Locorr Longshort Modities Fund Price on November 23, 2024
| LCSIX Fund | USD 9.34 0.01 0.11% |
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 Long/short stands at 9.34, as last reported on the 23rd of November, with the highest price reaching 9.34 and the lowest price hitting 9.34 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 -0.16, which conveys that the entity had a -0.16% return per unit of risk over the last 3 months. Locorr Long/short exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Locorr Long/short's Mean Deviation of 0.27, risk adjusted performance of (0.12), and Standard Deviation of 0.339 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 = -0.165
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| Negative Returns | LCSIX |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Locorr Long/short 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 Long/short by adding Locorr Long/short to a well-diversified portfolio.
Locorr Long/short Valuation on November 23, 2024
It is possible to determine the worth of Locorr Long/short on a given historical date. On November 23, 2024 Locorr was worth 9.34 at the beginning of the trading date compared to the closed value of 9.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Locorr Long/short mutual fund. Still, in general, we apply an absolute valuation method to find Locorr Long/short'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 Long/short where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Locorr Long/short's related companies.
| Open | High | Low | Close | Volume | |
| 9.35 | 9.35 | 9.35 | 9.35 | 1.00 | |
11/23/2024 | 9.34 | 9.34 | 9.34 | 9.34 | 0.00 |
| Backtest Locorr Long/short | | | Locorr Long/short History | | | Locorr Long/short Valuation | Previous |
Locorr Long/short Trading Date Momentum on November 23, 2024
| On November 23 2024 Locorr Longshort Modities was traded for 9.34 at the closing time. The highest daily price throughout the period was 9.34 and the lowest price was 9.34 . There was no trading activity during the period 0.0. Lack of trading volume on 11/23/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Locorr Longshort Modities Fundamentals Correlations and Trends
By evaluating Locorr Long/short'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 Long/short'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 Long/short Mutual Fund history
Locorr Long/short 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 Long/short stock prices may prove useful in developing a viable investing in Locorr Long/short
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 Long/short Mutual Fund Technical Analysis
Locorr Long/short 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 Long/short Period Price Range
Low | November 23, 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 Long/short November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Locorr Long/short 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 Long/short shares will generate the highest return on investment. By undertsting and applying Locorr Long/short mutual fund market strength indicators, traders can identify Locorr Longshort Modities entry and exit signals to maximize returns
Locorr Long/short Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Locorr Long/short'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 | (0.12) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (36.81) |
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Other Information on Investing in Locorr Mutual Fund
Locorr Long/short 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 Long/short security.
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