Locorr Strategic Correlations

LSAAX Fund

10.66 0.05 0.47%

The current 90-days correlation between Locorr Strategic All and Pioneer Global Equity is 0.22 (i.e., Modest diversification). The correlation of Locorr Strategic 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 Strategic Correlation With Market

Almost no diversification

The correlation between Locorr Strategic Allocation and DJI is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Locorr Strategic Allocation and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Locorr Mutual Fund

0.92	VTSAX	Vanguard Total Stock	Pair Corr
0.83	VFIAX	Vanguard 500 Index	Pair Corr
0.85	VTSMX	Vanguard Total Stock	Pair Corr
0.92	VSTSX	Vanguard Total Stock	Pair Corr
0.85	VITSX	Vanguard Total Stock	Pair Corr
0.85	VSMPX	Vanguard Total Stock	Pair Corr
0.94	VTIAX	Vanguard Total Inter	Pair Corr
0.82	VFINX	Vanguard 500 Index	Pair Corr
0.9	VFFSX	Vanguard 500 Index	Pair Corr
0.84	BASMX	Blackrock Total Stock	Pair Corr
0.9	MKCPX	Blackrock Balanced	Pair Corr
0.65	MLCPX	Maingate Mlp	Pair Corr
0.73	HOBEX	Holbrook Income	Pair Corr
0.75	IREIX	Ivy Advantus Real	Pair Corr
0.93	FINFX	American Funds Funda	Pair Corr
0.77	BSGAX	Sterling Capital Short	Pair Corr
0.85	AVK	Advent Claymore Conv	Pair Corr
0.9	SSDAX	Deutsche Small Cap	Pair Corr
0.89	DSIBX	Dreyfus Short Interm	Pair Corr
0.89	AOGIX	One Choice Portfolio	Pair Corr
0.87	SEBLX	Sentinel Balanced	Pair Corr
0.71	KAUCX	Federated Kaufmann	Pair Corr
0.89	JAVAX	James Aggressive All	Pair Corr
0.66	HGHFX	The Hartford Healthcare	Pair Corr
0.63	DLFNX	Doubleline E Fixed	Pair Corr
0.85	DHSIX	Diamond Hill Small	Pair Corr
0.88	SRMCX	Deutsche Short Term	Pair Corr
0.61	NAC	Nuveen California	Pair Corr
0.85	ABCIX	American Beacon	Pair Corr
0.61	OOSAX	Oppenheimer Senior	Pair Corr
0.91	FKINX	Franklin Income	Pair Corr
0.82	LCATX	Leader Total Return	Pair Corr
0.92	HWHAX	Hotchkis Wiley High	Pair Corr
0.83	WMKSX	Wesmark Small Pany	Pair Corr
0.89	LHYQX	Lord Abbett High	Pair Corr
0.73	MSDRX	Wells Fargo Short	Pair Corr
0.8	AEUDX	Equity Income	Pair Corr

Related Correlations Analysis

	TEDIX	GLOIX	DODWX	DLGBX	FSTBX	TBCUX	PGSYX
TEDIX		0.91	0.93	0.78	0.94	0.94	0.88	TEDIX
GLOIX	0.91		0.91	0.86	0.92	0.93	0.83	GLOIX
DODWX	0.93	0.91		0.75	0.89	0.95	0.84	DODWX
DLGBX	0.78	0.86	0.75		0.78	0.79	0.7	DLGBX
FSTBX	0.94	0.92	0.89	0.78		0.91	0.86	FSTBX
TBCUX	0.94	0.93	0.95	0.79	0.91		0.85	TBCUX
PGSYX	0.88	0.83	0.84	0.7	0.86	0.85		PGSYX
	TEDIX	GLOIX	DODWX	DLGBX	FSTBX	TBCUX	PGSYX

Risk-Adjusted Indicators

There is a big difference between Locorr Mutual Fund performing well and Locorr Strategic 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 Strategic'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
TEDIX	0.54	0.06	0.02	0.36	0.60	(0.55)	1.20	(1.10)	3.62
GLOIX	0.64	0.17	0.19	0.38	0.40	(0.74)	1.69	(1.38)	3.33
DODWX	0.66	0.15	0.19	0.26	0.36	(0.80)	1.28	(0.91)	9.17
DLGBX	0.16	0.02	(0.21)	0.35	0.00	(0.22)	0.35	(0.23)	0.69
FSTBX	0.38	0.08	0.04	0.72	0.36	(0.42)	0.79	(0.92)	2.18
TBCUX	0.58	0.16	0.23	0.27	0.21	(0.72)	1.08	(1.06)	8.54
PGSYX	0.77	0.23	0.30	0.25	0.26	(0.90)	1.49	(1.25)	13.98

Locorr Strategic Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Locorr Strategic mutual fund to make a market-neutral strategy. Peer analysis of Locorr Strategic could also be used in its relative valuation, which is a method of valuing Locorr Strategic by comparing valuation metrics with similar companies.

Franklin Mutual Global Gamco Global Opportunity Dodge Global Stock Doubleline Global Bond Federated Global Allocation Tweedy Browne Global Pioneer Global Equity American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp Chevron Corp

Risk & Return

Correlation

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