Loomis Sayles Correlations

LIPNX Fund  USD 9.70  0.01  0.10%   
The current 90-days correlation between Loomis Sayles Inflation and Loomis Sayles Inflation is -0.07 (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

Significant diversification

The correlation between Loomis Sayles Inflation and DJI is 0.09 (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

  1.0VIPSX Vanguard InflationPairCorr
  0.96VIPIX Vanguard Inflation-protecPairCorr
  0.95VAIPX Vanguard InflationPairCorr
  0.95FLIBX American Funds InflationPairCorr
  0.95FIBLX American Funds InflationPairCorr
  0.95BFICX American Funds InflationPairCorr
  0.96BFIAX American Funds InflationPairCorr
  0.93BFIFX American Funds InflationPairCorr
  0.96PARRX Real Return FundPairCorr
  0.92PRLPX Pimco Real ReturnPairCorr
  0.69NHS Neuberger Berman HighPairCorr
  0.71PFE Pfizer Inc Fiscal Year End 4th of February 2025 PairCorr
  0.61VZ Verizon Communications Fiscal Year End 28th of January 2025 PairCorr
  0.64MMM 3M Company Sell-off TrendPairCorr
  0.9MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr

Moving against Loomis Mutual Fund

  0.72CLM Cornerstone Strategic Sell-off TrendPairCorr
  0.68TRV The Travelers Companies Fiscal Year End 17th of January 2025 PairCorr
  0.72CSCO Cisco Systems Sell-off TrendPairCorr
  0.7CVX Chevron Corp Fiscal Year End 7th of February 2025 PairCorr
  0.66AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.59T ATT Inc Aggressive PushPairCorr
  0.58DIS Walt DisneyPairCorr
  0.57HPQ HP IncPairCorr
  0.52WMT Walmart Aggressive PushPairCorr
  0.51INTC Intel Fiscal Year End 23rd of January 2025 PairCorr
  0.38CAT 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   
LSBRXLSBDX
LSGBXLIPNX
LIPRXLIPNX
LSGBXLIPRX
LSCRXLSCNX
LSHIXLSCNX
  
High negative correlations   
LSGBXLSCRX
LSHIXLSGBX
LSGBXLSCNX
LSHIXLIPRX
LSCRXLIPNX
LSCNXLIPRX

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
LIPNX  0.22 (0.02) 0.00 (0.40) 0.00 
 0.41 
 1.22 
LIPRX  0.21 (0.02) 0.00 (0.49) 0.00 
 0.41 
 1.13 
LSBDX  0.15  0.00 (0.54) 0.24  0.12 
 0.42 
 1.09 
LSBNX  0.17  0.01 (0.49) 0.35  0.11 
 0.42 
 1.26 
LSBRX  0.16  0.00 (0.51) 0.32  0.12 
 0.42 
 1.10 
LSCNX  0.77  0.12  0.03  0.60  0.53 
 1.94 
 7.51 
LSCRX  0.77 (0.03) 0.03  0.11  0.53 
 1.93 
 7.47 
LSFIX  0.18  0.01 (0.54) 0.40  0.13 
 0.33 
 0.91 
LSGBX  0.27 (0.05) 0.00 (0.48) 0.00 
 0.55 
 1.64 
LSHIX  0.14  0.05 (0.35) 1.22  0.00 
 0.34 
 0.85