Loomis Sayles Correlations
LIPNX Fund | USD 9.71 0.03 0.31% |
The current 90-days correlation between Loomis Sayles Inflation and Franklin Mutual Global is -0.1 (i.e., Good diversification). 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
Average diversification
The correlation between Loomis Sayles Inflation and DJI is 0.13 (i.e., Average 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 | LIPRX | Loomis Sayles Inflation | PairCorr |
0.64 | LSBRX | Loomis Sayles Bond | PairCorr |
0.84 | LSFIX | Loomis Sayles Fixed | PairCorr |
0.93 | LSGBX | Loomis Sayles Global | PairCorr |
0.93 | LSGNX | Loomis Sayles Global | PairCorr |
0.93 | LSGLX | Loomis Sayles Global | PairCorr |
0.95 | LSGSX | Loomis Sayles Inflation | PairCorr |
0.98 | LSIGX | Loomis Sayles Investment | PairCorr |
0.88 | LSSAX | Loomis Sayles Securitized | PairCorr |
0.65 | LBFAX | Loomis Sayles Bond | PairCorr |
1.0 | VIPSX | Vanguard Inflation-protec | PairCorr |
1.0 | VIPIX | Vanguard Inflation-protec | PairCorr |
1.0 | VAIPX | Vanguard Inflation-protec | PairCorr |
0.99 | FLIBX | American Funds Inflation | PairCorr |
0.99 | FIBLX | American Funds Inflation | PairCorr |
0.96 | BFICX | American Funds Inflation | PairCorr |
0.95 | BFIAX | American Funds Inflation | PairCorr |
0.95 | BFIFX | American Funds Inflation | PairCorr |
1.0 | PARRX | Real Return Fund | PairCorr |
0.99 | PRLPX | Pimco Real Return | PairCorr |
Moving against Loomis Mutual Fund
0.54 | LSMIX | Loomis Sayles Smallmid | PairCorr |
0.54 | LSMNX | Loomis Sayles Smallmid | PairCorr |
0.53 | LSCNX | Loomis Sayles Small | PairCorr |
0.52 | LSCRX | Loomis Sayles Small | PairCorr |
0.52 | LSSCX | Loomis Sayles Small | PairCorr |
0.52 | LSVAX | Loomis Sayles Small | PairCorr |
0.49 | LSSIX | Loomis Sayles Small | PairCorr |
0.49 | LSSNX | Loomis Sayles Small | PairCorr |
0.49 | LCGRX | Loomis Sayles Small | PairCorr |
0.45 | LSIOX | Loomis Sayles High | PairCorr |
0.4 | LSHIX | Loomis Sayles Instit | PairCorr |
0.68 | INPIX | Internet Ultrasector Steady Growth | PairCorr |
0.68 | INPSX | Internet Ultrasector Steady Growth | PairCorr |
0.57 | RYVYX | Nasdaq 100 2x | PairCorr |
0.55 | DXQLX | Direxion Monthly Nasdaq Steady Growth | PairCorr |
0.54 | RYVLX | Nasdaq 100 2x Steady Growth | PairCorr |
0.54 | UOPIX | Ultra Nasdaq 100 Steady Growth | PairCorr |
0.54 | RYCCX | Nasdaq 100 2x Steady Growth | PairCorr |
0.54 | UOPSX | Ultranasdaq 100 Profund Steady Growth | PairCorr |
0.31 | JYHRX | Jpmorgan High Yield | PairCorr |
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
| High negative correlations
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
TEDIX | 0.50 | (0.08) | 0.00 | (0.02) | 0.00 | 0.88 | 2.77 | |||
BXFIX | 0.07 | 0.03 | 0.00 | (0.64) | 0.00 | 0.12 | 0.81 | |||
WRLDX | 0.49 | (0.03) | (0.13) | 0.05 | 0.49 | 0.92 | 2.75 | |||
SGMAX | 0.35 | 0.04 | (0.14) | 0.91 | 0.26 | 0.71 | 1.58 | |||
DHGAX | 0.17 | 0.00 | (0.52) | 0.07 | 0.14 | 0.34 | 0.98 | |||
CABIX | 0.31 | 0.02 | (0.18) | 0.87 | 0.36 | 0.57 | 1.86 | |||
AGAZX | 0.31 | (0.05) | (0.28) | (0.02) | 0.35 | 0.64 | 2.03 |