Locorr Market Trend Fund Price on February 15, 2024
| LOTAX Fund | USD 12.74 0.16 1.24% |
Below is the normalized historical share price chart for Locorr Market Trend extending back to June 30, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Locorr Market stands at 12.74, as last reported on the 3rd of May, with the highest price reaching 12.74 and the lowest price hitting 12.74 during the day.
If you're considering investing in Locorr Mutual Fund, it is important to understand the factors that can impact its price. We consider Locorr Market very steady. Locorr Market Trend has Sharpe Ratio of 0.28, which conveys that the entity had a 0.28% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Locorr Market, which you can use to evaluate the volatility of the fund. Please verify Locorr Market's Mean Deviation of 0.4741, downside deviation of 0.6924, and Risk Adjusted Performance of 0.1644 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
Locorr Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Locorr |
Sharpe Ratio = 0.2847
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Locorr Market is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Locorr Market by adding it to a well-diversified portfolio.
Locorr Market Valuation on February 15, 2024
It is possible to determine the worth of Locorr Market on a given historical date. On February 15, 2024 Locorr was worth 11.87 at the beginning of the trading date compared to the closed value of 11.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Locorr Market mutual fund. Still, in general, we apply an absolute valuation method to find Locorr Market's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Locorr Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Locorr Market's related companies.
| Open | High | Low | Close | Volume | |
| 11.79 | 11.79 | 11.79 | 11.79 | 1.00 | |
02/15/2024 | 11.87 | 11.87 | 11.87 | 11.87 | 1.00 |
| 11.90 | 11.90 | 11.90 | 11.90 | 1.00 |
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Locorr Market Trading Date Momentum on February 15, 2024
| On February 16 2024 Locorr Market Trend was traded for 11.90 at the closing time. The highest daily price throughout the period was 11.90 and the lowest price was 11.90 . There was no trading activity during the period 1.0. Lack of trading volume on 02/16/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.25% . The trading delta at closing time to current closing price is 2.44% . |
Locorr Market Trend Fundamentals Correlations and Trends
By evaluating Locorr Market's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Locorr Market's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Locorr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Locorr Market Mutual Fund history
Locorr Market investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Locorr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Locorr Market Trend will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Locorr Market stock prices may prove useful in developing a viable investing in Locorr Market
The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies Market Trend Strategy and Fixed Income Strategy. The Market Trend strategy is a macro-oriented quantitative strategy that employs various investment techniques to select long and short positions in the global futures and foreign exchange markets. The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities.
Locorr Market Mutual Fund Technical Analysis
Locorr Market technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Locorr Market Period Price Range
Low | February 15, 2024
| High |
11.87 | 11.87 |
Locorr Market May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Locorr Market mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Locorr Market shares will generate the highest return on investment. By undertsting and applying Locorr Market mutual fund market strength indicators, traders can identify Locorr Market Trend entry and exit signals to maximize returns
Locorr Market Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Locorr Market's price direction in advance. Along with the technical and fundamental analysis of Locorr Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Locorr to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1644 | |||
| Jensen Alpha | 0.1526 | |||
| Total Risk Alpha | 0.105 | |||
| Sortino Ratio | 0.1492 | |||
| Treynor Ratio | (1.64) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locorr Market Trend. 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 nation. Note that the Locorr Market Trend information on this page should be used as a complementary analysis to other Locorr Market'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 Transaction History module to view history of all your transactions and understand their impact on performance.