Locorr Dynamic Equity Fund Probability Of Bankruptcy

LEQIX Fund  USD 11.79  0.06  0.51%   
Locorr Dynamic's odds of distress is below 50% at this time. It has small probability of experiencing financial crunch in the next few years. Chance Of Bankruptcy shows the probability of financial distress over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Locorr balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Locorr Dynamic Piotroski F Score and Locorr Dynamic Altman Z Score analysis.
  

Locorr Probability Of Bankruptcy Analysis

Locorr Dynamic's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Locorr Dynamic Probability Of Bankruptcy

    
  Less than 40%  
Most of Locorr Dynamic's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Locorr Dynamic Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Locorr Dynamic probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Locorr Dynamic odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Locorr Dynamic Equity financial health.
Please note, there is a significant difference between Locorr Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Locorr Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Locorr Dynamic'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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Locorr Dynamic Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, Locorr Dynamic Equity has a Probability Of Bankruptcy of 40.0%. This is much higher than that of the LoCorr Funds family and significantly higher than that of the Long-Short Equity category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

Locorr Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Locorr Dynamic's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Locorr Dynamic could also be used in its relative valuation, which is a method of valuing Locorr Dynamic by comparing valuation metrics of similar companies.
Locorr Dynamic is currently under evaluation in probability of bankruptcy among similar funds.

Locorr Fundamentals

About Locorr Dynamic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Locorr Dynamic Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Locorr Dynamic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Locorr Dynamic Equity based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Under normal market conditions, the fund invests in long or short positions in equity securities of domestic and foreign companies. The fund defines equity securities as common stocks, preferred stocks and debt securities that are convertible into stock. The fund invests in securities of issuers without restriction as to capitalization or country. The fund invests in convertible debt securities of any maturity or credit quality, including those known as junk bonds.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Locorr Dynamic Piotroski F Score and Locorr Dynamic Altman Z Score analysis.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Please note, there is a significant difference between Locorr Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Locorr Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Locorr Dynamic'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.