Locorr Dynamic Equity Fund Manager Performance Evaluation
| LEQIX Fund | USD 11.73 0.01 0.09% |
The fund secures a Beta (Market Risk) of 0.81, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Locorr Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Locorr Dynamic is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Locorr Dynamic Equity are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Locorr Dynamic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 2.2600 |
Locorr |
Locorr Dynamic Relative Risk vs. Return Landscape
If you would invest 1,162 in Locorr Dynamic Equity on January 26, 2024 and sell it today you would earn a total of 11.00 from holding Locorr Dynamic Equity or generate 0.95% return on investment over 90 days. Locorr Dynamic Equity is currently producing 0.0172% returns and takes up 0.643% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Locorr, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Locorr Dynamic Current Valuation
Undervalued
Today
Please note that Locorr Dynamic's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Locorr Dynamic Equity secures a last-minute Real Value of $10.88 per share. The latest price of the fund is $11.73. We determine the value of Locorr Dynamic Equity from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Locorr Dynamic Equity is useful when determining the fair value of the Locorr mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Locorr Dynamic. Since Locorr Dynamic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Locorr Mutual Fund. However, Locorr Dynamic's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.73 | Real 10.88 | Hype 10.58 | Naive 11.67 |
The real value of Locorr Mutual Fund, also known as its intrinsic value, is the underlying worth of Locorr Dynamic Equity Mutual Fund, which is reflected in its stock price. It is based on Locorr Dynamic's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Locorr Dynamic's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Locorr Dynamic's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Locorr Dynamic Equity helps investors to forecast how Locorr mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Locorr Dynamic more accurately as focusing exclusively on Locorr Dynamic's fundamentals will not take into account other important factors: Locorr Dynamic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Locorr Dynamic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Locorr Dynamic Equity, and traders can use it to determine the average amount a Locorr Dynamic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0268
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LEQIX |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Locorr Dynamic is performing at about 2% 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 Dynamic by adding it to a well-diversified portfolio.
Locorr Dynamic Fundamentals Growth
Locorr Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Locorr Dynamic, and Locorr Dynamic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Locorr Mutual Fund performance.
| Price To Earning | 11.66 X | ||||
| Price To Book | 1.99 X | ||||
| Price To Sales | 0.68 X | ||||
| Total Asset | 77.09 M | ||||
About Locorr Dynamic Performance
To evaluate Locorr Dynamic Equity Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Locorr Dynamic generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Locorr Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Locorr Dynamic Equity market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Locorr's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Locorr Dynamic Equity performance evaluation
Checking the ongoing alerts about Locorr Dynamic for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Locorr Dynamic Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -2.0% | |
| Locorr Dynamic Equity maintains about 36.65% of its assets in cash |
- Analyzing Locorr Dynamic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Locorr Dynamic's stock is overvalued or undervalued compared to its peers.
- Examining Locorr Dynamic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Locorr Dynamic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Locorr Dynamic's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Locorr Dynamic's mutual fund. These opinions can provide insight into Locorr Dynamic's potential for growth and whether the stock is currently undervalued or overvalued.
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 gross domestic product. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.