Mfs Modity Correlations

Mutual Funds . USA . 
Fund . Mfs Modity Strategy
MCSRX Fund  USD 4.06  0.04  1.00%   
The current 90-days correlation between Mfs Modity Strategy and Calamos Global Equity is 0.29 (i.e., Modest diversification). The correlation of Mfs Modity 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 Modity Correlation With Market

Poor diversification

The correlation between Mfs Modity Strategy and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Modity Strategy and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Modity Strategy. 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 real.

Moving together with Mfs Mutual Fund

  0.91LFTFX Mfs Lifetime 2065PairCorr
  0.91LFTJX Mfs Lifetime 2065PairCorr
  0.91LFTGX Mfs Lifetime 2065PairCorr
  0.92LFTHX Mfs Lifetime 2065PairCorr
  0.92LFTMX Mfs Lifetime 2065PairCorr
  0.92LFTNX Mfs Lifetime 2065PairCorr
  0.92LFTKX Mfs Lifetime 2065PairCorr
  0.91LFTLX Mfs Lifetime 2065PairCorr
  0.86HYPPX Mfs High YieldPairCorr
  0.79UIVIX Mfs Intrinsic ValuePairCorr
  0.75UIVCX Mfs Intrinsic ValuePairCorr
  0.78UIVPX Mfs Intrinsic ValuePairCorr
  0.76UIVQX Mfs Intrinsic ValuePairCorr
  0.75UIVNX Mfs Intrinsic ValuePairCorr
  0.75UIVMX Mfs Intrinsic ValuePairCorr
  0.76UIVVX Mfs Intrinsic ValuePairCorr
  0.76UIVRX Mfs Intrinsic ValuePairCorr
  0.93MKVCX Mfs International LargePairCorr
  0.92MKVBX Mfs International LargePairCorr
  0.93MKVGX Mfs International LargePairCorr
  0.93MKVFX Mfs International LargePairCorr
  0.93MKVEX Mfs International LargePairCorr
  0.93MKVDX Mfs International LargePairCorr
  0.93MKVIX Mfs International LargePairCorr
  0.93MKVHX Mfs Series TrustPairCorr
  0.92BRKBX Mfs Blended ResearchPairCorr
  0.94BRKCX Mfs Blended ResearchPairCorr
  0.92BRKAX Mfs Blended ResearchPairCorr
  0.91EMLBX Mfs Emerging MarketsPairCorr
  0.91EMLAX Mfs Emerging MarketsPairCorr
  0.94BRKUX Mfs Blended ResearchPairCorr
  0.94BRKVX Mfs Blended ResearchPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Mfs Mutual Fund performing well and Mfs Modity 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 Modity'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY