Natixis Sustainable Correlations

NSFDX Fund  USD 9.62  0.03  0.31%   
The current 90-days correlation between Natixis Sustainable and Asg Managed Futures is 0.52 (i.e., Very weak 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

Poor diversification

The correlation between Natixis Sustainable Future and DJI is 0.76 (i.e., 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
  0.78GCPCX Gateway Equity CallPairCorr
  0.77GCPNX Gateway Equity CallPairCorr
  0.77GCPYX Gateway Equity CallPairCorr
  0.9LGMAX Loomis Sayles GlobalPairCorr
  0.9LGMCX Loomis Sayles GlobalPairCorr
  0.91LGMNX Loomis Sayles GlobalPairCorr
  0.76LGRCX Loomis Sayles GrowthPairCorr
  0.76LGRNX Loomis Sayles GrowthPairCorr
  0.76LGRRX Loomis Sayles GrowthPairCorr
  0.81VNSYX Vaughan Nelson SelectPairCorr
  0.82VNSCX Vaughan Nelson SelectPairCorr
  0.68VNSAX Vaughan Nelson SelectPairCorr
  0.81VNSNX Vaughan Nelson SelectPairCorr
  0.78VNVCX Vaughan Nelson ValuePairCorr
  0.78VNVAX Vaughan Nelson ValuePairCorr
  0.78VNVNX Vaughan Nelson ValuePairCorr
  0.78VNVYX Vaughan Nelson ValuePairCorr
  0.68LIGGX Loomis Sayles InternPairCorr
  0.69LIGNX Loomis Sayles InternPairCorr
  0.68LIGYX Loomis Sayles InternPairCorr
  0.91NSFLX Natixis SustainablePairCorr
  0.91NSFKX Natixis SustainablePairCorr
  0.92NSFJX Natixis SustainablePairCorr

Moving against Natixis Mutual Fund

  0.32NOIYX Natixis Oakmark IntlPairCorr

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   
AMFNXAMFAX
NOICXNOIAX
GCPCXGCPAX
GCPNXGCPAX
GCPYXGCPAX
GCPNXGCPCX
  
High negative correlations   
NOICXNOANX
NOIAXNOANX
NOIYXNOANX
GCPYXNOICX
GCPNXNOICX
GCPCXNOICX

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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AMFAX  0.42 (0.06) 0.00 (0.07) 0.00 
 0.79 
 2.43 
AMFNX  0.41 (0.06) 0.00 (0.06) 0.00 
 0.79 
 2.28 
NOANX  0.57  0.15  0.10  9.36  0.30 
 1.23 
 5.29 
NOIAX  0.79 (0.03)(0.09)(0.03) 1.05 
 1.61 
 6.28 
NOICX  0.80 (0.03) 0.00 (0.04) 0.00 
 1.65 
 6.27 
GCPAX  0.29  0.05  0.00  0.20  0.14 
 0.67 
 2.28 
GCPCX  0.29  0.05 (0.01) 0.20  0.17 
 0.68 
 2.31 
GCPNX  0.29  0.05  0.00  0.21  0.15 
 0.67 
 2.28 
NOIYX  0.80  0.01 (0.08) 0.00  1.05 
 1.69 
 6.30 
GCPYX  0.29  0.05  0.00  0.21  0.13 
 0.62 
 2.28