MFS INTERNATIONAL Total Risk Alpha
| MDIJX Fund | | | USD 27.10 -0.63 -2.27% |
Observed values used in the Total Risk Alpha indicator for Mfs International Diversification are included in this dataset. The underlying data comes from exchange-reported trading records. Diversification context is available through
Correlation Analysis. Allocation context can improve visibility into portfolio balance. Diversification context is built from the relationships between portfolio holdings. A position in Mfs International Diversification is part of the allocation. This appears in the portfolio view. Portfolio construction methods define how positions are sized. 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.
Mfs International Diversification has current Total Risk Alpha of 0.0745. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0745 | |
| ER[a] | = | Expected return on investing in MFS INTERNATIONAL |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on MFS INTERNATIONAL |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Mfs International Diversification is rated
third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
65.68 of Maximum Drawdown per Total Risk Alpha. At
65.68 , Mfs International Diversification's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare MFS INTERNATIONAL to Peers
Other Technical Indicators