Natixis Sustainable Correlations

Mutual Funds . USA . 
Fund . Natixis Sustainable Future
NSFHX Fund  USD 13.23  0.06  0.46%   
The current 90-days correlation between Natixis Sustainable and Leggmason Partners Institutional is 0.09 (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 poor diversification

The correlation between Natixis Sustainable Future and DJI is 0.87 (i.e., Very poor 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 rate.

Moving together with Natixis Mutual Fund

  0.9NOANX Natixis OakmarkPairCorr
  0.95GCPAX Gateway Equity CallPairCorr
  0.95GCPCX Gateway Equity CallPairCorr
  0.95GCPNX Gateway Equity CallPairCorr
  0.95GCPYX Gateway Equity CallPairCorr
  0.92LGMAX Loomis Sayles GlobalPairCorr
  0.91LGMCX Loomis Sayles GlobalPairCorr
  0.93LGMNX Loomis Sayles GlobalPairCorr
  0.91LGRCX Loomis Sayles GrowthPairCorr
  0.91LGRNX Loomis Sayles GrowthPairCorr
  0.91LGRRX Loomis Sayles GrowthPairCorr
  0.97VNSYX Vaughan Nelson SelectPairCorr
  0.97VNSCX Vaughan Nelson SelectPairCorr
  0.97VNSAX Vaughan Nelson SelectPairCorr
  0.97VNSNX Vaughan Nelson SelectPairCorr
  0.95VNVCX Vaughan Nelson ValuePairCorr
  0.95VNVAX Vaughan Nelson ValuePairCorr
  0.95VNVNX Vaughan Nelson ValuePairCorr
  0.95VNVYX Vaughan Nelson ValuePairCorr
  0.71LIGGX Loomis Sayles InternPairCorr
  0.72LIGNX Loomis Sayles InternPairCorr
  0.72LIGYX Loomis Sayles InternPairCorr
  1.0NSFLX Natixis SustainablePairCorr
  1.0NSFKX Natixis SustainablePairCorr
  1.0NSFJX Natixis SustainablePairCorr
  1.0NSFOX Natixis SustainablePairCorr

Moving against Natixis Mutual Fund

  0.57LGBCX Loomis Sayles InvestmentPairCorr
  0.55LGBNX Loomis Sayles InvestmentPairCorr
  0.46LGANX Loomis Sayles LimitedPairCorr
  0.33NOICX Natixis Oakmark IntePairCorr
  0.32NOIAX Natixis Oakmark IntePairCorr
  0.31NOIYX Natixis Oakmark IntlPairCorr
  0.56LIGAX Loomis Sayles InvestmentPairCorr
  0.55LIGRX Loomis Sayles InvestmentPairCorr
  0.31ASFCX Asg Managed FuturesPairCorr

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   
SCPXX
+ 1.0
LTFXX
WRLDX
+ 0.79
VOLMX
IAADX
+ 0.75
BBIIX
VOLMX
+ 0.19
LTFXX
BBIIX
+ 0.19
LTFXX
SCPXX
+ 0.19
VOLMX
  
High negative correlations   
BBIIX
- 0.39
VOLMX
IAADX
- 0.19
VOLMX

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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