Natixis Oakmark Correlations

NIONX Fund

USD 14.39 0.20 1.41%

The current 90-days correlation between Natixis Oakmark Inte and Putnam Convertible Securities is 0.09 (i.e., Significant diversification). The correlation of Natixis Oakmark 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 Oakmark Correlation With Market

Average diversification

The correlation between Natixis Oakmark International and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natixis Oakmark International 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 Oakmark International. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with Natixis Mutual Fund

0.73	DOXFX	Dodge Cox International	Pair Corr
1.0	OANIX	Oakmark International	Pair Corr
0.73	DODFX	Dodge International Stock	Pair Corr
1.0	OAKIX	Oakmark International	Pair Corr
1.0	OAYIX	Oakmark International	Pair Corr
1.0	OAZIX	Oakmark International	Pair Corr
0.85	FINVX	Fidelity Series Inte	Pair Corr
0.95	RRIGX	T Rowe Price	Pair Corr

Moving against Natixis Mutual Fund

0.36	DIS	Walt Disney Earnings Call This Week	Pair Corr
0.4	VZ	Verizon Communications	Pair Corr

Related Correlations Analysis

	PCNTX	PBXIX	ARBOX	LCFYX	FSAWX
PCNTX		0.88	0.54	0.75	0.09	PCNTX
PBXIX	0.88		0.76	0.57	-0.31	PBXIX
ARBOX	0.54	0.76		0.37	-0.39	ARBOX
LCFYX	0.75	0.57	0.37		0.5	LCFYX
FSAWX	0.09	-0.31	-0.39	0.5		FSAWX
	PCNTX	PBXIX	ARBOX	LCFYX	FSAWX

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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

PBXIX	+ 0.88	PCNTX
ARBOX	+ 0.76	PBXIX
LCFYX	+ 0.75	PCNTX
LCFYX	+ 0.57	PBXIX
ARBOX	+ 0.54	PCNTX
FSAWX	+ 0.5	LCFYX

High negative correlations

FSAWX	- 0.39	ARBOX
FSAWX	- 0.31	PBXIX

Risk-Adjusted Indicators

There is a big difference between Natixis Mutual Fund performing well and Natixis Oakmark 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 Oakmark'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
PCNTX	0.53	0.04	(0.04)	0.20	0.59	(0.61)	1.10	(1.01)	3.52
PBXIX	0.41	0.00	(0.10)	0.09	0.55	(0.44)	0.88	(0.90)	3.28
ARBOX	0.06	(0.01)	(0.17)	(0.21)	0.19	(0.09)	0.09	(0.09)	1.33
LCFYX	0.57	0.09	0.05	0.28	0.56	(0.67)	1.12	(1.03)	3.79
FSAWX	0.07	0.03	(0.61)	3.57	0.00	(0.13)	0.19	(0.10)	0.38

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