Natixis Sustainable Correlations
| NSFBX Fund | USD 8.96 0.01 0.11% |
The current 90-days correlation between Natixis Sustainable and Natixis Sustainable Future is 0.98 (i.e., Almost no diversification). The correlation of Natixis Sustainable 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 Sustainable Correlation With Market
Very weak diversification
The correlation between Natixis Sustainable Future and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Natixis Sustainable Future and DJI in the same portfolio, assuming nothing else is changed.
Natixis |
Moving together with Natixis Mutual Fund
| 0.64 | NOANX | Natixis Oakmark | PairCorr |
| 0.74 | NSFLX | Natixis Sustainable | PairCorr |
| 0.72 | NSFKX | Natixis Sustainable | PairCorr |
| 0.8 | NSFJX | Natixis Sustainable | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Natixis Mutual Fund performing well and Natixis Sustainable 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 Sustainable'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NSFDX | 0.39 | (0.07) | 0.00 | (0.14) | 0.00 | 0.78 | 4.44 | |||
| NSFLX | 0.73 | (0.07) | 0.00 | (0.08) | 0.00 | 1.40 | 4.68 | |||
| NSFGX | 0.57 | (0.07) | 0.00 | (0.11) | 0.00 | 1.00 | 4.82 | |||
| NSFEX | 0.47 | (0.08) | 0.00 | (0.14) | 0.00 | 0.83 | 5.30 |