Locorr Spectrum Income Fund Price on April 4, 2024
| LSPIX Fund | USD 5.44 0.01 0.18% |
Below is the normalized historical share price chart for Locorr Spectrum Income extending back to December 31, 2013. 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 Spectrum stands at 5.44, as last reported on the 20th of June, with the highest price reaching 5.44 and the lowest price hitting 5.44 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 Spectrum out of control. Locorr Spectrum Income has Sharpe Ratio of 0.0719, which conveys that the entity had a 0.0719% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Locorr Spectrum, which you can use to evaluate the volatility of the fund. Please verify Locorr Spectrum's Risk Adjusted Performance of 0.0567, downside deviation of 0.8047, and Mean Deviation of 0.4397 to check out if the risk estimate we provide is consistent with the expected return of 0.0406%.
Locorr Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Locorr |
Sharpe Ratio = 0.0719
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LSPIX |
Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Locorr Spectrum is performing at about 5% 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 Spectrum by adding it to a well-diversified portfolio.
Locorr Spectrum Valuation on April 4, 2024
It is possible to determine the worth of Locorr Spectrum on a given historical date. On April 4, 2024 Locorr was worth 5.39 at the beginning of the trading date compared to the closed value of 5.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Locorr Spectrum mutual fund. Still, in general, we apply an absolute valuation method to find Locorr Spectrum'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 Spectrum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Locorr Spectrum's related companies.
| Open | High | Low | Close | Volume | |
| 5.42 | 5.42 | 5.42 | 5.42 | 1.00 | |
04/04/2024 | 5.39 | 5.39 | 5.39 | 5.39 | 1.00 |
| 5.41 | 5.41 | 5.41 | 5.41 | 1.00 |
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Locorr Spectrum Trading Date Momentum on April 4, 2024
| On April 05 2024 Locorr Spectrum Income was traded for 5.41 at the closing time. The highest daily price throughout the period was 5.41 and the lowest price was 5.41 . There was no trading activity during the period 1.0. Lack of trading volume on 04/05/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.37% . The trading delta at closing time to current closing price is 2.78% . |
Locorr Spectrum Income Fundamentals Correlations and Trends
By evaluating Locorr Spectrum'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 Spectrum'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 Spectrum Mutual Fund history
Locorr Spectrum 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 Spectrum Income 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 Spectrum stock prices may prove useful in developing a viable investing in Locorr Spectrum
The fund seeks to achieve its investment objectives by allocating its assets primarily among income-producing securities using an Income Strategy. The Income strategy employed by the funds sub-adviser attempts to produce current income and capital appreciation. The composition of the portfolio will vary over time according to the sub-advisers evaluation of economic and market conditions, including prospects for growth and inflation, as they affect the potential returns from different classes of securities.
Locorr Spectrum Mutual Fund Technical Analysis
Locorr Spectrum 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 Spectrum Period Price Range
Low | April 4, 2024
| High |
5.39 | 5.39 |
Locorr Spectrum June 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Locorr Spectrum 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 Spectrum shares will generate the highest return on investment. By undertsting and applying Locorr Spectrum mutual fund market strength indicators, traders can identify Locorr Spectrum Income entry and exit signals to maximize returns
Locorr Spectrum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Locorr Spectrum'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 | 0.0567 | |||
| Jensen Alpha | 0.0411 | |||
| Total Risk Alpha | 0.0407 | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | 0.0584 |
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| Volume Indicators |
Other Information on Investing in Locorr Mutual Fund
Locorr Spectrum financial ratios help investors to determine whether Locorr Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Locorr with respect to the benefits of owning Locorr Spectrum security.
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