Locorr Long/short Correlations

LCSCX Fund

USD 8.18 0.02 0.25%

The current 90-days correlation between Locorr Longshort Modities and The Hartford Healthcare is 0.23 (i.e., Modest diversification). The correlation of Locorr Long/short is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Locorr Long/short Correlation With Market

Good diversification

The correlation between Locorr Longshort Modities and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Locorr Longshort Modities and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locorr Longshort Modities. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with Locorr Mutual Fund

0.99

LCSAX

Locorr Longshort Modities

Pair Corr

Moving against Locorr Mutual Fund

0.47	MGGYX	Mirova Global Green	Pair Corr
0.46	LEQCX	Locorr Dynamic Equity	Pair Corr
0.38	AQMRX	Aqr Managed Futures	Pair Corr
0.32	RRPPX	American Funds Retirement	Pair Corr

Related Correlations Analysis

	RAGHX	ETAHX	PGHAX	PHSRX	BHCHX	DLRHX	HGHYX
RAGHX		0.88	0.97	0.96	0.9	0.81	0.97	RAGHX
ETAHX	0.88		0.89	0.87	0.85	0.9	0.94	ETAHX
PGHAX	0.97	0.89		0.98	0.89	0.85	0.99	PGHAX
PHSRX	0.96	0.87	0.98		0.82	0.87	0.98	PHSRX
BHCHX	0.9	0.85	0.89	0.82		0.64	0.86	BHCHX
DLRHX	0.81	0.9	0.85	0.87	0.64		0.91	DLRHX
HGHYX	0.97	0.94	0.99	0.98	0.86	0.91		HGHYX
	RAGHX	ETAHX	PGHAX	PHSRX	BHCHX	DLRHX	HGHYX

Risk-Adjusted Indicators

There is a big difference between Locorr Mutual Fund performing well and Locorr Long/short Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Locorr Long/short's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RAGHX	0.73	0.07	0.06	0.17	0.59	(0.89)	2.02	(1.11)	4.39
ETAHX	1.13	0.23	0.17	0.57	0.85	(1.35)	3.27	(1.79)	5.64
PGHAX	0.62	0.09	0.08	0.27	0.47	(0.75)	1.80	(1.12)	3.94
PHSRX	0.65	0.12	0.12	0.35	0.48	(0.80)	1.83	(1.15)	4.36
BHCHX	0.66	0.07	0.04	0.26	0.59	(0.78)	1.66	(0.98)	4.22
DLRHX	0.87	0.21	0.25	0.39	0.40	(1.10)	2.09	(1.15)	7.60
HGHYX	0.64	0.13	0.15	0.30	0.38	(0.73)	1.91	(0.98)	3.95

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC