LOCORR DYNAMIC Financials
| LEQIX Fund | USD 11.15 0.03 0.27% |
With this module, you can analyze LOCORR financials for your investing period. You should be able to track the changes in LOCORR DYNAMIC individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
LOCORR |
Understanding current and past LOCORR DYNAMIC Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of LOCORR DYNAMIC's financial statements are interrelated, with each one affecting the others. For example, an increase in LOCORR DYNAMIC's assets may result in an increase in income on the income statement.
Evaluating LOCORR DYNAMIC's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of LOCORR DYNAMIC's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the LOCORR DYNAMIC's relative financial performance
Chance Of Distress
Less than 1
100 | 0 |
LOCORR DYNAMIC EQUITY has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for LOCORR DYNAMIC mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
More InfoThe data published in LOCORR DYNAMIC's official financial statements usually reflect LOCORR DYNAMIC's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of LOCORR DYNAMIC EQUITY. For example, before you start analyzing numbers published by LOCORR accountants, it's critical to develop an understanding of what LOCORR DYNAMIC's liquidity, profitability, and earnings quality are in the context of the LoCorr Funds space in which it operates.
Please note that past performance is not an indicator of the future performance of LOCORR DYNAMIC, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .
LOCORR DYNAMIC Company Summary
LOCORR DYNAMIC competes with Cisco Systems, Mitsubishi UFJ, SPDR SP, FIDELITY FLEX, and THE HARTFORD. Under normal market conditions, the fund invests at least 80 percent of its assets, defined as net assets plus the amount of any borrowings for investment purposes, in long or short positions in equity securities of domestic and foreign companies. Locorr Dynamic is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | LoCorr Investment Trust |
| Mutual Fund Family | LoCorr Funds |
| Mutual Fund Category | Long-Short Equity |
| Benchmark | NYSE Composite |
| Phone | 855 523 8637 |
| Currency | USD - US Dollar |
LOCORR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining LOCORR DYNAMIC's current stock value. Our valuation model uses many indicators to compare LOCORR DYNAMIC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LOCORR DYNAMIC competition to find correlations between indicators driving LOCORR DYNAMIC's intrinsic value. More Info.LOCORR DYNAMIC EQUITY is number one fund in equity positions weight among similar funds. It is number one fund in five year return among similar funds reporting about 0.01 of Five Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to Five Year Return for LOCORR DYNAMIC EQUITY is roughly 197.94 . Comparative valuation analysis is a catch-all model that can be used if you cannot value LOCORR DYNAMIC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for LOCORR DYNAMIC's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the LOCORR DYNAMIC's earnings, one of the primary drivers of an investment's value.LOCORR DYNAMIC EQUITY Systematic Risk
LOCORR DYNAMIC's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. LOCORR DYNAMIC volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was six with a total number of output elements of fifty-five. The Beta measures systematic risk based on how returns on LOCORR DYNAMIC EQUITY correlated with the market. If Beta is less than 0 LOCORR DYNAMIC generally moves in the opposite direction as compared to the market. If LOCORR DYNAMIC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one LOCORR DYNAMIC EQUITY is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of LOCORR DYNAMIC is generally in the same direction as the market. If Beta > 1 LOCORR DYNAMIC moves generally in the same direction as, but more than the movement of the benchmark..
About LOCORR DYNAMIC Financials
What exactly are LOCORR DYNAMIC Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include LOCORR DYNAMIC's income statement, its balance sheet, and the statement of cash flows. Potential LOCORR DYNAMIC investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although LOCORR DYNAMIC investors may use each financial statement separately, they are all related. The changes in LOCORR DYNAMIC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on LOCORR DYNAMIC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze LOCORR DYNAMIC Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as LOCORR DYNAMIC is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of LOCORR has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if LOCORR DYNAMIC's financials are consistent with your investment objective using the following steps:- Review LOCORR DYNAMIC's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand LOCORR DYNAMIC's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare LOCORR DYNAMIC's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if LOCORR DYNAMIC's stock is overvalued or undervalued.
LOCORR DYNAMIC September 21, 2023 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of LOCORR DYNAMIC help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of LOCORR DYNAMIC EQUITY. We use our internally-developed statistical techniques to arrive at the intrinsic value of LOCORR DYNAMIC EQUITY based on widely used predictive technical indicators. In general, we focus on analyzing LOCORR Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build LOCORR DYNAMIC's daily price indicators and compare them against related drivers.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 1.87 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.6082 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LOCORR DYNAMIC EQUITY. 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 population. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.
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