LOCORR DYNAMIC Competition

LEQIX Fund

USD 11.15 0.03 0.27%

LOCORR DYNAMIC EQUITY competes with Cisco Systems, Mitsubishi UFJ, SPDR SP, FIDELITY FLEX, and THE HARTFORD; as well as few others. The fund is listed under Long-Short Equity category and is part of LoCorr Funds family. Analyzing LOCORR DYNAMIC competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of LOCORR DYNAMIC to its intrinsic valuation because they are able to contrast its competitors on a relative basis.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of LOCORR DYNAMIC competition on your existing holdings. Check out LOCORR DYNAMIC Correlation with its peers.

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of LOCORR DYNAMIC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of LOCORR DYNAMIC in the context of predictive analytics.

Hype

Prediction

Low	Estimated	High
10.72	11.15	11.58

Details

Intrinsic

Valuation

Low	Real	High
10.80	11.23	11.66

Details

Naive

Forecast

Low	Next	High
10.57	11.00	11.43

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
11.15	11.22	11.29

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as LOCORR DYNAMIC. Your research has to be compared to or analyzed against LOCORR DYNAMIC's peers to derive any actionable benefits. When done correctly, LOCORR DYNAMIC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LOCORR DYNAMIC EQUITY.

LOCORR DYNAMIC Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between LOCORR DYNAMIC and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of LOCORR and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of LOCORR DYNAMIC EQUITY does not affect the price movement of the other competitor.

	CSCO	MBFJF	AQUI	XHB	FYLSX	HLDRX	MRK
CSCO		0.74	0.0	0.09	-0.21	-0.53	-0.24	CSCO
MBFJF	0.74		-0.06	0.14	-0.05	-0.44	-0.3	MBFJF
AQUI	0.0	-0.06		0.12	0.19	0.19	-0.07	AQUI
XHB	0.09	0.14	0.12		0.71	0.56	-0.67	XHB
FYLSX	-0.21	-0.05	0.19	0.71		0.77	-0.57	FYLSX
HLDRX	-0.53	-0.44	0.19	0.56	0.77		-0.33	HLDRX
MRK	-0.24	-0.3	-0.07	-0.67	-0.57	-0.33		MRK
	CSCO	MBFJF	AQUI	XHB	FYLSX	HLDRX	MRK

Click cells to compare fundamentals

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High positive correlations

HLDRX	+ 0.77	FYLSX
MBFJF	+ 0.74	CSCO
FYLSX	+ 0.71	XHB
HLDRX	+ 0.56	XHB
FYLSX	+ 0.19	AQUI
HLDRX	+ 0.19	AQUI

High negative correlations

MRK	- 0.67	XHB
MRK	- 0.57	FYLSX
HLDRX	- 0.53	CSCO
HLDRX	- 0.44	MBFJF
MRK	- 0.33	HLDRX
MRK	- 0.3	MBFJF

Risk-Adjusted Indicators

There is a big difference between LOCORR Mutual Fund performing well and LOCORR DYNAMIC 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 LOCORR DYNAMIC's 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	Information Ratio	Expected Shortfall	Potential Upside	Value At@Risk	Maximum Drawdown
CSCO	0.77	0.10	0.10	0.16	0.90	0.10	(0.80)	1.40	(1.56)	4.66
MBFJF	1.38	0.40	0.20	0.30	1.06	0.20	(2.56)	4.27	(2.08)	12.71
AQUI	0.14	(0.01)	0.00	0.33	0.00	(0.0056)	0.00	0.00	0.00	9.31
XHB	0.92	0.04	0.03	0.03	1.44	0.0296	(0.84)	2.07	(2.05)	6.76
FYLSX	0.48	(0.03)	0.00	(0.17)	0.00	(0.0439)	0.00	1.09	(1.06)	2.89
HLDRX	0.36	(0.03)	0.00	(0.08)	0.00	(0.07)	0.00	0.64	(0.85)	2.13
MRK	0.97	(0.02)	0.00	(0.03)	0.00	(0.0152)	0.00	1.77	(1.74)	5.93

LOCORR DYNAMIC Competitive Analysis

The better you understand LOCORR DYNAMIC competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, LOCORR DYNAMIC's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across LOCORR DYNAMIC's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	LEQIX	CSCO	MBFJF	AQUI	XHB	FYLSX	HLDRX	MRK
	0.27 11.15 LOCORR	3.89 53.34 Cisco	0.22 9.05 Mitsubishi	0.00 0.021 Aquagold	2.45 76.10 SPDR	0.63 11.07 FIDELITY	0.65 4.60 THE	0.54 106.73 Merck
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Not too volatile	Out of control	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Good	Good	Very Weak	Weak	Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Very Small	Below Average	Average	Very Small	Very Small	Very Small	Very Small
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Under Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Hold	Not Available	Not Available	Not Available	Not Available	Not Available	Buy
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Buy	Strong Buy	Strong Sell	Strong Hold	Hold	Strong Hold	Strong Buy
Number of Shares Shorted	N/A	60.49 M	N/A	N/A	N/A	N/A	N/A	14.64 M
Shares Owned by Insiders	N/A	N/A	5.42 %	N/A	N/A	N/A	N/A	0.08 %
Current Ratio	N/A	1.45 X	N/A	N/A	N/A	N/A	N/A	1.46 X
Net Asset	23.32 M	101.85 B	373731.91 B	3.19 K	1.01 B	507.88 K	53.65 M	109.16 B
Profit Margin	N/A	0.22 %	(0.22) %	N/A	N/A	N/A	N/A	0.05 %
EBITDA	N/A	18 B	N/A	(727.69 K)	N/A	N/A	N/A	18.62 B
Operating Margin	N/A	0.27 %	(0.06) %	N/A	N/A	N/A	N/A	0.15 %
Current Valuation	N/A	210.64 B	(56571.35 B)	912.76 K	N/A	N/A	N/A	304.18 B
Cash Flow from Operations	N/A	19.89 B	909.36 B	(218.19 K)	N/A	N/A	N/A	19.09 B
Five Year Return	0.32 %	2.92 %	3.64 %	N/A	9.02 %	N/A	0.87 %	2.99 %
Retained Earnings	N/A	1.64 B	8965.05 B	(4.18 M)	N/A	N/A	N/A	61.08 B
Current Asset	N/A	78.72 B	104517.69 B	N/A	N/A	N/A	N/A	29.76 B
One Year Return	(11.67) %	N/A	N/A	N/A	(25.29) %	5.47 %	(0.18) %	N/A
Beta	N/A	0.95	0.87	7.05	N/A	N/A	N/A	0.33
Price to Book	1.99 X	5.03 X	0.58 X	N/A	2.68 X	N/A	N/A	6.36 X
Cash Position Weight	36.65 %	N/A	N/A	N/A	N/A	4.10 %	4.32 %	N/A
Equity Positions Weight	63.34 %	N/A	N/A	N/A	99.94 %	88.78 %	N/A	N/A
Shares Outstanding	N/A	4.05 B	12.11 B	965.83 K	N/A	N/A	N/A	2.54 B
Three Year Return	(3.94) %	N/A	N/A	N/A	11.67 %	N/A	(0.21) %	N/A
Annual Yield	N/A	0.0278 %	0.034 %	N/A	N/A	N/A	N/A	0.0271 %
Total Debt	N/A	8.39 B	59148.61 B	N/A	N/A	N/A	N/A	30.69 B
Return On Equity	N/A	0.3	-0.0425	N/A	N/A	N/A	N/A	0.0761
Bond Positions Weight	N/A	N/A	N/A	N/A	N/A	6.31 %	141.01 %	N/A
Price to Earning	11.66 X	17.95 X	15.45 X	(0.22) X	13.55 X	N/A	N/A	18.05 X
Z Score	N/A	17.5	N/A	N/A	N/A	N/A	N/A	7.34
Shares Owned by Institutions	N/A	77.44 %	31.30 %	N/A	N/A	N/A	N/A	77.64 %
Return On Asset	N/A	0.0995	-0.002	-5.5	N/A	N/A	N/A	0.0512
Book Value Per Share	N/A	10.91 X	1,376 X	(1.19) X	N/A	N/A	N/A	15.24 X
Minimum Initial Investment	100 K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash and Equivalents	N/A	10.12 B	141250 B	1.15 K	N/A	N/A	N/A	12.69 B
Price to Earnings To Growth	N/A	2.35 X	6.58 X	N/A	N/A	N/A	N/A	1.36 X
Current Liabilities	N/A	24.91 B	226104.53 B	794 K	N/A	N/A	N/A	19.2 B
Total Asset	23.32 M	101.85 B	373731.91 B	3.19 K	1.01 B	507.88 K	53.65 M	109.16 B
Short Ratio	N/A	3.28 X	N/A	N/A	N/A	N/A	N/A	2.09 X
Target Price	N/A	57.67	N/A	N/A	N/A	N/A	N/A	124.15
Last Dividend Paid	N/A	1.54	30.5	N/A	0.11	0.01	0.01	2.84
Price to Sales	0.68 X	3.78 X	0.02 X	N/A	1.03 X	N/A	N/A	4.71 X
Market Capitalization	N/A	226.42 B	88.17 B	96.58 K	N/A	N/A	N/A	272.43 B
Cash per Share	N/A	4.82 X	N/A	N/A	N/A	N/A	N/A	4.44 X
Net Income	N/A	12.61 B	(83.32 B)	(627.79 K)	N/A	N/A	N/A	14.53 B
Earnings Per Share	N/A	3.07 X	0.25 X	(0.63) X	N/A	N/A	N/A	1.22 X
Debt to Equity	N/A	0.24 %	N/A	N/A	N/A	N/A	N/A	0.68 %
Revenue	N/A	57 B	5144.92 B	N/A	N/A	N/A	N/A	59.28 B
Working Capital	N/A	12.04 B	(121586.85 B)	(794 K)	N/A	N/A	N/A	11.48 B
Ten Year Return	N/A	N/A	N/A	N/A	9.77 %	N/A	N/A	N/A
Gross Profit	N/A	35.75 B	2953.23 B	(143.88 K)	N/A	N/A	N/A	42.08 B
Daily Balance Of Power	(9,223,372,036,855)	(1.73)	9223.4 B	0.0	(1.53)	(9,223,372,036,855)	(9,223,372,036,855)	(0.40)
Day Typical Price	11.15	53.43	9.05	0.021	76.43	11.07	4.6	107.01
Rate Of Daily Change	1.0	0.96	1.0	1.0	0.98	0.99	0.99	0.99
Accumulation Distribution	N/A	864720.0	N/A	N/A	95227.56	N/A	N/A	58486.91
Day Median Price	11.15	53.48	9.05	0.021	76.6	11.07	4.6	107.15
Price Action Indicator	(0.015)	(1.21)	0.01	N/A	(1.45)	(0.035)	(0.015)	(0.71)
Coefficient Of Variation	(783.16)	894.15	498.99	24897.46	2794.38	(3,189)	(1,836)	(11,473)
Mean Deviation	0.3215	0.7745	1.38	0.1442	0.9187	0.4823	0.3566	0.9697
Jensen Alpha	(0.06)	0.1046	0.3959	(0.006765)	0.0383	(0.029296)	(0.033942)	(0.019274)
Total Risk Alpha	(0.06)	0.1069	0.4005	(0.003693)	0.04	(0.027343)	(0.033224)	(0.016081)
Sortino Ratio	N/A	0.1017	0.1996	N/A	0.0252	N/A	N/A	N/A
Downside Variance	N/A	1.07	3.92	N/A	2.2	N/A	N/A	N/A
Standard Deviation	0.4204	1.01	2.01	0.8165	1.27	0.6271	0.4576	1.21
Kurtosis	0.1451	1.28	2.79	32.57	1.55	0.0519	0.1362	0.3638
Potential Upside	0.6082	1.4	4.27	N/A	2.07	1.09	0.6424	1.77
Treynor Ratio	(8.16)	0.1558	0.2993	0.3278	0.0253	(0.17)	(0.08)	(0.033915)
Maximum Drawdown	1.87	4.66	12.71	9.31	6.76	2.89	2.13	5.93
Variance	0.1768	1.02	4.05	0.6667	1.6	0.3933	0.2094	1.47
Market Risk Adjusted Performance	(8.15)	0.1658	0.3093	0.3378	0.0353	(0.16)	(0.07)	(0.023915)
Risk Adjusted Performance	(0.08)	0.0693	0.1237	0.0052	0.0262	(0.017523)	(0.034398)	1.0E-4
Skewness	(0.42)	(0.002592)	0.8058	0.3975	(0.57)	0.0438	(0.048337)	0.3505
Semi Deviation	N/A	0.9043	1.06	N/A	1.44	N/A	N/A	N/A
Information Ratio	(0.15)	0.1041	0.1965	(0.005589)	0.0296	(0.043868)	(0.07)	(0.015175)
Value At Risk	(0.96)	(1.56)	(2.08)	N/A	(2.05)	(1.06)	(0.85)	(1.74)
Expected Short fall	N/A	(0.80)	(2.56)	N/A	(0.84)	N/A	N/A	N/A
Downside Deviation	N/A	1.04	1.98	N/A	1.48	N/A	N/A	N/A
Semi Variance	N/A	0.8178	1.13	N/A	2.07	N/A	N/A	N/A

LOCORR DYNAMIC Competition Performance Charts

Five steps to successful analysis of LOCORR DYNAMIC Competition

LOCORR DYNAMIC's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by LOCORR DYNAMIC EQUITY in relation to its competition. LOCORR DYNAMIC's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of LOCORR DYNAMIC in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact LOCORR DYNAMIC's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to LOCORR DYNAMIC EQUITY, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your LOCORR DYNAMIC position

In addition to having LOCORR DYNAMIC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Communication Services

Companies that provide networking, telecom, and long distance services. The Communication Services theme has 40 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Services Theme or any other thematic opportunities.

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Check out LOCORR DYNAMIC Correlation with its peers. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for LOCORR Mutual Fund analysis

When running LOCORR DYNAMIC's price analysis, check to measure LOCORR DYNAMIC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LOCORR DYNAMIC is operating at the current time. Most of LOCORR DYNAMIC's value examination focuses on studying past and present price action to predict the probability of LOCORR DYNAMIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LOCORR DYNAMIC's price. Additionally, you may evaluate how the addition of LOCORR DYNAMIC to your portfolios can decrease your overall portfolio volatility.

	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Global Correlations Find global opportunities by holding instruments from different markets
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Technical Analysis Check basic technical indicators and analysis based on most latest market data

Please note, there is a significant difference between LOCORR DYNAMIC's value and its price as these two are different measures arrived at by different means. Investors typically determine if LOCORR DYNAMIC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LOCORR DYNAMIC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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LOCORR DYNAMIC Competition

Specify up to 10 symbols:

LOCORR DYNAMIC Competition Correlation Matrix

Risk-Adjusted Indicators

LOCORR DYNAMIC Competitive Analysis

LOCORR DYNAMIC Competition Performance Charts

Five steps to successful analysis of LOCORR DYNAMIC Competition

Complement your LOCORR DYNAMIC position

Did You Try This Idea?

Run Communication Services Thematic Idea Now

Communication Services

Complementary Tools for LOCORR Mutual Fund analysis

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