Correlation Between Simt Large and Natixis Us

Can any of the company-specific risk be diversified away by investing in both Simt Large and Natixis Us at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Simt Large and Natixis Us into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Simt Large Cap and Natixis Equity Opportunities, you can compare the effects of market volatilities on Simt Large and Natixis Us and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Simt Large with a short position of Natixis Us. Check out your portfolio center. Please also check ongoing floating volatility patterns of Simt Large and Natixis Us.

Diversification Opportunities for Simt Large and Natixis Us

0.0

Correlation Coefficient

Simt Large  Natixis Us

Pay attention - limited upside

The 3 months correlation between Simt and Natixis is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Simt Large Cap and Natixis Equity Opportunities in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Natixis Equity Oppor and Simt Large is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Simt Large Cap are associated (or correlated) with Natixis Us. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Natixis Equity Oppor has no effect on the direction of Simt Large i.e., Simt Large and Natixis Us go up and down completely randomly.

Pair Corralation between Simt Large and Natixis Us

If you would invest  2,183  in Simt Large Cap on September 7, 2025 and sell it today you would earn a total of  121.00  from holding Simt Large Cap or generate 5.54% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	0.0%
Values	Daily Returns

Simt Large Cap  vs.  Natixis Equity Opportunities

Simt Large Cap

Risk-Adjusted Performance

Fair

Compared to the overall equity markets, risk-adjusted returns on investments in Simt Large Cap are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Simt Large is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Natixis Equity Oppor

Risk-Adjusted Performance

Mild

Over the last 90 days Natixis Equity Opportunities has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Natixis Us is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Pair Trading with Simt Large and Natixis Us

The main advantage of trading using opposite Simt Large and Natixis Us positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Simt Large position performs unexpectedly, Natixis Us can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Natixis Us will offset losses from the drop in Natixis Us' long position.

The idea behind Simt Large Cap and Natixis Equity Opportunities pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.