Locorr Longshort Modities Fund Price on November 26, 2024
| LCSCX Fund | USD 8.65 0.02 0.23% |
Below is the normalized historical share price chart for Locorr Longshort Modities extending back to February 28, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Locorr Longshort stands at 8.65, as last reported on the 2nd of December, with the highest price reaching 8.65 and the lowest price hitting 8.65 during the day.
If you're considering investing in Locorr Mutual Fund, it is important to understand the factors that can impact its price. Locorr Longshort Modities has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of risk over the last 3 months. Locorr Longshort exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Locorr Longshort's Mean Deviation of 0.2532, risk adjusted performance of (0.13), and Standard Deviation of 0.3246 to check out the risk estimate we provide.
Locorr Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Locorr |
Sharpe Ratio = -0.1113
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LCSCX |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Locorr Longshort is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Locorr Longshort by adding Locorr Longshort to a well-diversified portfolio.
Locorr Longshort Valuation on November 26, 2024
It is possible to determine the worth of Locorr Longshort on a given historical date. On November 26, 2024 Locorr was worth 8.61 at the beginning of the trading date compared to the closed value of 8.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Locorr Longshort mutual fund. Still, in general, we apply an absolute valuation method to find Locorr Longshort's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Locorr Longshort where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Locorr Longshort's related companies.
| Open | High | Low | Close | Volume | |
| 8.62 | 8.62 | 8.62 | 8.62 | 1.00 | |
11/26/2024 | 8.61 | 8.61 | 8.61 | 8.61 | 1.00 |
| 8.63 | 8.63 | 8.63 | 8.63 | 1.00 |
| Backtest Locorr Longshort | | | Locorr Longshort History | | | Locorr Longshort Valuation | Previous | Next |
Locorr Longshort Trading Date Momentum on November 26, 2024
| On November 27 2024 Locorr Longshort Modities was traded for 8.63 at the closing time. The highest daily price throughout the period was 8.63 and the lowest price was 8.63 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.23% . The trading delta at closing time to current closing price is 0.46% . |
Locorr Longshort Modities Fundamentals Correlations and Trends
By evaluating Locorr Longshort's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Locorr Longshort's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Locorr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Locorr Longshort Mutual Fund history
Locorr Longshort investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Locorr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Locorr Longshort Modities will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Locorr Longshort stock prices may prove useful in developing a viable investing in Locorr Longshort
The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies Commodities Strategy and Fixed Income Strategy. The Commodities strategy is designed to produce capital appreciation by capturing returns related to the commodities markets. The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities.
Locorr Longshort Mutual Fund Technical Analysis
Locorr Longshort technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Locorr Longshort Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Locorr Longshort Modities cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Locorr Longshort December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Locorr Longshort mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Locorr Longshort shares will generate the highest return on investment. By undertsting and applying Locorr Longshort mutual fund market strength indicators, traders can identify Locorr Longshort Modities entry and exit signals to maximize returns
Locorr Longshort Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Locorr Longshort's price direction in advance. Along with the technical and fundamental analysis of Locorr Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Locorr to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (2.35) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Locorr Mutual Fund
Locorr Longshort 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 Longshort security.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |