Locorr Macro Financials
We recommend to make use of Locorr Macro Strategies fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Locorr Macro Strategies as well as the relationship between them. We were able to collect and analyze data for seventeen available fundamentals for Locorr Macro, which can be compared to its peers in the industry.
Locorr |
Please note that past performance is not an indicator of the future performance of Locorr Macro, 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 Macro Fund Summary
Locorr Macro competes with Artisan Global, Commonwealth Global, Ab Global, Aqr Global, and Ab Global. The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies Managed Futures Strategy and Fixed Income Strategy. Locorr Macro is traded on NASDAQ Exchange in the United States.Specialization | Systematic Trend, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US5401323051 |
| Business Address | LoCorr Investment Trust |
| Mutual Fund Family | LoCorr Funds |
| Mutual Fund Category | Systematic Trend |
| Benchmark | NYSE Composite |
| Phone | 855 523 8637 |
| Currency | USD - US Dollar |
You should never invest in Locorr Macro Strategies without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Locorr Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Locorr Macro's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Locorr Macro Key Financial Ratios
Generally speaking, Locorr Macro's financial ratios allow both analysts and investors to convert raw data from Locorr Macro's financial statements into concise, actionable information that can be used to evaluate the performance of Locorr Macro over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Locorr Macro Strategies reports annually and quarterly.Locorr Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Locorr Macro's current stock value. Our valuation model uses many indicators to compare Locorr Macro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Locorr Macro competition to find correlations between indicators driving Locorr Macro's intrinsic value. More Info.Locorr Macro Strategies is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Locorr Macro Strategies is roughly 8.46 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Locorr Macro by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Locorr Macro'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 Macro's earnings, one of the primary drivers of an investment's value.Locorr Macro Strategies Systematic Risk
Locorr Macro's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Locorr Macro 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 fifteen with a total number of output elements of fourty-six. The Beta measures systematic risk based on how returns on Locorr Macro Strategies correlated with the market. If Beta is less than 0 Locorr Macro generally moves in the opposite direction as compared to the market. If Locorr Macro Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Locorr Macro Strategies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Locorr Macro is generally in the same direction as the market. If Beta > 1 Locorr Macro moves generally in the same direction as, but more than the movement of the benchmark.
Locorr Macro April 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Locorr Macro help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Locorr Macro Strategies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Locorr Macro Strategies 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 Macro's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4175 | |||
| Information Ratio | 0.145 | |||
| Maximum Drawdown | 1.95 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.8505 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locorr Macro Strategies. 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 gross domestic product. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.