Natixis Us Correlations

NEFSX Fund  USD 47.09  0.16  0.34%   
The correlation of Natixis Us 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.

Natixis Us Correlation With Market

Very poor diversification

The correlation between Natixis Equity Opportunities and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natixis Equity Opportunities 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 Natixis Equity Opportunities. 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 state.

Moving together with Natixis Mutual Fund

  0.98NOANX Natixis OakmarkPairCorr
  0.97GCPAX Gateway Equity CallPairCorr
  0.97GCPCX Gateway Equity CallPairCorr
  0.97GCPNX Gateway Equity CallPairCorr
  0.97GCPYX Gateway Equity CallPairCorr
  0.71LGMAX Loomis Sayles GlobalPairCorr
  0.69LGMCX Loomis Sayles GlobalPairCorr
  0.72LGMNX Loomis Sayles GlobalPairCorr
  0.99LGRCX Loomis Sayles GrowthPairCorr
  0.99LGRNX Loomis Sayles GrowthPairCorr
  0.99LGRRX Loomis Sayles GrowthPairCorr
  0.91VNSYX Vaughan Nelson SelectPairCorr
  0.9VNSCX Vaughan Nelson SelectPairCorr
  0.9VNSAX Vaughan Nelson SelectPairCorr
  0.91VNSNX Vaughan Nelson SelectPairCorr
  0.98VNVCX Vaughan Nelson ValuePairCorr
  0.98VNVAX Vaughan Nelson ValuePairCorr
  0.98VNVNX Vaughan Nelson ValuePairCorr
  0.98VNVYX Vaughan Nelson ValuePairCorr
  0.9NSFLX Natixis SustainablePairCorr
  0.9NSFKX Natixis SustainablePairCorr
  0.9NSFJX Natixis SustainablePairCorr

Moving against Natixis Mutual Fund

  0.81LGBCX Loomis Sayles InvestmentPairCorr
  0.8LGBNX Loomis Sayles InvestmentPairCorr
  0.7LGANX Loomis Sayles LimitedPairCorr
  0.65NOICX Natixis Oakmark IntePairCorr
  0.64NOIAX Natixis Oakmark IntePairCorr
  0.64NOIYX Natixis Oakmark IntlPairCorr
  0.5AMFAX Asg Managed FuturesPairCorr
  0.49AMFNX Asg Managed FuturesPairCorr
  0.8LIGAX Loomis Sayles InvestmentPairCorr
  0.79LIGRX Loomis Sayles InvestmentPairCorr
  0.53NRCFX Aew Real EstatePairCorr
  0.5NRFAX Aew Real EstatePairCorr
  0.49NRFNX Aew Real EstatePairCorr
  0.49NRFYX Aew Real EstatePairCorr

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   
RRTLXMSTSX
BAYAUMSTSX
OSHDFVIASP
SITKFBAYAU
SITKFMSTSX
RRTLXLBHIX
  
High negative correlations   
SITKFCOKE
COKEBAYAU
COKEBAYAR
COKELBHIX
COKEVIASP
COKEMSTSX

Risk-Adjusted Indicators

There is a big difference between Natixis Mutual Fund performing well and Natixis Us 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 Natixis Us' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MSTSX  0.49 (0.03)(0.12) 0.06  0.52 
 1.21 
 2.80 
LBHIX  0.12  0.01 (0.39) 0.51  0.00 
 0.24 
 0.96 
VIASP  0.75  0.08 (0.03)(1.87) 1.12 
 2.28 
 7.18 
BAYAU  0.15  0.04 (0.16)(0.35) 0.00 
 0.10 
 4.63 
RRTLX  0.23 (0.03)(0.31) 0.03  0.26 
 0.48 
 1.36 
BAYAR  6.39  0.81  0.05  0.73  7.69 
 20.00 
 84.91 
OSHDF  39.65  20.19  0.00 (32.36) 0.00 
 0.00 
 1,329 
COKE  1.27 (0.12) 0.00 (0.02) 0.00 
 3.15 
 10.22 
SITKF  5.58  1.06  0.14  7.99  5.07 
 14.29 
 32.64