Natixis Sustainable Correlations

Mutual Funds . USA . 
Fund . Natixis Sustainable Future
NSFMX Fund  USD 12.43  0.13  1.04%   
The current 90-days correlation between Natixis Sustainable and Federated Municipal Ultrashort is -0.1 (i.e., Good 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

Poor diversification

The correlation between Natixis Sustainable Future and DJI is 0.72 (i.e., 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 population.

Moving together with Natixis Mutual Fund

  0.9NOANX Natixis OakmarkPairCorr
  0.85GCPAX Gateway Equity CallPairCorr
  0.84GCPCX Gateway Equity CallPairCorr
  0.85GCPNX Gateway Equity CallPairCorr
  0.85GCPYX Gateway Equity CallPairCorr
  0.92LGMAX Loomis Sayles GlobalPairCorr
  0.91LGMCX Loomis Sayles GlobalPairCorr
  0.92LGMNX Loomis Sayles GlobalPairCorr
  0.75LGRCX Loomis Sayles GrowthPairCorr
  0.76LGRNX Loomis Sayles GrowthPairCorr
  0.75LGRRX Loomis Sayles GrowthPairCorr
  0.62VNSYX Vaughan Nelson SelectPairCorr
  0.61VNSCX Vaughan Nelson SelectPairCorr
  0.68VNSAX Vaughan Nelson SelectPairCorr
  0.68VNSNX Vaughan Nelson SelectPairCorr
  0.65VNVCX Vaughan Nelson ValuePairCorr
  0.65VNVNX Vaughan Nelson ValuePairCorr
  0.65VNVYX Vaughan Nelson ValuePairCorr
  0.89LIGCX Loomis Sayles InternPairCorr
  0.88LIGGX Loomis Sayles InternPairCorr
  0.86LIGNX Loomis Sayles InternPairCorr
  0.88LIGYX Loomis Sayles InternPairCorr
  0.71NRFAX Aew Real EstatePairCorr
  0.7NRFNX Aew Real EstatePairCorr
  1.0NSFLX Natixis SustainablePairCorr
  1.0NSFKX 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.

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