Loomis Sayles Correlations
LIPNX Fund | USD 9.71 0.03 0.31% |
The correlation of Loomis Sayles 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.
Loomis Sayles Correlation With Market
Significant diversification
The correlation between Loomis Sayles Inflation and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Loomis Sayles Inflation and DJI in the same portfolio, assuming nothing else is changed.
Loomis |
Moving together with Loomis Mutual Fund
0.95 | VIPSX | Vanguard Inflation | PairCorr |
0.92 | VIPIX | Vanguard Inflation-protec | PairCorr |
0.92 | VAIPX | Vanguard Inflation | PairCorr |
0.95 | FLIBX | American Funds Inflation | PairCorr |
0.95 | FIBLX | American Funds Inflation | PairCorr |
0.93 | BFICX | American Funds Inflation | PairCorr |
0.93 | BFIAX | American Funds Inflation | PairCorr |
0.92 | BFIFX | American Funds Inflation | PairCorr |
0.92 | PARRX | Real Return Fund | PairCorr |
0.92 | PRLPX | Pimco Real Return | PairCorr |
0.65 | NHS | Neuberger Berman High | PairCorr |
0.72 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
0.64 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Loomis Mutual Fund
0.73 | CLM | Cornerstone Strategic | PairCorr |
0.67 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
0.72 | CSCO | Cisco Systems Aggressive Push | PairCorr |
0.69 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
0.64 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
0.59 | T | ATT Inc Aggressive Push | PairCorr |
0.59 | DIS | Walt Disney | PairCorr |
0.57 | HPQ | HP Inc | PairCorr |
0.54 | WMT | Walmart Aggressive Push | PairCorr |
0.49 | INTC | Intel Downward Rally | PairCorr |
0.36 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Loomis Mutual Fund performing well and Loomis Sayles 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 Loomis Sayles' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
AMFZX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
AMTTX | 0.59 | 0.02 | (0.14) | (0.75) | 0.71 | 1.19 | 2.89 | |||
PFFAX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
DIASX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
WAFAX | 0.24 | (0.02) | 0.00 | (0.32) | 0.00 | 0.42 | 1.26 | |||
EVOIX | 0.48 | (0.07) | 0.00 | (4.05) | 0.00 | 0.84 | 2.76 | |||
DIPAX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
FIFGX | 0.86 | 0.07 | (0.07) | (0.22) | 1.09 | 1.72 | 4.96 | |||
TFSHX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |