Mfs Blended Correlations
| BRXTX Fund | USD 15.89 0.09 0.57% |
The current 90-days correlation between Mfs Blended Research and Prudential Government Money is 0.27 (i.e., Modest diversification). The correlation of Mfs Blended 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 Blended Correlation With Market
Good diversification
The correlation between Mfs Blended Research and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Blended Research and DJI in the same portfolio, assuming nothing else is changed.
Mfs |
Moving together with Mfs Mutual Fund
| 0.87 | UIVCX | Mfs Intrinsic Value | PairCorr |
| 0.88 | UIVQX | Mfs Intrinsic Value | PairCorr |
| 0.93 | BRSTX | Mfs Blended Research | PairCorr |
| 0.98 | MNWTX | Mfs Managed Wealth | PairCorr |
| 0.9 | NDVCX | Mfs New Discovery | PairCorr |
| 0.63 | MRGAX | Mfs E Equity | PairCorr |
| 0.61 | MAAFX | Mfs Aggressive Growth | PairCorr |
| 0.98 | MDIZX | Mfs International | PairCorr |
| 0.84 | MEDIX | Mfs Emerging Markets | PairCorr |
| 0.85 | MEIKX | Mfs Value Fund | PairCorr |
| 0.85 | MEIIX | Mfs Value Fund | PairCorr |
| 0.61 | MEMCX | Mfs Emerging Markets | PairCorr |
| 0.88 | MFEIX | Mfs Growth Fund | PairCorr |
| 0.62 | MFJTX | Mfs Lifetime 2060 | PairCorr |
| 0.62 | MFJUX | Mfs Lifetime 2060 | PairCorr |
| 0.62 | MFJAX | Mfs Lifetime 2060 | PairCorr |
| 0.62 | MFJBX | Mfs Lifetime 2060 | PairCorr |
| 0.87 | MGIAX | Mfs International Value | PairCorr |
| 0.76 | MGLAX | Mfs Global Real | PairCorr |
| 0.84 | MGLIX | Mfs Global Real | PairCorr |
| 0.99 | MIDHX | Mfs International New | PairCorr |
| 0.99 | VTSNX | Vanguard Total Inter | PairCorr |
| 0.88 | VTPSX | Vanguard Total Inter | PairCorr |
Related Correlations Analysis
| 0.48 | 0.03 | 0.25 | 0.22 | 0.66 | 0.57 | PBMXX | ||
| 0.48 | 0.7 | 0.83 | 0.85 | 0.94 | 0.93 | RFBAX | ||
| 0.03 | 0.7 | 0.86 | 0.87 | 0.52 | 0.63 | CGTFX | ||
| 0.25 | 0.83 | 0.86 | 0.98 | 0.67 | 0.8 | AUGAX | ||
| 0.22 | 0.85 | 0.87 | 0.98 | 0.69 | 0.8 | FICMX | ||
| 0.66 | 0.94 | 0.52 | 0.67 | 0.69 | 0.94 | SIGVX | ||
| 0.57 | 0.93 | 0.63 | 0.8 | 0.8 | 0.94 | FCSCX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Mfs Mutual Fund performing well and Mfs Blended 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 Blended'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PBMXX | 0.03 | 0.01 | 0.00 | 4.82 | 0.00 | 0.00 | 1.01 | |||
| RFBAX | 0.09 | 0.01 | (0.64) | (0.28) | 0.00 | 0.20 | 0.78 | |||
| CGTFX | 0.28 | 0.00 | (0.36) | 0.16 | 0.30 | 0.58 | 1.27 | |||
| AUGAX | 0.36 | 0.01 | (0.28) | 0.37 | 0.37 | 0.67 | 1.64 | |||
| FICMX | 0.31 | 0.01 | (0.27) | 0.57 | 0.35 | 0.56 | 1.49 | |||
| SIGVX | 0.06 | 0.01 | (1.15) | 0.79 | 0.00 | 0.10 | 0.61 | |||
| FCSCX | 0.06 | 0.00 | (0.95) | 0.22 | 0.00 | 0.13 | 0.53 |