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.
  
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

  0.95VIPSX Vanguard InflationPairCorr
  0.96VIPIX Vanguard Inflation-protecPairCorr
  0.95VAIPX Vanguard InflationPairCorr
  0.99FLIBX American Funds InflationPairCorr
  0.99FIBLX American Funds InflationPairCorr
  0.96BFICX American Funds InflationPairCorr
  0.96BFIAX American Funds InflationPairCorr
  0.96BFIFX American Funds InflationPairCorr
  0.96PARRX Real Return FundPairCorr
  0.96PRLPX Pimco Real ReturnPairCorr
  0.65NHS Neuberger Berman HighPairCorr
  0.72PFE Pfizer Inc Fiscal Year End 4th of February 2025 PairCorr
  0.64MMM 3M Company Fiscal Year End 28th of January 2025 PairCorr
  0.89MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr

Moving against Loomis Mutual Fund

  0.73CLM Cornerstone StrategicPairCorr
  0.67TRV The Travelers Companies Fiscal Year End 17th of January 2025 PairCorr
  0.72CSCO Cisco Systems Aggressive PushPairCorr
  0.69CVX Chevron Corp Fiscal Year End 7th of February 2025 PairCorr
  0.64AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.59T ATT Inc Aggressive PushPairCorr
  0.59DIS Walt DisneyPairCorr
  0.57HPQ HP IncPairCorr
  0.54WMT Walmart Aggressive PushPairCorr
  0.49INTC Intel Downward RallyPairCorr
  0.36CAT Caterpillar Fiscal Year End 3rd of February 2025 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   
EVOIXWAFAX
AMTTXAMFZX
PFFAXAMFZX
DIASXAMFZX
WAFAXAMFZX
EVOIXAMFZX
  
High negative correlations   
FIFGXEVOIX
FIFGXAMTTX
WAFAXAMTTX
FIFGXWAFAX
EVOIXAMTTX
TFSHXFIFGX

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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum 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