Mfs Lifetime Correlations

Mutual Funds . USA . 
Fund . Mfs Lifetime 2030
MLTHX Fund  USD 16.54  0.05  0.30%   
The current 90-days correlation between Mfs Lifetime 2030 and Blackrock Conservative Prprdptfinstttnl is 0.89 (i.e., Very poor 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

Poor diversification

The correlation between Mfs Lifetime 2030 and DJI is 0.7 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mfs Lifetime 2030 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 2030. 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 rate.

Moving together with Mfs Mutual Fund

  1.0VTHRX Vanguard Target RetiPairCorr
  1.0AAETX American Funds 2030PairCorr
  1.0CCETX American Funds 2030PairCorr
  1.0FAETX American Funds 2030PairCorr
  1.0FSNQX Fidelity Freedom 2030PairCorr
  1.0FFFEX Fidelity Freedom 2030PairCorr
  1.0FGTKX Fidelity Freedom 2030PairCorr
  0.99TRFHX T Rowe PricePairCorr
  0.99RRTCX T Rowe PricePairCorr
  0.95FDEGX Fidelity Growth StraPairCorr
  0.94PSHAX Short Term FundPairCorr
  0.99DQIYX Dreyfus Equity IncomePairCorr
  1.0FFEGX Fidelity Freedom IndexPairCorr
  0.99FNILX Fidelity Zero LargePairCorr
  0.96FISVX Fidelity Small CapPairCorr
  0.92ISIAX Voya Strategic IncomePairCorr
  0.96SPSDX Sterling Capital BehPairCorr
  1.0RRTAX T Rowe PricePairCorr
  0.98HBLYX Hartford BalancedPairCorr
  0.98FASCX Franklin K2 AlternativePairCorr
  0.98CSRYX Columbia Select LargePairCorr
  0.97DCEMX Dunham Emerging MarketsPairCorr
  0.92RIVKX American Funds InterPairCorr
  0.99FFFCX Fidelity Freedom 2010PairCorr

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 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.

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