Natixis Oakmark Correlations

NIONX Fund

USD 14.67 0.04 0.27%

The current 90-days correlation between Natixis Oakmark Inte and Investec Emerging Markets is 0.08 (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

Weak diversification

The correlation between Natixis Oakmark International and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natixis Oakmark International 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 International. 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 Natixis Mutual Fund

0.93	NOIAX	Natixis Oakmark Inte	Pair Corr
0.93	NOICX	Natixis Oakmark Inte	Pair Corr
0.63	GCPAX	Gateway Equity Call	Pair Corr
0.64	GCPNX	Gateway Equity Call	Pair Corr
0.93	NOIYX	Natixis Oakmark Intl	Pair Corr
0.64	GCPYX	Gateway Equity Call	Pair Corr
0.75	LGANX	Loomis Sayles Limited	Pair Corr
0.64	LGBNX	Loomis Sayles Investment	Pair Corr
0.79	LIGCX	Loomis Sayles Intern	Pair Corr
0.68	LIGAX	Loomis Sayles Investment	Pair Corr
0.8	LIGGX	Loomis Sayles Intern	Pair Corr
0.84	LIGNX	Loomis Sayles Intern	Pair Corr
0.67	LIGYX	Loomis Sayles Intern	Pair Corr

Moving against Natixis Mutual Fund

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

Related Correlations Analysis

	ZEMIX	RYMBX	SMSNX	BXECX	MPEMX	PLMPX	WIFMX
ZEMIX		0.38	0.81	0.81	0.88	0.88	0.77	ZEMIX
RYMBX	0.38		0.28	0.41	0.17	0.53	0.32	RYMBX
SMSNX	0.81	0.28		0.95	0.85	0.9	0.82	SMSNX
BXECX	0.81	0.41	0.95		0.81	0.93	0.88	BXECX
MPEMX	0.88	0.17	0.85	0.81		0.81	0.84	MPEMX
PLMPX	0.88	0.53	0.9	0.93	0.81		0.82	PLMPX
WIFMX	0.77	0.32	0.82	0.88	0.84	0.82		WIFMX
	ZEMIX	RYMBX	SMSNX	BXECX	MPEMX	PLMPX	WIFMX

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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
ZEMIX	0.69	0.06	0.07	0.25	0.87	(0.76)	1.61	(1.57)	4.37
RYMBX	0.60	0.04	0.10	(1.34)	0.61	(0.71)	1.32	(1.24)	4.72
SMSNX	0.20	0.03	0.18	0.39	0.05	(0.28)	0.43	(0.42)	1.00
BXECX	0.21	0.02	0.17	0.46	0.10	(0.30)	0.54	(0.40)	1.35
MPEMX	0.56	0.01	0.04	0.01	0.69	(0.63)	1.20	(1.39)	3.00
PLMPX	0.23	0.02	0.14	0.26	0.15	(0.35)	0.56	(0.42)	1.42
WIFMX	0.62	0.01	0.03	0.02	0.82	(0.71)	1.11	(1.40)	3.81

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