Natixis Sustainable Correlations

Mutual Funds . USA . 
Fund . Natixis Sustainable Future
NSFGX Fund  USD 12.84  0.07  0.55%   
The current 90-days correlation between Natixis Sustainable and Pace Large Growth is 0.82 (i.e., Very poor 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 0.86 (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 price.

Moving together with Natixis Mutual Fund

  0.85NOANX Natixis OakmarkPairCorr
  0.91GCPAX Gateway Equity CallPairCorr
  0.92GCPCX Gateway Equity CallPairCorr
  0.91GCPNX Gateway Equity CallPairCorr
  0.91GCPYX Gateway Equity CallPairCorr
  0.95LGMAX Loomis Sayles GlobalPairCorr
  0.94LGMCX Loomis Sayles GlobalPairCorr
  0.95LGMNX Loomis Sayles GlobalPairCorr
  0.87LGRCX Loomis Sayles GrowthPairCorr
  0.87LGRNX Loomis Sayles GrowthPairCorr
  0.87LGRRX Loomis Sayles GrowthPairCorr
  0.96VNSYX Vaughan Nelson SelectPairCorr
  0.96VNSCX Vaughan Nelson SelectPairCorr
  0.96VNSAX Vaughan Nelson SelectPairCorr
  0.96VNSNX Vaughan Nelson SelectPairCorr
  0.92VNVCX Vaughan Nelson ValuePairCorr
  0.92VNVAX Vaughan Nelson ValuePairCorr
  0.92VNVNX Vaughan Nelson ValuePairCorr
  0.92VNVYX Vaughan Nelson ValuePairCorr
  0.76LIGCX Loomis Sayles InternPairCorr
  0.77LIGGX Loomis Sayles InternPairCorr
  0.77LIGNX Loomis Sayles InternPairCorr
  0.77LIGYX Loomis Sayles InternPairCorr
  0.99NSFLX Natixis SustainablePairCorr
  0.99NSFKX Natixis SustainablePairCorr
  1.0NSFJX Natixis SustainablePairCorr

Moving against Natixis Mutual Fund

  0.49LGBCX Loomis Sayles InvestmentPairCorr
  0.46LGBNX Loomis Sayles InvestmentPairCorr
  0.33LGANX Loomis Sayles LimitedPairCorr
  0.48LIGAX Loomis Sayles InvestmentPairCorr
  0.46LIGRX Loomis Sayles InvestmentPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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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