# LOCORR Z Score

 LEQIX Fund USD 11.08  0.02  0.18%
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out LOCORR DYNAMIC Piotroski F Score and Portfolio Optimization analysis.
 LOCORR

## LOCORR Z Score Analysis

LOCORR DYNAMIC's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 Z Score = Sum Of 5 Factors
More About Z Score | All Equity Analysis
 First Factor = 1.2 * ( Working Capital / Total Assets )
 Second Factor = 1.4 * ( Retained Earnings / Total Assets )
 Thrid Factor = 3.3 * ( EBITAD / Total Assets )
 Fouth Factor = 0.6 * ( Market Value of Equity / Total Liabilities )
 Fifth Factor = 0.99 * ( Revenue / Total Assets )
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
 Competition Predict LOCORR DYNAMIC

## LOCORR DYNAMIC Z Score Component Assessment

Based on the company's disclosures, LOCORR DYNAMIC EQUITY has a Z Score of 0.0. This indicator is about the same for the LoCorr Funds average (which is currently at 0.0) family and about the same as Long-Short Equity (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).

## LOCORR Z Score 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 Z Score 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 z score among similar funds.

## Fund Asset Allocation for LOCORR DYNAMIC

The fund invests 63.34% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (36.65%) and various exotic instruments (0.01%).
Asset allocation divides LOCORR DYNAMIC's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

## LOCORR Fundamentals

 Price to Earning 11.66 X Price to Book 1.99 X Price to Sales 0.68 X Total Asset 23.32 M One Year Return (11.67) % Three Year Return (3.94) % Five Year Return 0.32 % Net Asset 23.32 M Minimum Initial Investment 100 K Cash Position Weight 36.65 % Equity Positions Weight 63.34 %

## 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.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LOCORR DYNAMIC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LOCORR DYNAMIC's short interest history, or implied volatility extrapolated from LOCORR DYNAMIC options trading.

## Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as LOCORR DYNAMIC EQUITY using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

## Build Optimal Portfolios

### Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out LOCORR DYNAMIC Piotroski F Score and Portfolio Optimization analysis. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

## 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.
 Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like Focused OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences Earnings CallsCheck upcoming earnings announcements updated hourly across public exchanges Money ManagersScreen money managers from public funds and ETFs managed around the world Volatility AnalysisGet historical volatility and risk analysis based on latest market data Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios
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.