Locorr Spectrum Financial Statements From 2010 to 2024
| LSPIX Fund | USD 5.61 0.01 0.18% |
Check Locorr Spectrum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Locorr Spectrum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Locorr financial statements analysis is a perfect complement when working with Locorr Spectrum Valuation or Volatility modules.
Locorr |
Locorr Spectrum Income Mutual Fund Price To Book Analysis
Locorr Spectrum's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Locorr Spectrum Price To Book | 1.22 X |
Most of Locorr Spectrum's fundamental indicators, such as Price To Book, 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 Spectrum Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Locorr Spectrum Income has a Price To Book of 1.22 times. This is much higher than that of the LoCorr Funds family and significantly higher than that of the Allocation--85%+ Equity category. The price to book for all United States funds is notably lower than that of the firm.
Locorr Spectrum Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Locorr Spectrum's current stock value. Our valuation model uses many indicators to compare Locorr Spectrum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Locorr Spectrum competition to find correlations between indicators driving Locorr Spectrum's intrinsic value. More Info.Locorr Spectrum Income is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Locorr Spectrum Income is roughly 11.03 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Locorr Spectrum's earnings, one of the primary drivers of an investment's value.About Locorr Spectrum Financial Statements
Locorr Spectrum investors use historical fundamental indicators, such as Locorr Spectrum's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Locorr Spectrum. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objectives by allocating its assets primarily among income-producing securities using an Income Strategy. The Income strategy employed by the funds sub-adviser attempts to produce current income and capital appreciation. The composition of the portfolio will vary over time according to the sub-advisers evaluation of economic and market conditions, including prospects for growth and inflation, as they affect the potential returns from different classes of securities.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Locorr Mutual Fund
Locorr Spectrum financial ratios help investors to determine whether Locorr Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Locorr with respect to the benefits of owning Locorr Spectrum security.
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