Natixis Sustainable Correlations

NSFLX Fund  USD 12.72  0.03  0.24%   
The current 90-days correlation between Natixis Sustainable and Natixis Sustainable Future is 0.94 (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 poor diversification

The correlation between Natixis Sustainable Future and DJI is 0.84 (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 bureau of economic analysis.

Moving together with Natixis Mutual Fund

  0.78NOANX Natixis OakmarkPairCorr
  0.8GCPAX Gateway Equity CallPairCorr
  0.85GCPCX Gateway Equity CallPairCorr
  0.86GCPNX Gateway Equity CallPairCorr
  0.87GCPYX Gateway Equity CallPairCorr
  0.93LGMAX Loomis Sayles GlobalPairCorr
  0.87LGMCX Loomis Sayles GlobalPairCorr
  0.85LGMNX Loomis Sayles GlobalPairCorr
  0.76LGRCX Loomis Sayles GrowthPairCorr
  0.77LGRNX Loomis Sayles GrowthPairCorr
  0.69LGRRX Loomis Sayles GrowthPairCorr
  0.68VNSAX Vaughan Nelson SelectPairCorr
  0.66VNVNX Vaughan Nelson ValuePairCorr
  0.67VNVYX Vaughan Nelson ValuePairCorr
  0.85LIGCX Loomis Sayles InternPairCorr
  0.85LIGGX Loomis Sayles InternPairCorr
  0.9LIGNX Loomis Sayles InternPairCorr
  0.9LIGYX Loomis Sayles InternPairCorr
  0.74NRCFX Aew Real EstatePairCorr
  0.69NRFAX Aew Real EstatePairCorr
  0.73NRFNX Aew Real EstatePairCorr
  0.73NRFYX Aew Real EstatePairCorr
  0.88NSFKX Natixis SustainablePairCorr
  1.0NSFJX Natixis SustainablePairCorr

Related Correlations Analysis

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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.