MFS Intermediate Correlations

MIN Stock

USD 2.69 0.01 0.37%

The current 90-days correlation between MFS Intermediate Income and MFS Multimarket Income is 0.48 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MFS Intermediate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MFS Intermediate Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

MFS Intermediate Correlation With Market

Modest diversification

The correlation between MFS Intermediate Income and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MFS Intermediate Income 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 Intermediate Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with MFS Stock

0.83	V	Visa Class A	Pair Corr
0.66	MA	Mastercard	Pair Corr
0.68	GDST	Goldenstone Acquisition	Pair Corr
0.76	BBDC	Barings BDC	Pair Corr
0.81	COOP	Mr Cooper Group	Pair Corr
0.79	BK	Bank of New York	Pair Corr

Moving against MFS Stock

0.68	ORGN	Origin Materials	Pair Corr
0.62	WD	Walker Dunlop	Pair Corr
0.51	SYF	Synchrony Financial	Pair Corr
0.4	ECPG	Encore Capital Group	Pair Corr
0.73	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.73	BITF	Bitfarms Buyout Trend	Pair Corr
0.7	CODI	Compass Diversified	Pair Corr
0.52	DHIL	Diamond Hill Investment	Pair Corr
0.51	AX	Axos Financial	Pair Corr
0.43	SOFI	SoFi Technologies Aggressive Push	Pair Corr
0.76	LC	LendingClub Corp	Pair Corr
0.6	CM	Canadian Imperial Bank	Pair Corr
0.52	BX	Blackstone Group	Pair Corr
0.44	KB	KB Financial Group	Pair Corr
0.36	EG	Everest Group	Pair Corr
0.35	CG	Carlyle Group Normal Trading	Pair Corr

Related Correlations Analysis

	MGF	MMT	MCR	PPT	PIM
MGF		0.48	0.37	0.66	0.76	MGF
MMT	0.48		0.95	0.8	0.81	MMT
MCR	0.37	0.95		0.78	0.76	MCR
PPT	0.66	0.8	0.78		0.93	PPT
PIM	0.76	0.81	0.76	0.93		PIM
	MGF	MMT	MCR	PPT	PIM

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Risk-Adjusted Indicators

There is a big difference between MFS Stock performing well and MFS Intermediate 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 Intermediate'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
MGF	0.44	0.03	0.13	0.12	0.51	(0.55)	0.67	(0.98)	1.99
MMT	0.33	(0.01)	0.00	(0.12)	0.00	0.00	0.66	(0.66)	3.31
MCR	0.40	0.02	0.11	0.04	0.50	(0.48)	0.66	(0.94)	3.88
PPT	0.47	0.02	0.10	0.07	0.57	(0.64)	1.16	(1.12)	3.49
PIM	0.46	0.03	0.14	0.14	0.47	(0.62)	0.96	(0.93)	2.51

MFS Intermediate Corporate Management

James Kilman	Independent Trustee	Profile
Amanda Mooradian	Assistant Secretary, Assistant Clerk	Profile
CFA CFA	Portfolio Manager	Profile
Susan Pereira	Assistant Secretary, Assistant Clerk	Profile
Laurie Thomsen	Independent Trustee	Profile
Robert Manning	Trustee	Profile

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