Loomis Sayles Correlations

LSGRX Fund

USD 33.50 0.10 0.30%

The current 90-days correlation between Loomis Sayles Growth and Biotechnology Ultrasector Profund is 0.4 (i.e., Very weak 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

Poor diversification

The correlation between Loomis Sayles Growth and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Loomis Sayles Growth 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 Loomis Sayles Growth. 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 real.

Moving together with Loomis Mutual Fund

0.62	AMFAX	Asg Managed Futures	Pair Corr
0.75	NOIAX	Natixis Oakmark Inte	Pair Corr
0.76	NOICX	Natixis Oakmark Inte	Pair Corr
0.75	NOIYX	Natixis Oakmark Intl	Pair Corr
0.71	LGMAX	Loomis Sayles Global	Pair Corr
0.73	LGMCX	Loomis Sayles Global	Pair Corr
0.7	LGMNX	Loomis Sayles Global	Pair Corr
1.0	LGRCX	Loomis Sayles Growth	Pair Corr
0.84	LGRNX	Loomis Sayles Growth	Pair Corr
1.0	LGRRX	Loomis Sayles Growth	Pair Corr
0.88	VNSYX	Vaughan Nelson Select	Pair Corr
0.9	VNSCX	Vaughan Nelson Select	Pair Corr
0.74	VNSAX	Vaughan Nelson Select	Pair Corr
0.88	VNSNX	Vaughan Nelson Select	Pair Corr
0.88	LIGCX	Loomis Sayles Intern	Pair Corr
0.82	LIGGX	Loomis Sayles Intern	Pair Corr
0.89	LIGNX	Loomis Sayles Intern	Pair Corr
0.82	LIGYX	Loomis Sayles Intern	Pair Corr
0.62	NRCFX	Aew Real Estate	Pair Corr
0.63	ASFCX	Asg Managed Futures	Pair Corr
0.61	ASFYX	Asg Managed Futures	Pair Corr

Related Correlations Analysis

	BIPIX	TEPIX	USTCX	FIKHX	JNGTX
BIPIX		0.62	0.52	0.91	0.45	BIPIX
TEPIX	0.62		0.91	0.5	0.9	TEPIX
USTCX	0.52	0.91		0.46	0.98	USTCX
FIKHX	0.91	0.5	0.46		0.41	FIKHX
JNGTX	0.45	0.9	0.98	0.41		JNGTX
	BIPIX	TEPIX	USTCX	FIKHX	JNGTX

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
BIPIX	1.67	0.61	0.36	0.51	1.21	(1.95)	4.65	(2.55)	8.98
TEPIX	1.46	0.06	0.04	0.10	2.20	(1.32)	2.78	(3.82)	8.82
USTCX	0.93	0.10	0.03	0.65	1.36	(0.89)	2.03	(2.38)	5.62
FIKHX	1.00	0.29	0.15	1.34	1.14	(1.19)	2.47	(2.15)	11.68
JNGTX	0.91	0.07	0.01	0.88	1.32	(0.85)	2.14	(2.29)	5.48

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Loomis Sayles Correlations

Loomis Sayles Correlation With Market

Poor diversification

Moving together with Loomis Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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