0.71 | UIVPX | Mfs Intrinsic Value | PairCorr |
0.71 | UIVQX | Mfs Intrinsic Value | PairCorr |
0.71 | UIVNX | Mfs Intrinsic Value | PairCorr |
0.7 | UIVMX | Mfs Intrinsic Value | PairCorr |
0.71 | UIVVX | Mfs Intrinsic Value | PairCorr |
0.71 | UIVRX | Mfs Intrinsic Value | PairCorr |
0.7 | MKVCX | Mfs International Large | PairCorr |
0.7 | MKVBX | Mfs International Large | PairCorr |
0.7 | MKVDX | Mfs International Large | PairCorr |
0.7 | MKVIX | Mfs International Large | PairCorr |
0.7 | MKVHX | Mfs Series Trust | PairCorr |
0.72 | BRKBX | Mfs Blended Research | PairCorr |
0.72 | BRKCX | Mfs Blended Research | PairCorr |
0.72 | BRKAX | Mfs Blended Research | PairCorr |
0.66 | EMLBX | Mfs Emerging Markets | PairCorr |
0.68 | EMLAX | Mfs Emerging Markets | PairCorr |
Related Correlations Analysis
1.0 | 1.0 | 0.99 | 0.99 | 0.99 | 0.99 | MXIHX | ||
1.0 | 1.0 | 0.99 | 0.99 | 0.99 | 0.99 | TIILX | ||
1.0 | 1.0 | 0.99 | 0.99 | 0.99 | 1.0 | TIIHX | ||
0.99 | 0.99 | 0.99 | 1.0 | 0.99 | 1.0 | IBRIX | ||
0.99 | 0.99 | 0.99 | 1.0 | 0.99 | 1.0 | LIPNX | ||
0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.0 | NWXNX | ||
0.99 | 0.99 | 1.0 | 1.0 | 1.0 | 1.0 | SWRSX | ||
Risk-Adjusted Indicators
There is a big difference between Mfs Mutual Fund performing well and Mfs Blended Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Mfs Blended's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
MXIHX | 0.14 | 0.04 | (0.35) | 1.53 | 0.00 | 0.33 | 0.76 | |||
TIILX | 0.15 | 0.03 | (0.42) | 1.30 | 0.00 | 0.37 | 0.74 | |||
TIIHX | 0.15 | 0.03 | (0.41) | 1.41 | 0.00 | 0.37 | 0.75 | |||
IBRIX | 0.20 | 0.03 | (0.31) | 0.74 | 0.00 | 0.44 | 0.97 | |||
LIPNX | 0.19 | 0.04 | (0.33) | 1.21 | 0.00 | 0.52 | 0.95 | |||
NWXNX | 0.17 | 0.03 | (0.32) | 2.50 | 0.00 | 0.45 | 1.01 | |||
SWRSX | 0.19 | 0.04 | (0.33) | 5.01 | 0.00 | 0.48 | 1.07 |