Locorr Macro Strategies Fund Quote

LFMCX Fund  USD 7.42  0.02  0.27%   

Performance

22 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 29

 
100  
 
Zero
Below Average
Locorr Macro is trading at 7.42 as of the 28th of March 2024; that is 0.27% increase since the beginning of the trading day. The fund's open price was 7.4. Locorr Macro has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Locorr Macro Strategies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies Managed Futures Strategy and Fixed Income Strategy. The Managed Futures strategy is designed to produce capital appreciation by capturing returns related to the commodity and financial markets. More on Locorr Macro Strategies

Moving together with Locorr Mutual Fund

  0.96STFGX State Farm GrowthPairCorr
  0.98LOTCX Locorr Market TrendPairCorr
  0.98LOTAX Locorr Market TrendPairCorr
  0.98LOTIX Locorr Market TrendPairCorr

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 Macro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Locorr Macro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationLoCorr Funds, Large Blend Funds, Systematic Trend Funds, Systematic Trend, LoCorr Funds (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of May 2023
Fiscal Year EndDecember
Locorr Macro Strategies [LFMCX] is traded in USA and was established 28th of March 2024. Locorr Macro is listed under LoCorr Funds category by Fama And French industry classification. The fund is listed under Systematic Trend category and is part of LoCorr Funds family. This fund now has accumulated 2.02 B in assets with no minimum investment requirementsLocorr Macro Strategies is currently producing year-to-date (YTD) return of 6.76% with the current yeild of 0.02%, while the total return for the last 3 years was 3.26%.
Check Locorr Macro Probability Of Bankruptcy

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 Macro Strategies 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 Macro Strategies Mutual Fund Constituents

AGPXXInvesco Short Term InvestmentsMoney Market FundUS Money Market Fund
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Locorr Macro Target Price Odds Analysis

Based on a normal probability distribution, the odds of Locorr Macro jumping above the current price in 90 days from now is about 7.53%. The Locorr Macro Strategies probability density function shows the probability of Locorr Macro mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Locorr Macro Strategies has a beta of -0.0559. This indicates as returns on benchmark increase, returns on holding Locorr Macro are expected to decrease at a much lower rate. During the bear market, however, Locorr Macro Strategies is likely to outperform the market. Additionally, locorr Macro Strategies has an alpha of 0.0859, implying that it can generate a 0.0859 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 7.42HorizonTargetOdds Above 7.42
92.29%90 days
 7.42 
7.53%
Based on a normal probability distribution, the odds of Locorr Macro to move above the current price in 90 days from now is about 7.53 (This Locorr Macro Strategies probability density function shows the probability of Locorr Mutual Fund to fall within a particular range of prices over 90 days) .

Locorr Macro Strategies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Locorr Macro market risk premium is the additional return an investor will receive from holding Locorr Macro 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 Macro. 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 Macro's alpha and beta are two of the key measurements used to evaluate Locorr Macro's performance over the market, the standard measures of volatility play an important role as well.

Locorr Macro Against Markets

Picking the right benchmark for Locorr Macro 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 Macro 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 Macro is critical whether you are bullish or bearish towards Locorr Macro Strategies at a given time. Please also check how Locorr Macro's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Locorr Macro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Locorr Mutual Fund?

Before investing in Locorr Macro, 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 Macro. To buy Locorr Macro fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Locorr Macro. 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 Macro fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Locorr Macro Strategies 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 Macro Strategies 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 Macro Strategies, 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 Macro Strategies?

The danger of trading Locorr Macro Strategies 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 Macro 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 Macro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Locorr Macro Strategies 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 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 main economic indicators.
Note that the Locorr Macro Strategies information on this page should be used as a complementary analysis to other Locorr Macro'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Locorr Mutual Fund analysis

When running Locorr Macro's price analysis, check to measure Locorr Macro'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 Macro is operating at the current time. Most of Locorr Macro's value examination focuses on studying past and present price action to predict the probability of Locorr Macro'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 Macro's price. Additionally, you may evaluate how the addition of Locorr Macro to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Locorr Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Locorr Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Locorr Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.