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.
  
Check out Trending Equities to better understand how to build diversified portfolios. 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 bureau of economic analysis.

Moving together with Mfs Mutual Fund

  0.71LFTFX Mfs Lifetime 2065PairCorr
  0.71LFTJX Mfs Lifetime 2065PairCorr
  0.71LFTGX Mfs Lifetime 2065PairCorr
  0.72LFTHX Mfs Lifetime 2065PairCorr
  0.72LFTMX Mfs Lifetime 2065PairCorr
  0.71LFTNX Mfs Lifetime 2065PairCorr
  0.71LFTKX Mfs Lifetime 2065PairCorr
  0.71LFTLX Mfs Lifetime 2065PairCorr
  0.71UIVIX Mfs Intrinsic ValuePairCorr
  0.71UIVCX Mfs Intrinsic ValuePairCorr
  0.71UIVPX Mfs Intrinsic ValuePairCorr
  0.71UIVQX Mfs Intrinsic ValuePairCorr
  0.71UIVNX Mfs Intrinsic ValuePairCorr
  0.7UIVMX Mfs Intrinsic ValuePairCorr
  0.71UIVVX Mfs Intrinsic ValuePairCorr
  0.71UIVRX Mfs Intrinsic ValuePairCorr
  0.7MKVCX Mfs International LargePairCorr
  0.7MKVBX Mfs International LargePairCorr
  0.7MKVDX Mfs International LargePairCorr
  0.7MKVIX Mfs International LargePairCorr
  0.7MKVHX Mfs Series TrustPairCorr
  0.72BRKBX Mfs Blended ResearchPairCorr
  0.72BRKCX Mfs Blended ResearchPairCorr
  0.72BRKAX Mfs Blended ResearchPairCorr
  0.66EMLBX Mfs Emerging MarketsPairCorr
  0.68EMLAX Mfs Emerging MarketsPairCorr

Related Correlations Analysis


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.