Loomis Sayles Correlations
NERNX Fund | USD 11.55 0.02 0.17% |
The current 90-days correlation between Loomis Sayles E and Dodge Global Stock is 0.23 (i.e., Modest diversification). The correlation of Loomis Sayles 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.
Loomis Sayles Correlation With Market
Modest diversification
The correlation between Loomis Sayles E and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Loomis Sayles E and DJI in the same portfolio, assuming nothing else is changed.
Loomis |
Moving together with Loomis Mutual Fund
0.7 | NOANX | Natixis Oakmark | PairCorr |
0.67 | NOIAX | Natixis Oakmark Inte | PairCorr |
0.67 | NOICX | Natixis Oakmark Inte | PairCorr |
0.75 | GCPAX | Gateway Equity Call | PairCorr |
0.76 | GCPCX | Gateway Equity Call | PairCorr |
0.77 | GCPNX | Gateway Equity Call | PairCorr |
0.7 | NOIYX | Natixis Oakmark Intl | PairCorr |
0.76 | GCPYX | Gateway Equity Call | PairCorr |
0.95 | LGANX | Loomis Sayles Limited | PairCorr |
0.87 | LGBCX | Loomis Sayles Investment | PairCorr |
0.94 | LGBNX | Loomis Sayles Investment | PairCorr |
0.67 | LGMAX | Loomis Sayles Global | PairCorr |
0.67 | LGMCX | Loomis Sayles Global | PairCorr |
0.67 | LGMNX | Loomis Sayles Global | PairCorr |
0.7 | LGRCX | Loomis Sayles Growth | PairCorr |
0.7 | LGRNX | Loomis Sayles Growth | PairCorr |
0.69 | LGRRX | Loomis Sayles Growth | PairCorr |
0.75 | VNSYX | Vaughan Nelson Select | PairCorr |
0.74 | VNSCX | Vaughan Nelson Select | PairCorr |
0.74 | VNSAX | Vaughan Nelson Select | PairCorr |
0.74 | VNSNX | Vaughan Nelson Select | PairCorr |
0.66 | VNVCX | Vaughan Nelson Value | PairCorr |
0.66 | VNVAX | Vaughan Nelson Value | PairCorr |
0.66 | VNVNX | Vaughan Nelson Value | PairCorr |
0.69 | VNVYX | Vaughan Nelson Value | PairCorr |
0.99 | LIGAX | Loomis Sayles Investment | PairCorr |
0.94 | LIGRX | Loomis Sayles Investment | PairCorr |
0.65 | NRFNX | Aew Real Estate | PairCorr |
0.65 | NRFYX | Aew Real Estate | PairCorr |
0.67 | NSFLX | Natixis Sustainable | PairCorr |
Related Correlations Analysis
0.97 | 0.93 | 0.96 | 0.89 | 0.98 | DODWX | ||
0.97 | 0.91 | 0.97 | 0.89 | 0.99 | WRLDX | ||
0.93 | 0.91 | 0.94 | 0.88 | 0.91 | GLOIX | ||
0.96 | 0.97 | 0.94 | 0.96 | 0.97 | MSTGX | ||
0.89 | 0.89 | 0.88 | 0.96 | 0.89 | MFIRX | ||
0.98 | 0.99 | 0.91 | 0.97 | 0.89 | JGECX | ||
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Risk-Adjusted Indicators
There is a big difference between Loomis Mutual Fund performing well and Loomis Sayles 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 Loomis Sayles' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
DODWX | 0.51 | 0.08 | 0.03 | 0.33 | 0.23 | 1.45 | 3.29 | |||
WRLDX | 0.50 | 0.15 | (0.12) | (1.35) | 0.36 | 1.20 | 2.90 | |||
GLOIX | 0.55 | 0.16 | (0.05) | 2.65 | 0.38 | 1.30 | 2.83 | |||
MSTGX | 0.26 | 0.11 | (0.26) | (2.40) | 0.00 | 0.65 | 1.55 | |||
MFIRX | 0.15 | 0.04 | (0.75) | (4.08) | 0.00 | 0.38 | 0.76 | |||
JGECX | 0.50 | 0.22 | (0.01) | (2.02) | 0.24 | 1.49 | 3.38 |