Natures decrease and increase a certain stat by 10%.
>A Pokémon's Nature usually affects the growth rate of two of its stats, ultimately increasing one of its stats by 10% and decreasing another by 10%. Natures also determine the Pokémon's favorite flavor and its disliked flavor.
Which stat it increases and decreases depends on the nature.
>A Pokémon's Characteristic is determined by the remainder of its highest IV divided by 5.
Characteristics determine what number of IVs a Pokemon can have in a certain stat.
For example: a Pokemon that "loves to eat" can have 0, 5, 10, 15, 20, 25 or 30 IVs in HP
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IVs are one of the most important things in determining stats. From Generation 3 onward it uses this formula to calculate a Pokemon's HP stat and other stats.
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Hope I helped!