Mfs Emerging Correlations

Mutual Funds . USA . 
Fund . Mfs Emerging Markets
EMLJX Fund  USD 5.81  0.02  0.34%   
The current 90-days correlation between Mfs Emerging Markets and Aggressive Balanced Allocation is 0.18 (i.e., Average diversification). The correlation of Mfs Emerging 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 Emerging Correlation With Market

Significant diversification

The correlation between Mfs Emerging Markets and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Emerging Markets and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Mfs Emerging Markets. 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.

Moving together with Mfs Mutual Fund

  0.92LFTFX Mfs Lifetime 2065PairCorr
  0.91LFTJX Mfs Lifetime 2065PairCorr
  0.92LFTGX Mfs Lifetime 2065PairCorr
  0.92LFTHX Mfs Lifetime 2065PairCorr
  0.92LFTNX Mfs Lifetime 2065PairCorr
  0.96HYPPX Mfs High YieldPairCorr
  0.88UIVIX Mfs Intrinsic ValuePairCorr
  0.88UIVCX Mfs Intrinsic ValuePairCorr
  0.88UIVPX Mfs Intrinsic ValuePairCorr
  0.88UIVQX Mfs Intrinsic ValuePairCorr
  0.87UIVNX Mfs Intrinsic ValuePairCorr
  0.87UIVMX Mfs Intrinsic ValuePairCorr
  0.87UIVVX Mfs Intrinsic ValuePairCorr
  0.88UIVRX Mfs Intrinsic ValuePairCorr
  0.88OTCHX Mfs Mid CapPairCorr
  0.87OTCIX Mfs Mid CapPairCorr
  0.87OTCJX Mfs Mid CapPairCorr
  0.88OTCKX Mfs Mid CapPairCorr
  0.91MKVCX Mfs International LargePairCorr
  0.91MKVBX Mfs International LargePairCorr
  0.87OTCGX Mfs Mid CapPairCorr
  0.91MKVGX Mfs International LargePairCorr
  0.91MKVFX Mfs International LargePairCorr
  0.91MKVEX Mfs International LargePairCorr
  0.91MKVDX Mfs International LargePairCorr
  0.91MKVIX Mfs International LargePairCorr
  0.91MKVHX Mfs Series TrustPairCorr
  0.94BRKBX Mfs Blended ResearchPairCorr
  0.94BRKCX Mfs Blended ResearchPairCorr
  0.94BRKAX Mfs Blended ResearchPairCorr
  0.88OTCAX Mfs Mid CapPairCorr
  0.87OTCCX Mfs Mid CapPairCorr
  0.99EMLBX Mfs Emerging MarketsPairCorr
  0.99EMLAX Mfs Emerging MarketsPairCorr

Related Correlations Analysis

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 Emerging 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 Emerging'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