Mfs Intermediate Correlations

Funds . USA . 
Fund . Mfs Intermediate High
CIF Fund  USD 1.74  0.01  0.57%   
The current 90-days correlation between Mfs Intermediate High and Harbor Vertible Securities is 0.69 (i.e., Poor diversification). The correlation of Mfs Intermediate 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.

Mfs Intermediate Correlation With Market

Poor diversification

The correlation between Mfs Intermediate High and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Intermediate High and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mfs Intermediate High. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Mfs Fund

  0.93NHS Neuberger Berman HighPairCorr
  0.91BMDIX Baird MidcapPairCorr
  0.9NRIAX Nuveen Real AssetPairCorr
  0.77XGGNX Gamco Global GoldPairCorr
  0.91CGRNX Oppenheimer ValuePairCorr
  0.91DHLYX Diamond Hill LargePairCorr
  0.94SEWIX Guggenheim World EquityPairCorr
  0.91TEQHX Tiaa Cref EmergingPairCorr
  0.83TWEIX Equity IncomePairCorr
  0.9DFSVX Us Small CapPairCorr
  0.78PAIPX Pimco Short AssetPairCorr
  0.95CREFX Cohen Steers RealPairCorr
  0.7FCWBX Capital World BondPairCorr
  0.85JHBCX Jhancock Blue ChipPairCorr
  0.95ARDC Ares Dynamic CreditPairCorr
  0.86LGLUX L Abbett GrowthPairCorr
  0.9DESIX Emerging Markets SusPairCorr
  0.9MIOLX Morgan Stanley InstiPairCorr
  0.89JABAX Janus BalancedPairCorr
  0.88AWIIX At Income OpportunitiesPairCorr
  0.9ARTZX Artisan Emerging MarketsPairCorr
  0.87LGRNX Loomis Sayles GrowthPairCorr
  0.85PTTEX Putnam Global TechnologyPairCorr
  0.89OGLYX Oppenheimer GlobalPairCorr
  0.9VFINX Vanguard 500 IndexPairCorr
  0.9APDFX Artisan High IncomePairCorr
  0.85GGLCX Gamco Global OpportunityPairCorr
  0.92EVFCX Evaluator ConservativePairCorr
  0.89BRXRX Mfs Blended ResearchPairCorr
  0.89JVLCX John Hancock DisciplinedPairCorr
  0.88IGNYX Ivy Natural ResourcesPairCorr
  0.93HILVX Harbor Large CapPairCorr
  0.79ADOZX Alger Dynamic OpportPairCorr
  0.93WILCX Wasatch Large CapPairCorr
  0.92CKKRX Columbia Income BuilderPairCorr
  0.87LGRCX Loomis Sayles GrowthPairCorr
  0.9VFIAX Vanguard 500 IndexPairCorr
  0.92FFRHX Fidelity Advisor FloatingPairCorr
  0.91VEXMX Vanguard Extended MarketPairCorr
  0.9MMTIX Massmutual SelectPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Mfs Fund performing well and Mfs Intermediate 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 Intermediate'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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY