Loomis Sayles Correlations

Mutual Funds . USA . 
Fund . Loomis Sayles E
NERYX Fund  USD 11.59  0.04  0.35%   
The current 90-days correlation between Loomis Sayles E and Bbh Intermediate Municipal is 0.57 (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

Good diversification

The correlation between Loomis Sayles E and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Loomis Sayles E 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 E. 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 manufacturing.

Moving together with Loomis Mutual Fund

  0.84AMFAX Asg Managed FuturesPairCorr
  0.83AMFNX Asg Managed FuturesPairCorr
  0.95LGANX Loomis Sayles LimitedPairCorr
  0.96LGBCX Loomis Sayles InvestmentPairCorr
  0.96LGBNX Loomis Sayles InvestmentPairCorr
  0.99LIGRX Loomis Sayles InvestmentPairCorr
  0.81NRCFX Aew Real EstatePairCorr
  0.79NRFAX Aew Real EstatePairCorr
  0.79NRFNX Aew Real EstatePairCorr
  0.79NRFYX Aew Real EstatePairCorr

Moving against Loomis Mutual Fund

  0.79NOANX Natixis OakmarkPairCorr
  0.78GCPAX Gateway Equity CallPairCorr
  0.78GCPCX Gateway Equity CallPairCorr
  0.78GCPNX Gateway Equity CallPairCorr
  0.78GCPYX Gateway Equity CallPairCorr
  0.77LGRCX Loomis Sayles GrowthPairCorr
  0.77LGRNX Loomis Sayles GrowthPairCorr
  0.41LGMAX Loomis Sayles GlobalPairCorr
  0.35LGMCX Loomis Sayles GlobalPairCorr
  0.32LGMNX Loomis Sayles GlobalPairCorr
  0.77LGRRX Loomis Sayles GrowthPairCorr
  0.76VNVAX Vaughan Nelson ValuePairCorr
  0.76VNVNX Vaughan Nelson ValuePairCorr
  0.76VNVYX Vaughan Nelson ValuePairCorr
  0.75VNVCX Vaughan Nelson ValuePairCorr
  0.7VNSYX Vaughan Nelson SelectPairCorr
  0.69VNSNX Vaughan Nelson SelectPairCorr
  0.68VNSCX Vaughan Nelson SelectPairCorr
  0.61VNSAX Vaughan Nelson SelectPairCorr
  0.6NSFLX Natixis SustainablePairCorr
  0.53NSFKX Natixis SustainablePairCorr
  0.7NECOX Natixis OakmarkPairCorr
  0.6NSFOX Natixis SustainablePairCorr
  0.6NSFMX Natixis SustainablePairCorr
  0.58VSCNX Vaughan Nelson SmallPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY