Mfs Series Correlations
| MSRXX Fund | USD 1.00 0.00 0.00% |
The current 90-days correlation between Mfs Series Trust and Vanguard Total Stock is -0.37 (i.e., Very good diversification). The correlation of Mfs Series 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 Series Correlation With Market
Very good diversification
The correlation between Mfs Series Trust and DJI is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Series Trust and DJI in the same portfolio, assuming nothing else is changed.
Mfs |
Moving together with Mfs Money Market Fund
| 0.69 | T | ATT Inc Sell-off Trend | PairCorr |
Moving against Mfs Money Market Fund
| 0.7 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.32 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Mfs Money Market Fund performing well and Mfs Series Money Market 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 Series' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VTSAX | 0.56 | 0.01 | (0.01) | 0.13 | 0.65 | 1.10 | 4.11 | |||
| VFIAX | 0.54 | 0.09 | (0.04) | (6.66) | 0.66 | 1.17 | 3.84 | |||
| VTSMX | 0.56 | 0.01 | (0.01) | 0.13 | 0.65 | 1.10 | 4.11 | |||
| VITSX | 0.56 | 0.01 | (0.01) | 0.13 | 0.65 | 1.10 | 4.11 | |||
| VSTSX | 0.56 | 0.01 | (0.01) | 0.13 | 0.65 | 1.10 | 4.11 | |||
| VSMPX | 0.56 | 0.01 | (0.01) | 0.13 | 0.65 | 1.10 | 4.11 | |||
| VFINX | 0.54 | 0.09 | (0.04) | (6.73) | 0.66 | 1.17 | 3.84 | |||
| VFFSX | 0.54 | 0.00 | (0.02) | 0.12 | 0.66 | 1.17 | 3.84 | |||
| VGTSX | 0.62 | (0.11) | 0.00 | (0.13) | 0.00 | 1.15 | 4.09 | |||
| VTIAX | 0.62 | (0.11) | 0.00 | (0.12) | 0.00 | 1.15 | 4.11 |