Mfs Aggressive Correlations

MAWAX Fund

USD 31.64 0.03 0.09%

The correlation of Mfs Aggressive 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 Aggressive Correlation With Market

Almost no diversification

The correlation between Mfs Aggressive Growth and DJI is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Aggressive Growth 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 Aggressive Growth. 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 nation.

Moving together with Mfs Mutual Fund

0.97	DIFIX	Mfs Diversified Income	Pair Corr
1.0	MAAFX	Mfs Aggressive Growth	Pair Corr
0.99	MDIZX	Mfs International	Pair Corr
0.98	MEMCX	Mfs Emerging Markets	Pair Corr
0.98	DVRKX	Mfs Global Alternative	Pair Corr
0.99	CGRGX	American Funds Growth	Pair Corr
0.99	FPGGX	American Funds Growth	Pair Corr
0.99	FGPGX	American Funds Growth	Pair Corr
0.99	MUTHX	Franklin Mutual Shares	Pair Corr
0.99	TESRX	Franklin Mutual Shares	Pair Corr
0.99	FMSHX	Franklin Mutual Shares	Pair Corr
0.99	GWPCX	American Funds Growth	Pair Corr
0.99	GWPFX	American Funds Growth	Pair Corr
0.99	GWPAX	American Funds Growth	Pair Corr
0.99	CGQGX	American Funds Growth	Pair Corr
0.99	VSTSX	Vanguard Total Stock	Pair Corr
0.99	VSMPX	Vanguard Total Stock	Pair Corr
0.99	VITSX	Vanguard Total Stock	Pair Corr
0.99	VFFSX	Vanguard 500 Index	Pair Corr
0.99	VFIAX	Vanguard 500 Index	Pair Corr
0.99	VTISX	Vanguard Total Inter	Pair Corr
0.99	VTSNX	Vanguard Total Inter	Pair Corr
0.99	VTPSX	Vanguard Total Inter	Pair Corr
0.99	VINIX	Vanguard Institutional	Pair Corr
0.99	VTSAX	Vanguard Total Stock	Pair Corr
0.97	MIOIX	Morgan Stanley Insti	Pair Corr
0.75	PGCAX	Investment Grade Porate	Pair Corr
0.97	PISHX	Cohen Steers Preferred	Pair Corr
0.98	TILCX	T Rowe Price	Pair Corr
0.71	WACSX	Western Asset E	Pair Corr
0.99	USBSX	Cornerstone Moderate	Pair Corr
0.99	HGOTX	Hartford Growth Oppo	Pair Corr
1.0	ATECX	Ab Sustainable Global	Pair Corr
0.99	INPSX	Internet Ultrasector	Pair Corr
0.97	VIVAX	Vanguard Value Index	Pair Corr
0.98	CLVRX	Columbia International	Pair Corr
0.99	GMWZX	Mydestination 2025	Pair Corr

Related Correlations Analysis

	FPPJX	FPPQX	FPPRX	FPPSX	FPPUX	FPPVX	LFTFX	LFTJX	LFTGX	LFTHX
FPPJX		1.0	1.0	1.0	0.0	0.0	0.0	0.0	0.0	0.0	FPPJX
FPPQX	1.0		1.0	1.0	0.0	0.0	0.0	0.0	0.0	0.0	FPPQX
FPPRX	1.0	1.0		1.0	0.0	0.0	0.0	0.0	0.0	0.0	FPPRX
FPPSX	1.0	1.0	1.0		0.0	0.0	0.0	0.0	0.0	0.0	FPPSX
FPPUX	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	FPPUX
FPPVX	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	FPPVX
LFTFX	0.0	0.0	0.0	0.0	0.0	0.0		1.0	1.0	1.0	LFTFX
LFTJX	0.0	0.0	0.0	0.0	0.0	0.0	1.0		1.0	1.0	LFTJX
LFTGX	0.0	0.0	0.0	0.0	0.0	0.0	1.0	1.0		1.0	LFTGX
LFTHX	0.0	0.0	0.0	0.0	0.0	0.0	1.0	1.0	1.0		LFTHX
	FPPJX	FPPQX	FPPRX	FPPSX	FPPUX	FPPVX	LFTFX	LFTJX	LFTGX	LFTHX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

FPPQX	+ 1.0	FPPJX
FPPRX	+ 1.0	FPPJX
FPPSX	+ 1.0	FPPJX
FPPRX	+ 1.0	FPPQX
FPPSX	+ 1.0	FPPQX
FPPSX	+ 1.0	FPPRX

High negative correlations

LFTHX	- 0.0	FPPVX
LFTGX	- 0.0	FPPVX
LFTJX	- 0.0	FPPVX
LFTFX	- 0.0	FPPVX
LFTHX	- 0.0	FPPUX
LFTGX	- 0.0	FPPUX

Risk-Adjusted Indicators

There is a big difference between Mfs Mutual Fund performing well and Mfs Aggressive 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 Aggressive'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
FPPJX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FPPQX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FPPRX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FPPSX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FPPUX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FPPVX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LFTFX	0.46	0.11	0.08	0.30	0.32	(0.53)	1.42	(0.95)	3.42
LFTJX	0.46	0.10	0.07	0.29	0.33	(0.53)	1.46	(1.05)	3.43
LFTGX	0.46	0.10	0.07	0.29	0.30	(0.53)	1.46	(1.05)	3.45
LFTHX	0.45	0.11	0.08	0.30	0.31	(0.55)	1.45	(0.94)	3.35

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