Mfs International Correlations

MKVEX Fund

USD 14.06 0.06 0.42%

The correlation of Mfs International 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 Correlation Analysis 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 income.

Moving together with Mfs Mutual Fund

0.79	DOXFX	Dodge Cox International	Pair Corr
0.84	OANIX	Oakmark International	Pair Corr
0.79	DODFX	Dodge International Stock	Pair Corr
0.84	OAKIX	Oakmark International	Pair Corr
0.78	OAYIX	Oakmark International	Pair Corr
0.78	OAZIX	Oakmark International	Pair Corr
0.79	FINVX	Fidelity Series Inte	Pair Corr
0.77	VTRIX	Vanguard International	Pair Corr
0.81	RRIGX	T Rowe Price	Pair Corr
0.72	KO	Coca Cola Aggressive Push	Pair Corr
0.72	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.63	VZ	Verizon Communications Aggressive Push	Pair Corr

Moving against Mfs Mutual Fund

0.5	LSHAX	Horizon Spin Off Steady Growth	Pair Corr
0.5	LSHUX	Horizon Spin Off Steady Growth	Pair Corr
0.62	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.48	DIS	Walt Disney Aggressive Push	Pair Corr
0.33	CSCO	Cisco Systems	Pair Corr
0.31	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Related Correlations Analysis

	LANIX	ADGAX	VOLJX	BOSVX	SILLX	LMUSX	TINAX	CCCCX
LANIX		0.92	0.86	0.79	0.93	0.98	0.15	0.82	LANIX
ADGAX	0.92		0.75	0.86	0.97	0.94	0.14	0.88	ADGAX
VOLJX	0.86	0.75		0.74	0.77	0.81	0.33	0.65	VOLJX
BOSVX	0.79	0.86	0.74		0.85	0.81	0.23	0.79	BOSVX
SILLX	0.93	0.97	0.77	0.85		0.93	0.2	0.82	SILLX
LMUSX	0.98	0.94	0.81	0.81	0.93		0.06	0.89	LMUSX
TINAX	0.15	0.14	0.33	0.23	0.2	0.06		0.12	TINAX
CCCCX	0.82	0.88	0.65	0.79	0.82	0.89	0.12		CCCCX
	LANIX	ADGAX	VOLJX	BOSVX	SILLX	LMUSX	TINAX	CCCCX

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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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LANIX	0.52	0.06	(0.06)	(4.41)	0.57	(0.55)	1.22	(0.87)	3.14
ADGAX	0.57	(0.02)	(0.03)	0.08	0.73	(0.59)	1.11	(1.59)	4.36
VOLJX	0.78	0.05	(0.04)	(0.40)	1.21	(0.75)	1.47	(2.02)	4.97
BOSVX	0.98	(0.04)	0.02	0.07	0.86	(1.16)	2.15	(1.62)	8.98
SILLX	0.58	(0.02)	(0.04)	0.08	0.73	(0.64)	1.44	(1.31)	3.90
LMUSX	0.63	0.12	0.02	(11.72)	0.75	(0.72)	1.52	(1.49)	4.15
TINAX	0.13	(0.01)	(0.44)	0.02	0.10	(0.18)	0.23	(0.23)	0.79
CCCCX	0.65	0.21	0.23	0.47	0.23	(0.81)	1.36	(0.88)	3.85

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Mfs International Correlations

Moving together with Mfs Mutual Fund

Moving against Mfs Mutual Fund

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Risk-Adjusted Indicators

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