Loomis Sayles Correlations

LIPNX Fund  USD 9.71  0.01  0.10%   
The current 90-days correlation between Loomis Sayles Inflation and Vy Clarion Real is 0.44 (i.e., Very weak 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 0.11 (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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loomis Sayles Inflation. 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 board of governors.

Moving together with Loomis Mutual Fund

  1.0LIPRX Loomis Sayles InflationPairCorr
  0.72LSBDX Loomis Sayles BondPairCorr
  0.72LSBNX Loomis Sayles BondPairCorr
  0.76LSBRX Loomis Sayles BondPairCorr
  0.88LSFIX Loomis Sayles FixedPairCorr
  0.97LSGNX Loomis Sayles GlobalPairCorr
  0.97LSGLX Loomis Sayles GlobalPairCorr
  1.0LSGSX Loomis Sayles InflationPairCorr
  0.98LSIGX Loomis Sayles InvestmentPairCorr
  0.95LSSAX Loomis Sayles SecuritizedPairCorr
  0.76LBFAX Loomis Sayles BondPairCorr
  1.0VIPSX Vanguard Inflation-protecPairCorr
  1.0VIPIX Vanguard Inflation-protecPairCorr
  1.0VAIPX Vanguard Inflation-protecPairCorr
  0.99FLIBX American Funds InflationPairCorr
  0.99FIBLX American Funds InflationPairCorr
  0.99BFICX American Funds InflationPairCorr
  0.99BFIAX American Funds InflationPairCorr
  0.99BFIFX American Funds InflationPairCorr
  1.0PARRX Real Return FundPairCorr
  1.0PRLPX Pimco Real ReturnPairCorr

Moving against Loomis Mutual Fund

  0.53LSIOX Loomis Sayles HighPairCorr
  0.52LSMIX Loomis Sayles SmallmidPairCorr
  0.52LSMNX Loomis Sayles SmallmidPairCorr
  0.5LSCNX Loomis Sayles SmallPairCorr
  0.5LSSCX Loomis Sayles SmallPairCorr
  0.49LSCRX Loomis Sayles SmallPairCorr
  0.46LSHIX Loomis Sayles InstitPairCorr
  0.64SMPIX Semiconductor Ultrasector Steady GrowthPairCorr
  0.63SMPSX Semiconductor UltrasectorPairCorr
  0.57RSNRX Victory Global NaturalPairCorr
  0.56RGNCX Victory Global NaturalPairCorr
  0.47LSSIX Loomis Sayles SmallPairCorr
  0.47LSSNX Loomis Sayles SmallPairCorr
  0.47LCGRX Loomis Sayles SmallPairCorr
  0.75LSHUX Horizon Spin OffPairCorr
  0.75LSHAX Horizon Spin OffPairCorr
  0.71CLM Cornerstone Strategic Sell-off TrendPairCorr
  0.6PRUFX T Rowe PricePairCorr

Related Correlations Analysis

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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.