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

0.82	NOANX	Natixis Oakmark	Pair Corr
0.66	GCPAX	Gateway Equity Call	Pair Corr
0.65	GCPCX	Gateway Equity Call	Pair Corr
0.66	GCPNX	Gateway Equity Call	Pair Corr
0.66	GCPYX	Gateway Equity Call	Pair Corr
0.73	LGMAX	Loomis Sayles Global	Pair Corr
0.72	LGMCX	Loomis Sayles Global	Pair Corr
0.74	LGMNX	Loomis Sayles Global	Pair Corr
0.85	LIGCX	Loomis Sayles Intern	Pair Corr
0.76	LIGGX	Loomis Sayles Intern	Pair Corr
0.76	LIGNX	Loomis Sayles Intern	Pair Corr
0.85	LIGYX	Loomis Sayles Intern	Pair Corr
0.64	NRCFX	Aew Real Estate	Pair Corr
0.77	NRFAX	Aew Real Estate	Pair Corr
0.77	NRFNX	Aew Real Estate	Pair Corr
0.64	NRFYX	Aew Real Estate	Pair Corr
0.93	NSFLX	Natixis Sustainable	Pair Corr
0.93	NSFKX	Natixis Sustainable	Pair Corr
0.94	NSFJX	Natixis Sustainable	Pair Corr

Related Correlations Analysis

	DVFYX	SWGXX	FIDAX	QCMMIX	FMFXX	GCFSX	FNPIX
DVFYX		0.2	0.73	0.04	0.0	0.6	0.86	DVFYX
SWGXX	0.2		0.11	0.15	0.0	0.15	0.06	SWGXX
FIDAX	0.73	0.11		-0.26	0.0	0.35	0.85	FIDAX
QCMMIX	0.04	0.15	-0.26		0.0	0.72	0.06	QCMMIX
FMFXX	0.0	0.0	0.0	0.0		0.0	0.0	FMFXX
GCFSX	0.6	0.15	0.35	0.72	0.0		0.7	GCFSX
FNPIX	0.86	0.06	0.85	0.06	0.0	0.7		FNPIX
	DVFYX	SWGXX	FIDAX	QCMMIX	FMFXX	GCFSX	FNPIX

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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

FNPIX	+ 0.86	DVFYX
FNPIX	+ 0.85	FIDAX
FIDAX	+ 0.73	DVFYX
GCFSX	+ 0.72	QCMMIX
FNPIX	+ 0.7	GCFSX
GCFSX	+ 0.6	DVFYX

High negative correlations

QCMMIX	- 0.26	FIDAX
FNPIX	- 0.0	FMFXX
GCFSX	- 0.0	FMFXX
FMFXX	- 0.0	QCMMIX
FMFXX	- 0.0	FIDAX
FMFXX	- 0.0	SWGXX

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
DVFYX	0.84	0.05	0.04	(0.58)	1.25	(0.81)	1.65	(2.39)	6.47
SWGXX	0.03	0.01	0.00	0.14	0.00	0.00	0.00	0.00	1.01
FIDAX	0.85	(0.01)	0.00	(0.01)	1.35	(0.81)	2.02	(2.24)	6.35
QCMMIX	0.02	0.01	0.00	6.04	0.00	0.00	0.03	0.00	0.03
FMFXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GCFSX	0.74	0.11	0.10	(30.08)	0.87	(0.83)	1.80	(1.39)	4.68
FNPIX	1.23	0.03	0.02	1.32	1.72	(1.27)	2.66	(2.77)	9.08

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