Mfs International Correlations

Mfs International Correlation With Market

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs International Diversification. 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 inflation.

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations    PTRQX + 1.0 JHBSX MFEKX + 0.99 FDTRX OIEJX + 0.93 MFEKX OIEJX + 0.91 FDTRX

High negative correlations    MFEKX - 0.73 JHBSX JHBSX - 0.73 FDTRX OIEJX - 0.72 JHBSX OIEJX - 0.71 PTRQX MFEKX - 0.71 PTRQX PTRQX - 0.71 FDTRX

Risk-Adjusted Indicators

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