Natixis Sustainable Correlations

Mutual Funds . USA . 
Fund . Natixis Sustainable Future
NSFDX Fund  USD 9.68  0.04  0.41%   
The current 90-days correlation between Natixis Sustainable and Fidelity Income Replacement is 0.91 (i.e., Almost no diversification). The correlation of Natixis Sustainable 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 Sustainable Correlation With Market

Very poor diversification

The correlation between Natixis Sustainable Future and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natixis Sustainable Future 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 Sustainable Future. 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 unemployment.

Moving together with Natixis Mutual Fund

  0.71NOANX Natixis OakmarkPairCorr
  0.77GCPAX Gateway Equity CallPairCorr
  0.77GCPCX Gateway Equity CallPairCorr
  0.77GCPNX Gateway Equity CallPairCorr
  0.77GCPYX Gateway Equity CallPairCorr
  0.93LGMAX Loomis Sayles GlobalPairCorr
  0.92LGMCX Loomis Sayles GlobalPairCorr
  0.93LGMNX Loomis Sayles GlobalPairCorr
  0.73LGRCX Loomis Sayles GrowthPairCorr
  0.73LGRNX Loomis Sayles GrowthPairCorr
  0.73LGRRX Loomis Sayles GrowthPairCorr
  0.84VNSYX Vaughan Nelson SelectPairCorr
  0.85VNSCX Vaughan Nelson SelectPairCorr
  0.84VNSAX Vaughan Nelson SelectPairCorr
  0.84VNSNX Vaughan Nelson SelectPairCorr
  0.79VNVCX Vaughan Nelson ValuePairCorr
  0.79VNVAX Vaughan Nelson ValuePairCorr
  0.79VNVNX Vaughan Nelson ValuePairCorr
  0.79VNVYX Vaughan Nelson ValuePairCorr
  0.74LIGCX Loomis Sayles InternPairCorr
  0.75LIGGX Loomis Sayles InternPairCorr
  0.75LIGNX Loomis Sayles InternPairCorr
  0.75LIGYX Loomis Sayles InternPairCorr
  0.91NSFLX Natixis SustainablePairCorr
  0.91NSFKX Natixis SustainablePairCorr
  0.92NSFJX Natixis SustainablePairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Natixis Mutual Fund performing well and Natixis Sustainable 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 Sustainable'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.

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