Mfs Porate Competition

MFBFX Fund

USD 12.39 0.01 0.08%

Mfs Porate Bond competes with Global Diversified, Elfun Diversified, Fidelity Advisor, Blackrock Conservative, and Jpmorgan Diversified; as well as few others. The fund is listed under Corporate Bond category and is part of MFS family. Analyzing Mfs Porate competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Mfs Porate to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Mfs Porate Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Mfs Porate competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
12.07	12.39	12.71

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Intrinsic

Valuation

Low	Real	High
11.85	12.17	12.49

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mfs Porate. Your research has to be compared to or analyzed against Mfs Porate's peers to derive any actionable benefits. When done correctly, Mfs Porate's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mfs Porate Bond.

Mfs Porate Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Mfs Porate and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Mfs and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Mfs Porate Bond does not affect the price movement of the other competitor.

	PGBAX	ELDFX	FZABX	BICPX	JPDVX	SRDAX	ACV	FHCOX
PGBAX		0.32	0.77	0.78	0.23	-0.4	-0.2	-0.67	PGBAX
ELDFX	0.32		0.27	0.73	0.97	0.44	0.73	0.24	ELDFX
FZABX	0.77	0.27		0.49	0.16	-0.54	-0.37	-0.65	FZABX
BICPX	0.78	0.73	0.49		0.71	0.08	0.38	-0.28	BICPX
JPDVX	0.23	0.97	0.16	0.71		0.5	0.82	0.29	JPDVX
SRDAX	-0.4	0.44	-0.54	0.08	0.5		0.72	0.79	SRDAX
ACV	-0.2	0.73	-0.37	0.38	0.82	0.72		0.63	ACV
FHCOX	-0.67	0.24	-0.65	-0.28	0.29	0.79	0.63		FHCOX
	PGBAX	ELDFX	FZABX	BICPX	JPDVX	SRDAX	ACV	FHCOX

Click cells to compare fundamentals

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High positive correlations

JPDVX	+ 0.97	ELDFX
ACV	+ 0.82	JPDVX
FHCOX	+ 0.79	SRDAX
BICPX	+ 0.78	PGBAX
FZABX	+ 0.77	PGBAX
BICPX	+ 0.73	ELDFX

High negative correlations

FHCOX	- 0.67	PGBAX
FHCOX	- 0.65	FZABX
SRDAX	- 0.54	FZABX
SRDAX	- 0.4	PGBAX
ACV	- 0.37	FZABX
FHCOX	- 0.28	BICPX

Risk-Adjusted Indicators

There is a big difference between Mfs Mutual Fund performing well and Mfs Porate 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 Porate'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
PGBAX	0.14	(0.02)	0.00	(0.99)	0.00	0.00	0.25	(0.33)	1.00
ELDFX	0.31	(0.01)	(0.15)	0.07	0.33	(0.32)	0.70	(0.64)	2.09
FZABX	0.74	(0.17)	0.00	(0.21)	0.00	0.00	1.18	(1.27)	4.32
BICPX	0.18	(0.02)	(0.36)	(0.04)	0.19	(0.31)	0.44	(0.43)	1.30
JPDVX	0.37	(0.02)	(0.13)	0.05	0.40	(0.41)	0.86	(0.73)	2.56
SRDAX	0.20	0.04	(0.13)	(6.81)	0.11	(0.26)	0.44	(0.35)	1.36
ACV	0.65	0.09	0.07	0.21	0.59	(0.73)	1.47	(1.23)	4.23
FHCOX	0.03	0.00	0.00	(0.32)	0.00	0.00	0.00	0.00	0.60

Unable to evaluate fundamental data of [PGBAX, ELDFX, FZABX, BICPX, JPDVX, SRDAX, ACV, FHCOX] at this time. Please try again later

All Fundamental Data

Mfs Porate Competitive Analysis

The better you understand Mfs Porate competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Mfs Porate's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Mfs Porate's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	MFBFX	PGBAX	ELDFX	FZABX	BICPX	JPDVX	SRDAX	ACV	FHCOX
	0.08 12.39 Mfs	0.08 12.00 Global	0.14 21.97 Elfun	0.08 26.17 Fidelity	0.26 11.61 Blackrock	1.34 16.14 Jpmorgan	0.35 11.46 Stone	1.33 22.90 Allianzgi	0.00 10.01 Federated
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Modest	Very Weak	Very Weak	Insignificant	Good	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Cautious Hold	Hold	Strong Hold	Cautious Hold	Strong Hold	Sell	Strong Buy	Sell
Net Asset	4.27 B	2.9 B	202.95 M	2.09 B	440.19 M	1.07 B	1.02 B	N/A	57.95 M
Minimum Initial Investment	N/A	N/A	500	N/A	2 M	N/A	500 K	N/A	1000 K
Price To Book	N/A	1.62	1.99	2.3	2.3	1.93	N/A	N/A	N/A
Five Year Return	0.85	2.32	7.6	6.45	3.29	8.65	N/A	12.87	N/A
One Year Return	8.12	7.37	19.05	12.96	11.52	20.19	N/A	24.75	N/A
Last Dividend Paid	0.03	0.05	0.38	0.04	0.2	0.08	0.26	2.16	N/A
Price To Earning	N/A	17.48	17.7	17.28	18.5	16.68	N/A	N/A	N/A
Beta	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.54	N/A
Price To Sales	N/A	1.46	1.86	1.6	1.57	1.43	N/A	N/A	N/A
Cash Position Weight	5.99	4.06	2.22	2.52	9.37	10.05	46.54	N/A	72.63
Equity Positions Weight	N/A	2.04	97.74	97.02	17.89	56.21	8.02	N/A	N/A
Three Year Return	-1.55	0.73	4.47	0.28	0.46	4.57	N/A	2.13	N/A
Annual Yield	0.0219	0.0625	0.0188	0.0143	0.0324	0.0176	0.12	0.0067	N/A
Year To Date Return	4.92	5.63	14.69	10.32	8.43	14.97	N/A	21.6	N/A
Bond Positions Weight	22.79	20.46	N/A	N/A	69.26	2.13	27.36	N/A	27.37
Ten Year Return	5.47	5.23	7.12	7.74	6.63	8.02	N/A	N/A	N/A
Day Typical Price	12.39	12.0	21.97	26.17	11.61	16.14	11.46	22.84	10.01
Accumulation Distribution	N/A	N/A	N/A	N/A	N/A	N/A	N/A	617.64	N/A
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	1.034483	0.0
Period Momentum Indicator	0.01	0.01	0.03	(0.02)	(0.03)	(0.22)	0.04	0.3	N/A
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	0.99	1.0	1.01	1.0
Day Median Price	12.39	12.0	21.97	26.17	11.61	16.14	11.46	22.81	10.01
Price Action Indicator	0.005	0.005	0.015	(0.01)	(0.01)	(0.11)	0.02	0.24	N/A
Coefficient Of Variation	(963.65)	(2,521)	1071.59	(1,026)	6191.36	1294.06	534.01	527.19	671.02
Mean Deviation	0.2446	0.1375	0.3051	0.7383	0.1835	0.3684	0.1966	0.6468	0.0294
Jensen Alpha	(0.04)	(0.02)	(0.01)	(0.17)	(0.02)	(0.02)	0.0448	0.0851	0.0028
Total Risk Alpha	(0.08)	(0.04)	(0.02)	(0.26)	(0.04)	(0.03)	0.0083	0.0453	(0.01)
Sortino Ratio	N/A	N/A	(0.15)	N/A	(0.36)	(0.13)	(0.13)	0.0698	N/A
Downside Variance	N/A	N/A	0.1715	N/A	0.0714	0.2478	0.1329	0.7443	N/A
Standard Deviation	0.3216	0.1864	0.39	1.11	0.2632	0.4753	0.2897	0.8451	0.0818
Kurtosis	0.4801	0.9956	0.3905	13.47	1.35	0.3345	4.02	0.1062	27.58
Potential Upside	0.4862	0.2496	0.6996	1.18	0.4367	0.8647	0.4448	1.47	N/A
Treynor Ratio	(7.23)	(0.99)	0.0728	(0.21)	(0.04)	0.0547	(6.81)	0.2077	(0.32)
Maximum Drawdown	1.37	1.0	2.09	4.32	1.3	2.56	1.36	4.23	0.6037
Variance	0.1034	0.0347	0.1521	1.23	0.0693	0.2259	0.0839	0.7141	0.0067
Market Risk Adjusted Performance	(7.22)	(0.98)	0.0828	(0.20)	(0.03)	0.0647	(6.80)	0.2177	(0.31)
Risk Adjusted Performance	(0.09)	(0.06)	0.0591	(0.07)	(0.01)	0.0508	0.1208	0.139	0.0294
Skewness	0.123	0.0267	(0.14)	(2.35)	0.6366	0.08	(0.28)	(0.10)	5.08
Semi Deviation	N/A	N/A	0.3331	N/A	0.1921	0.4043	0.1121	0.5906	N/A
Information Ratio	(0.42)	(0.58)	(0.16)	(0.19)	(0.36)	(0.13)	(0.16)	0.0712	(1.07)
Value At Risk	(0.63)	(0.33)	(0.64)	(1.27)	(0.43)	(0.73)	(0.35)	(1.23)	N/A
Expected Short fall	N/A	N/A	(0.32)	N/A	(0.31)	(0.41)	(0.26)	(0.73)	N/A
Downside Deviation	N/A	N/A	0.4141	N/A	0.2672	0.4978	0.3646	0.8628	N/A
Semi Variance	N/A	N/A	0.111	N/A	0.0369	0.1635	0.0126	0.3488	N/A

Mfs Porate Competition Performance Charts

Five steps to successful analysis of Mfs Porate Competition

Mfs Porate's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Mfs Porate Bond in relation to its competition. Mfs Porate's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Mfs Porate in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Mfs Porate's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Mfs Porate Bond, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Mfs Porate position

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Other Information on Investing in Mfs Mutual Fund

Mfs Porate financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs Porate security.

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