LOCORR Mutual Fund Quote
| LEQIX Fund | USD 11.15 0.03 0.27% |
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LOCORR DYNAMIC is trading at 11.15 as of the 21st of September 2023; that is -0.27 percent decrease since the beginning of the trading day. The fund's open price was 11.18. LOCORR DYNAMIC has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for LOCORR DYNAMIC EQUITY are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of August 2023 and ending today, the 21st of September 2023. Click here to learn more.
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.. More on LOCORR DYNAMIC EQUITY
Moving against LOCORR Mutual Fund
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 DYNAMIC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding LOCORR DYNAMIC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of LOCORR DYNAMIC's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Cautious HoldFairly Valued |
| Beta In Three Year | 0.76 |
| Startdate | 10th of May 2013 |
LOCORR DYNAMIC EQUITY [LEQIX] is traded in USA and was established 21st of September 2023. The fund is listed under Long-Short Equity category and is part of LoCorr Funds family. LOCORR DYNAMIC EQUITY now has accumulated 23.32 M in assets with minimum initial investment of 100 K. , while the total return for the last 3 years was -3.94%.
Check LOCORR DYNAMIC 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 DYNAMIC EQUITY 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 DYNAMIC EQUITY Mutual Fund Constituents
| VAC | Marriot Vacations Worldwide | Stock | Consumer Discretionary |
| SF | Stifel Financial | Stock | Financials |
| TPB | Turning Point Brands | Stock | Consumer Staples |
| MTZ | MasTec Inc | Stock | Industrials |
| AAP | Advance Auto Parts | Stock | Consumer Discretionary |
| SYF | Synchrony Financial | Stock | Financials |
| CHTR | Charter Communications | Stock | Communication Services |
LOCORR DYNAMIC Target Price Odds Analysis
Based on a normal probability distribution, the odds of LOCORR DYNAMIC jumping above the current price in 90 days from now is about 91.79%. The LOCORR DYNAMIC EQUITY probability density function shows the probability of LOCORR DYNAMIC mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon LOCORR DYNAMIC has a beta of 0.0078. This indicates as returns on the market go up, LOCORR DYNAMIC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LOCORR DYNAMIC EQUITY will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. LOCORR DYNAMIC EQUITY is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of LOCORR DYNAMIC to move above the current price in 90 days from now is about 91.79 (This LOCORR DYNAMIC EQUITY probability density function shows the probability of LOCORR Mutual Fund to fall within a particular range of prices over 90 days) .
LOCORR DYNAMIC EQUITY Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. LOCORR DYNAMIC market risk premium is the additional return an investor will receive from holding LOCORR DYNAMIC 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 DYNAMIC. 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 DYNAMIC's alpha and beta are two of the key measurements used to evaluate LOCORR DYNAMIC's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3215 | |||
| Standard Deviation | 0.4204 | |||
| Variance | 0.1768 | |||
| Risk Adjusted Performance | (0.08) |
LOCORR DYNAMIC Against Markets
Picking the right benchmark for LOCORR DYNAMIC 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 DYNAMIC 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 DYNAMIC is critical whether you are bullish or bearish towards LOCORR DYNAMIC EQUITY at a given time. Please also check how LOCORR DYNAMIC's historical prices are related to one of the top price index indicators.
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How to buy LOCORR Mutual Fund?
Before investing in LOCORR DYNAMIC, 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 DYNAMIC. To buy LOCORR DYNAMIC fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of LOCORR DYNAMIC. 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 DYNAMIC fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located LOCORR DYNAMIC EQUITY 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 DYNAMIC EQUITY 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 DYNAMIC EQUITY, 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 DYNAMIC EQUITY?
The danger of trading LOCORR DYNAMIC EQUITY 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 DYNAMIC 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 DYNAMIC. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile LOCORR DYNAMIC EQUITY 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 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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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