Locorr Spectrum Income Fund Quote
| LSPCX Fund | USD 5.40 0.02 0.37% |
Performance4 of 100
| Odds Of DistressLess than 21
|
Locorr Spectrum is trading at 5.40 as of the 18th of April 2024; that is -0.37 percent decrease since the beginning of the trading day. The fund's open price was 5.42. Locorr Spectrum has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Locorr Spectrum Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
The fund seeks to achieve its investment objectives by allocating its assets primarily among income-producing securities using an Income Strategy. The Income strategy employed by the funds sub-adviser attempts to produce current income and capital appreciation. More on Locorr Spectrum Income
Moving together with Locorr Mutual Fund
| 0.77 | LOTCX | Locorr Market Trend | PairCorr |
| 0.77 | LOTAX | Locorr Market Trend | PairCorr |
| 0.77 | LOTIX | Locorr Market Trend | PairCorr |
| 1.0 | LSPAX | Locorr Spectrum Me | PairCorr |
| 1.0 | LSPIX | Locorr Spectrum Me | PairCorr |
Locorr Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Locorr Spectrum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Locorr Spectrum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | LoCorr Funds, Large Funds, Allocation--85%+ Equity Funds, Allocation--85%+ Equity, LoCorr Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Locorr Spectrum Income [LSPCX] is traded in USA and was established 18th of April 2024. Locorr Spectrum is listed under LoCorr Funds category by Fama And French industry classification. The fund is listed under Allocation--85%+ Equity category and is part of LoCorr Funds family. This fund now has accumulated 100.92 M in assets with no minimum investment requirementsLocorr Spectrum Me is currently producing year-to-date (YTD) return of 2.48% with the current yeild of 0.07%, while the total return for the last 3 years was -1.64%.
Check Locorr Spectrum Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Locorr Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Locorr Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Locorr Spectrum Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Locorr Spectrum Income Mutual Fund Constituents
| FLNG | FLEX LNG | Stock | Industrials |
| IBM | International Business Machines | Stock | Information Technology |
| AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund |
| CG | Carlyle Group | Stock | Financials |
| AGNC | AGNC Investment Corp | Stock | Financials |
| IEP | Icahn Enterprises LP | Stock | Industrials |
| WPC | W P Carey | Stock | Real Estate |
Locorr Spectrum Target Price Odds Analysis
Based on a normal probability distribution, the odds of Locorr Spectrum jumping above the current price in 90 days from now is about 58.04%. The Locorr Spectrum Income probability density function shows the probability of Locorr Spectrum mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Locorr Spectrum Income has a beta of -0.0289. This indicates as returns on the benchmark increase, returns on holding Locorr Spectrum are expected to decrease at a much lower rate. During a bear market, however, Locorr Spectrum Income is likely to outperform the market. Additionally, locorr Spectrum Income has an alpha of 0.0045, implying that it can generate a 0.004499 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Locorr Spectrum to move above the current price in 90 days from now is about 58.04 (This Locorr Spectrum Income probability density function shows the probability of Locorr Mutual Fund to fall within a particular range of prices over 90 days) .
Locorr Spectrum Me Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Locorr Spectrum market risk premium is the additional return an investor will receive from holding Locorr Spectrum long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Locorr Spectrum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Locorr Spectrum's alpha and beta are two of the key measurements used to evaluate Locorr Spectrum's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4595 | |||
| Semi Deviation | 0.6451 | |||
| Standard Deviation | 0.624 | |||
| Variance | 0.3893 |
Locorr Spectrum Against Markets
Picking the right benchmark for Locorr Spectrum mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Locorr Spectrum mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Locorr Spectrum is critical whether you are bullish or bearish towards Locorr Spectrum Income at a given time. Please also check how Locorr Spectrum's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Locorr Spectrum without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Locorr Mutual Fund?
Before investing in Locorr Spectrum, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Locorr Spectrum. To buy Locorr Spectrum fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Locorr Spectrum. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Locorr Spectrum fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Locorr Spectrum Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Locorr Spectrum Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Locorr Spectrum Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Locorr Spectrum Income?
The danger of trading Locorr Spectrum Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Locorr Spectrum is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Locorr Spectrum. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Locorr Spectrum Me is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locorr Spectrum Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Locorr Spectrum Me information on this page should be used as a complementary analysis to other Locorr Spectrum's statistical models used 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.