Natixis Oakmark Correlations

NOIAX Fund

USD 14.94 0.02 0.13%

The current 90-days correlation between Natixis Oakmark Inte and Transamerica Bond Class is 0.23 (i.e., Modest 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

Very weak diversification

The correlation between Natixis Oakmark International and DJI is 0.49 (i.e., Very 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 nation.

Moving together with Natixis Mutual Fund

0.98	NOICX	Natixis Oakmark Inte	Pair Corr
1.0	NOIYX	Natixis Oakmark Intl	Pair Corr
0.91	LGANX	Loomis Sayles Limited	Pair Corr
0.91	LGBCX	Loomis Sayles Investment	Pair Corr
0.91	LGBNX	Loomis Sayles Investment	Pair Corr
0.91	LIGAX	Loomis Sayles Investment	Pair Corr
0.91	LIGRX	Loomis Sayles Investment	Pair Corr

Moving against Natixis Mutual Fund

0.77	AMFAX	Asg Managed Futures	Pair Corr
0.76	AMFNX	Asg Managed Futures	Pair Corr
0.59	VNSCX	Vaughan Nelson Select	Pair Corr
0.58	VNSYX	Vaughan Nelson Select	Pair Corr
0.58	VNSAX	Vaughan Nelson Select	Pair Corr
0.58	VNSNX	Vaughan Nelson Select	Pair Corr
0.55	LGRCX	Loomis Sayles Growth	Pair Corr
0.55	LGRRX	Loomis Sayles Growth	Pair Corr
0.54	LGRNX	Loomis Sayles Growth	Pair Corr
0.4	GCPCX	Gateway Equity Call	Pair Corr
0.38	GCPAX	Gateway Equity Call	Pair Corr
0.38	GCPNX	Gateway Equity Call	Pair Corr
0.38	GCPYX	Gateway Equity Call	Pair Corr
0.62	VNVCX	Vaughan Nelson Value	Pair Corr
0.61	VNVAX	Vaughan Nelson Value	Pair Corr
0.61	VNVNX	Vaughan Nelson Value	Pair Corr
0.61	VNVYX	Vaughan Nelson Value	Pair Corr

Related Correlations Analysis

	TAADX	MSTBX	WACIX	UIITX	DBLFX	GHVIX	ANBIX	ARTFX
TAADX		0.96	0.99	1.0	0.96	0.84	0.95	0.78	TAADX
MSTBX	0.96		0.95	0.96	0.98	0.84	0.99	0.77	MSTBX
WACIX	0.99	0.95		0.99	0.95	0.88	0.95	0.81	WACIX
UIITX	1.0	0.96	0.99		0.97	0.84	0.95	0.78	UIITX
DBLFX	0.96	0.98	0.95	0.97		0.83	0.97	0.75	DBLFX
GHVIX	0.84	0.84	0.88	0.84	0.83		0.88	0.95	GHVIX
ANBIX	0.95	0.99	0.95	0.95	0.97	0.88		0.82	ANBIX
ARTFX	0.78	0.77	0.81	0.78	0.75	0.95	0.82		ARTFX
	TAADX	MSTBX	WACIX	UIITX	DBLFX	GHVIX	ANBIX	ARTFX

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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
TAADX	0.22	0.02	0.17	0.40	0.14	(0.27)	0.50	(0.38)	1.27
MSTBX	0.10	0.02	0.29	(0.94)	0.00	(0.15)	0.21	(0.21)	0.62
WACIX	0.25	0.03	0.17	0.41	0.18	(0.30)	0.55	(0.33)	1.56
UIITX	0.22	0.02	0.18	0.62	0.15	(0.28)	0.55	(0.43)	1.45
DBLFX	0.22	0.02	0.18	(0.46)	0.13	(0.26)	0.54	(0.33)	1.33
GHVIX	0.16	0.01	0.17	(0.36)	0.13	(0.17)	0.30	(0.35)	1.01
ANBIX	0.15	0.04	0.29	(1.26)	0.00	(0.21)	0.38	(0.30)	0.98
ARTFX	0.13	0.01	0.15	(0.22)	0.06	(0.19)	0.44	(0.22)	0.89

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