Natixis Sustainable Correlations

Mutual Funds . USA . 
Fund . Natixis Sustainable Future
NSFDX Fund  USD 9.04  0.04  0.44%   
The current 90-days correlation between Natixis Sustainable and Tfa Alphagen Growth is 0.12 (i.e., Average 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

Weak diversification

The correlation between Natixis Sustainable Future and DJI is 0.33 (i.e., Weak 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

  0.88NOANX Natixis OakmarkPairCorr
  0.84LGBCX Loomis Sayles InvestmentPairCorr
  0.81LGBNX Loomis Sayles InvestmentPairCorr
  0.81LGMAX Loomis Sayles GlobalPairCorr
  0.87LGMCX Loomis Sayles GlobalPairCorr
  0.81LGMNX Loomis Sayles GlobalPairCorr
  0.83LGRCX Loomis Sayles GrowthPairCorr
  0.75LGRNX Loomis Sayles GrowthPairCorr
  0.78LGRRX Loomis Sayles GrowthPairCorr
  0.88VNVCX Vaughan Nelson ValuePairCorr
  0.88VNVAX Vaughan Nelson ValuePairCorr
  0.92VNVNX Vaughan Nelson ValuePairCorr
  0.88VNVYX Vaughan Nelson ValuePairCorr
  0.63LIGCX Loomis Sayles InternPairCorr
  0.79LIGAX Loomis Sayles InvestmentPairCorr
  0.82LIGRX Loomis Sayles InvestmentPairCorr
  0.72NRCFX Aew Real EstatePairCorr
  0.72NRFAX Aew Real EstatePairCorr
  0.76NRFNX Aew Real EstatePairCorr
  0.82NRFYX Aew Real EstatePairCorr
  0.97NSFLX Natixis SustainablePairCorr
  0.96NSFKX Natixis SustainablePairCorr
  0.98NSFJX Natixis SustainablePairCorr
  0.95NSFOX Natixis SustainablePairCorr

Moving against Natixis Mutual Fund

  0.39AMFNX Asg Managed FuturesPairCorr

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   
SMYIX
+ 0.84
SCGCX
MSEQX
+ 0.82
BXFIX
MSEQX
+ 0.77
TFAGX
SMYIX
+ 0.65
TFAGX
SMYIX
+ 0.55
DBIWX
BXFIX
+ 0.49
TFAGX
  
High negative correlations   
SCGCX
- 0.29
BXFIX
BXFIX
- 0.08
DBIWX
MSEQX
- 0.04
DBIWX

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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