Mfs Mid Correlations
MVCKX Fund | USD 32.88 0.53 1.64% |
The current 90-days correlation between Mfs Mid Cap and Mfs Value Fund is 0.93 (i.e., Almost no diversification). The correlation of Mfs Mid 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 Mid Correlation With Market
Very poor diversification
The correlation between Mfs Mid Cap and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Mid Cap and DJI in the same portfolio, assuming nothing else is changed.
Mfs |
Moving together with Mfs Mutual Fund
0.96 | LFTFX | Mfs Lifetime 2065 | PairCorr |
0.96 | LFTJX | Mfs Lifetime 2065 | PairCorr |
0.96 | LFTGX | Mfs Lifetime 2065 | PairCorr |
0.96 | LFTHX | Mfs Lifetime 2065 | PairCorr |
0.96 | LFTMX | Mfs Lifetime 2065 | PairCorr |
0.96 | LFTNX | Mfs Lifetime 2065 | PairCorr |
0.98 | LFTLX | Mfs Lifetime 2065 | PairCorr |
0.92 | HYPPX | Mfs High Yield | PairCorr |
0.96 | UIVIX | Mfs Intrinsic Value | PairCorr |
0.96 | UIVCX | Mfs Intrinsic Value | PairCorr |
0.96 | UIVPX | Mfs Intrinsic Value | PairCorr |
0.96 | UIVQX | Mfs Intrinsic Value | PairCorr |
0.96 | UIVNX | Mfs Intrinsic Value | PairCorr |
0.98 | UIVMX | Mfs Intrinsic Value | PairCorr |
0.96 | UIVVX | Mfs Intrinsic Value | PairCorr |
0.96 | UIVRX | Mfs Intrinsic Value | PairCorr |
0.97 | OTCHX | Mfs Mid Cap | PairCorr |
0.97 | OTCIX | Mfs Mid Cap | PairCorr |
0.97 | OTCJX | Mfs Mid Cap | PairCorr |
0.97 | OTCKX | Mfs Mid Cap | PairCorr |
0.93 | MKVCX | Mfs International Large | PairCorr |
0.91 | MKVBX | Mfs International Large | PairCorr |
0.97 | OTCGX | Mfs Mid Cap | PairCorr |
0.93 | MKVGX | Mfs International Large | PairCorr |
0.93 | MKVFX | Mfs International Large | PairCorr |
0.93 | MKVEX | Mfs International Large | PairCorr |
0.93 | MKVDX | Mfs International Large | PairCorr |
0.93 | MKVIX | Mfs International Large | PairCorr |
0.93 | MKVHX | Mfs Series Trust | PairCorr |
0.95 | BRKBX | Mfs Blended Research | PairCorr |
0.95 | BRKCX | Mfs Blended Research | PairCorr |
0.95 | BRKAX | Mfs Blended Research | PairCorr |
0.95 | OTCAX | Mfs Mid Cap | PairCorr |
0.95 | OTCBX | Mfs Mid Cap | PairCorr |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |