Natixis Oakmark Correlations

NECOX Fund

USD 23.20 0.30 1.31%

The current 90-days correlation between Natixis Oakmark and Franklin Gold Precious is 0.06 (i.e., Significant diversification). The correlation of Natixis Oakmark 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.

Natixis Oakmark Correlation With Market

Significant diversification

The correlation between Natixis Oakmark Fund and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natixis Oakmark Fund 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 Natixis Oakmark Fund. 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 persons.

Moving together with Natixis Mutual Fund

0.78	NOANX	Natixis Oakmark	Pair Corr
0.66	LGBCX	Loomis Sayles Investment	Pair Corr
0.62	LGBNX	Loomis Sayles Investment	Pair Corr
0.61	LGMAX	Loomis Sayles Global	Pair Corr
0.61	LGMNX	Loomis Sayles Global	Pair Corr
0.71	NRCFX	Aew Real Estate	Pair Corr
0.7	NRFAX	Aew Real Estate	Pair Corr
0.82	NRFNX	Aew Real Estate	Pair Corr
0.7	NRFYX	Aew Real Estate	Pair Corr
0.9	NSFLX	Natixis Sustainable	Pair Corr
0.62	NSFKX	Natixis Sustainable	Pair Corr
0.72	NSFJX	Natixis Sustainable	Pair Corr

Moving against Natixis Mutual Fund

0.4	AMFNX	Asg Managed Futures	Pair Corr
0.38	AMFAX	Asg Managed Futures	Pair Corr

Related Correlations Analysis

	FRGOX	AGGWX	EPGIX	FEGOX	SGDLX	IOGYX	USERX
FRGOX		0.96	0.92	0.95	0.98	0.93	0.95	FRGOX
AGGWX	0.96		0.97	1.0	0.93	0.98	0.99	AGGWX
EPGIX	0.92	0.97		0.97	0.9	0.98	0.98	EPGIX
FEGOX	0.95	1.0	0.97		0.91	0.97	0.99	FEGOX
SGDLX	0.98	0.93	0.9	0.91		0.93	0.93	SGDLX
IOGYX	0.93	0.98	0.98	0.97	0.93		0.99	IOGYX
USERX	0.95	0.99	0.98	0.99	0.93	0.99		USERX
	FRGOX	AGGWX	EPGIX	FEGOX	SGDLX	IOGYX	USERX

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Risk-Adjusted Indicators

There is a big difference between Natixis Mutual Fund performing well and Natixis Oakmark 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 Natixis Oakmark's 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
FRGOX	1.22	0.19	0.12	0.32	1.51	(1.29)	2.77	(2.63)	6.75
AGGWX	1.31	0.14	0.09	(0.68)	1.63	(1.40)	2.88	(3.38)	7.06
EPGIX	1.37	0.07	0.05	(0.42)	1.71	(1.43)	3.24	(3.23)	7.48
FEGOX	1.21	0.15	0.11	(0.70)	1.48	(1.31)	2.83	(2.89)	6.86
SGDLX	1.25	0.09	0.06	0.26	1.63	(1.25)	2.36	(2.88)	6.91
IOGYX	1.28	0.04	0.04	(0.22)	1.72	(1.41)	2.68	(3.60)	7.37
USERX	1.26	0.11	0.08	(0.56)	1.55	(1.40)	2.63	(3.02)	7.07

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