Natixis Sustainable Correlations

Mutual Funds . USA . 
Fund . Natixis Sustainable Future
NSFDX Fund  USD 8.94  0.05  0.56%   
The current 90-days correlation between Natixis Sustainable and Oklahoma College Savings is 0.66 (i.e., Poor 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 0.56 (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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natixis Sustainable Future. 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 unemployment.

Moving together with Natixis Mutual Fund

  0.79NOANX Natixis OakmarkPairCorr
  0.68LGMAX Loomis Sayles GlobalPairCorr
  0.67LGMCX Loomis Sayles GlobalPairCorr
  0.78LIGGX Loomis Sayles InternPairCorr
  0.77LIGNX Loomis Sayles InternPairCorr
  0.69NRCFX Aew Real EstatePairCorr
  0.81NRFAX Aew Real EstatePairCorr
  0.81NRFNX Aew Real EstatePairCorr
  0.68NRFYX Aew Real EstatePairCorr
  0.9NSFLX Natixis SustainablePairCorr
  0.9NSFKX Natixis SustainablePairCorr
  0.92NSFHX Natixis SustainablePairCorr
  0.69NSFGX Natixis SustainablePairCorr
  0.97NSFFX Natixis SustainablePairCorr
  0.99NSFEX Natixis SustainablePairCorr
  0.74ESGYX Mirova Global SustainablePairCorr
  0.75NECOX Natixis OakmarkPairCorr

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.

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