MFS Investment Correlations
| CXH Stock | USD 7.37 0.04 0.54% |
The current 90-days correlation between MFS Investment Grade and Eaton Vance National is 0.45 (i.e., Very weak diversification). The correlation of MFS Investment 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 Investment Correlation With Market
Weak diversification
The correlation between MFS Investment Grade and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MFS Investment Grade and DJI in the same portfolio, assuming nothing else is changed.
Moving against MFS Stock
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between MFS Stock performing well and MFS Investment Company 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 Investment'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EOT | 0.42 | (0.03) | (0.24) | 0.00 | 0.51 | 0.97 | 3.44 | |||
| MHN | 0.50 | (0.05) | (0.17) | (0.01) | 0.71 | 1.03 | 4.35 | |||
| NXC | 0.47 | 0.02 | (0.16) | 0.24 | 0.49 | 1.10 | 2.93 | |||
| CXE | 0.44 | 0.00 | (0.16) | 0.11 | 0.47 | 1.14 | 2.60 | |||
| CMU | 0.36 | (0.03) | (0.19) | (0.06) | 0.49 | 0.62 | 2.42 | |||
| MFM | 0.46 | 0.00 | (0.15) | 0.15 | 0.54 | 0.97 | 3.16 | |||
| DMF | 0.44 | (0.05) | 0.00 | 0.61 | 0.00 | 0.57 | 3.76 | |||
| DTF | 0.20 | 0.01 | (0.40) | 0.25 | 0.18 | 0.36 | 1.36 |
MFS Investment Corporate Management
| James Kilman | Independent Trustee | Profile | |
| Amanda Mooradian | Assistant Secretary, Assistant Clerk | Profile | |
| Susan Pereira | Assistant Secretary, Assistant Clerk | Profile | |
| Laurie Thomsen | Independent Trustee | Profile | |
| Robert Manning | Trustee | Profile | |
| Maryanne Roepke | Independent Trustee | Profile |