Mfs Lifetime Correlations

LFTNX Fund  USD 11.32  0.03  0.27%   
The current 90-days correlation between Mfs Lifetime 2065 and Gmo Global Equity is -0.16 (i.e., Good diversification). The correlation of Mfs Lifetime 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 Lifetime Correlation With Market

Good diversification

The correlation between Mfs Lifetime 2065 and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Lifetime 2065 and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mfs Lifetime 2065. 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 state.

Moving together with Mfs Mutual Fund

  1.0LFTFX Mfs Lifetime 2065PairCorr
  1.0LFTJX Mfs Lifetime 2065PairCorr
  1.0LFTGX Mfs Lifetime 2065PairCorr
  1.0LFTHX Mfs Lifetime 2065PairCorr
  1.0LFTMX Mfs Lifetime 2065PairCorr
  1.0LFTKX Mfs Lifetime 2065PairCorr
  1.0LFTLX Mfs Lifetime 2065PairCorr
  0.92HYPPX Mfs High YieldPairCorr
  0.92UIVIX Mfs Intrinsic ValuePairCorr
  0.75UIVCX Mfs Intrinsic ValuePairCorr
  0.77UIVPX Mfs Intrinsic ValuePairCorr
  0.78UIVQX Mfs Intrinsic ValuePairCorr
  0.77UIVNX Mfs Intrinsic ValuePairCorr
  0.75UIVMX Mfs Intrinsic ValuePairCorr
  0.92UIVVX Mfs Intrinsic ValuePairCorr
  0.78UIVRX Mfs Intrinsic ValuePairCorr
  0.8MKVCX Mfs International LargePairCorr
  0.89MKVBX Mfs International LargePairCorr
  0.82MKVGX Mfs International LargePairCorr
  0.81MKVFX Mfs International LargePairCorr
  0.81MKVEX Mfs International LargePairCorr
  0.8MKVDX Mfs International LargePairCorr
  0.82MKVIX Mfs International LargePairCorr
  0.82MKVHX Mfs Series TrustPairCorr
  0.9BRKBX Mfs Blended ResearchPairCorr
  0.89BRKCX Mfs Blended ResearchPairCorr
  0.9BRKAX Mfs Blended ResearchPairCorr
  0.89EMLBX Mfs Emerging MarketsPairCorr
  0.93EMLAX Mfs Emerging MarketsPairCorr
  0.89BRKUX Mfs Blended ResearchPairCorr
  0.9BRKVX Mfs Blended ResearchPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Mfs Mutual Fund performing well and Mfs Lifetime 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 Lifetime'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.