Natixis Sustainable Correlations

NSFEX Fund  USD 10.68  0.07  0.65%   
The current 90-days correlation between Natixis Sustainable and Davis Financial Fund is 0.03 (i.e., Significant 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 0.57 (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 income.

Moving together with Natixis Mutual Fund

  0.82NOANX Natixis OakmarkPairCorr
  0.66GCPAX Gateway Equity CallPairCorr
  0.65GCPCX Gateway Equity CallPairCorr
  0.66GCPNX Gateway Equity CallPairCorr
  0.66GCPYX Gateway Equity CallPairCorr
  0.73LGMAX Loomis Sayles GlobalPairCorr
  0.72LGMCX Loomis Sayles GlobalPairCorr
  0.74LGMNX Loomis Sayles GlobalPairCorr
  0.85LIGCX Loomis Sayles InternPairCorr
  0.76LIGGX Loomis Sayles InternPairCorr
  0.76LIGNX Loomis Sayles InternPairCorr
  0.85LIGYX Loomis Sayles InternPairCorr
  0.64NRCFX Aew Real EstatePairCorr
  0.77NRFAX Aew Real EstatePairCorr
  0.77NRFNX Aew Real EstatePairCorr
  0.64NRFYX Aew Real EstatePairCorr
  0.93NSFLX Natixis SustainablePairCorr
  0.93NSFKX Natixis SustainablePairCorr
  0.94NSFJX Natixis SustainablePairCorr

Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
FNPIXDVFYX
FNPIXFIDAX
FIDAXDVFYX
GCFSXQCMMIX
FNPIXGCFSX
GCFSXDVFYX
  
High negative correlations   
QCMMIXFIDAX
FNPIXFMFXX
GCFSXFMFXX
FMFXXQCMMIX
FMFXXFIDAX
FMFXXSWGXX

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.