Locorr Spectrum Correlations

LSPAX Fund

USD 5.66 0.04 0.71%

The current 90-days correlation between Locorr Spectrum Income and Global Real Estate is 0.73 (i.e., Poor diversification). The correlation of Locorr Spectrum 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 Spectrum Correlation With Market

Significant diversification

The correlation between Locorr Spectrum Income and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Locorr Spectrum Income 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 Spectrum Income. 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

0.63	LOTCX	Locorr Market Trend	Pair Corr
0.64	LOTAX	Locorr Market Trend	Pair Corr
0.65	LOTIX	Locorr Market Trend	Pair Corr
1.0	LSPCX	Locorr Spectrum Income	Pair Corr
0.95	LSPIX	Locorr Spectrum Income	Pair Corr
0.7	GWPFX	American Funds Growth	Pair Corr
0.79	PMPIX	Precious Metals Ultr Steady Growth	Pair Corr
0.79	PMPSX	Precious Metals Ultr Steady Growth	Pair Corr
0.8	FRGOX	Franklin Gold Precious	Pair Corr
0.82	MIDSX	Midas Fund Midas	Pair Corr
0.82	OCMAX	Ocm Mutual Fund	Pair Corr
0.8	FGADX	Franklin Gold Precious	Pair Corr
0.87	PZIEX	Pzena Emerging Markets	Pair Corr
0.78	SSGVX	State Street Global	Pair Corr
0.7	MNBRX	Pro-blend(r) Extended	Pair Corr
0.71	FVWSX	Fidelity Series Oppo	Pair Corr
0.83	APHGX	Artisan Global Value	Pair Corr

Moving against Locorr Mutual Fund

0.47	LEQIX	Locorr Dynamic Equity	Pair Corr
0.46	LEQCX	Locorr Dynamic Equity	Pair Corr
0.45	LEQAX	Locorr Dynamic Equity	Pair Corr
0.43	LCSCX	Locorr Longshort Modities	Pair Corr
0.39	LCSAX	Locorr Longshort Modities	Pair Corr
0.37	LCSIX	Locorr Longshort Modities	Pair Corr

Related Correlations Analysis

	RRSCX	BREUX	JYEBX	IVRSX	CREMX	FORFX	MRESX
RRSCX		0.48	0.62	0.72	0.02	-0.24	0.72	RRSCX
BREUX	0.48		0.19	0.34	0.62	0.19	0.36	BREUX
JYEBX	0.62	0.19		0.61	-0.05	0.21	0.47	JYEBX
IVRSX	0.72	0.34	0.61		-0.18	-0.22	0.95	IVRSX
CREMX	0.02	0.62	-0.05	-0.18		0.51	-0.27	CREMX
FORFX	-0.24	0.19	0.21	-0.22	0.51		-0.33	FORFX
MRESX	0.72	0.36	0.47	0.95	-0.27	-0.33		MRESX
	RRSCX	BREUX	JYEBX	IVRSX	CREMX	FORFX	MRESX

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

MRESX	+ 0.95	IVRSX
IVRSX	+ 0.72	RRSCX
MRESX	+ 0.72	RRSCX
JYEBX	+ 0.62	RRSCX
CREMX	+ 0.62	BREUX
IVRSX	+ 0.61	JYEBX

High negative correlations

MRESX	- 0.33	FORFX
MRESX	- 0.27	CREMX
FORFX	- 0.24	RRSCX
FORFX	- 0.22	IVRSX
CREMX	- 0.18	IVRSX
CREMX	- 0.05	JYEBX

Risk-Adjusted Indicators

There is a big difference between Locorr Mutual Fund performing well and Locorr Spectrum 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 Spectrum'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
RRSCX	0.43	0.03	(0.10)	0.35	0.63	(0.43)	0.86	(1.05)	3.01
BREUX	0.69	0.01	0.00	0.12	0.76	(0.71)	1.66	(1.65)	4.28
JYEBX	0.57	0.02	(0.10)	0.28	0.73	(0.60)	1.00	(1.37)	3.48
IVRSX	0.55	0.03	(0.06)	0.20	0.69	(0.58)	1.02	(1.02)	3.66
CREMX	0.02	0.02	0.00	2.76	0.00	0.00	0.08	0.00	0.08
FORFX	0.08	0.00	0.00	0.09	0.00	0.00	0.10	0.00	1.84
MRESX	0.56	0.01	(0.06)	0.14	0.81	(0.56)	1.07	(1.13)	3.67

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