Locorr Dynamic Equity Fund Price on November 22, 2024
| LEQIX Fund | USD 13.35 0.01 0.07% |
Below is the normalized historical share price chart for Locorr Dynamic Equity extending back to May 10, 2013. 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 Dynamic stands at 13.35, as last reported on the 26th of November, with the highest price reaching 13.35 and the lowest price hitting 13.35 during the day.
If you're considering investing in Locorr Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Locorr Mutual Fund to be very steady. Locorr Dynamic Equity has Sharpe Ratio of 0.26, which conveys that the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Locorr Dynamic, which you can use to evaluate the volatility of the fund. Please verify Locorr Dynamic's Risk Adjusted Performance of 0.1674, downside deviation of 0.4897, and Mean Deviation of 0.4005 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Locorr Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Locorr |
Sharpe Ratio = 0.2615
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Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Locorr Dynamic is performing at about 20% of its full potential. 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 Dynamic by adding it to a well-diversified portfolio.
Locorr Dynamic Valuation on November 22, 2024
It is possible to determine the worth of Locorr Dynamic on a given historical date. On November 22, 2024 Locorr was worth 13.23 at the beginning of the trading date compared to the closed value of 13.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Locorr Dynamic mutual fund. Still, in general, we apply an absolute valuation method to find Locorr Dynamic'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 Dynamic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Locorr Dynamic's related companies.
| Open | High | Low | Close | Volume | |
| 13.10 | 13.10 | 13.10 | 13.10 | 1.00 | |
11/22/2024 | 13.23 | 13.23 | 13.23 | 13.23 | 1.00 |
| 13.36 | 13.36 | 13.36 | 13.36 | 1.00 |
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Locorr Dynamic Trading Date Momentum on November 22, 2024
| On November 25 2024 Locorr Dynamic Equity was traded for 13.36 at the closing time. The highest daily price throughout the period was 13.36 and the lowest price was 13.36 . There was no trading activity during the period 1.0. Lack of trading volume on 11/25/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.98% . The trading delta at closing time to current closing price is 0.91% . |
Locorr Dynamic Equity Fundamentals Correlations and Trends
By evaluating Locorr Dynamic'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 Dynamic'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 Dynamic Mutual Fund history
Locorr Dynamic 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 Dynamic Equity 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 Dynamic stock prices may prove useful in developing a viable investing in Locorr Dynamic
Under normal market conditions, the fund invests in long or short positions in equity securities of domestic and foreign companies. The managers define equity securities as common stocks, preferred stocks and debt securities that are convertible into stock. The fund invests in securities of issuers without restriction as to capitalization or country. The fund invests in convertible debt securities of any maturity or credit quality, including those known as junk bonds.
Locorr Dynamic Mutual Fund Technical Analysis
Locorr Dynamic 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 Dynamic Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Locorr Dynamic Equity 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 Dynamic November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Locorr Dynamic 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 Dynamic shares will generate the highest return on investment. By undertsting and applying Locorr Dynamic mutual fund market strength indicators, traders can identify Locorr Dynamic Equity entry and exit signals to maximize returns
Locorr Dynamic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Locorr Dynamic'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 | 0.1674 | |||
| Jensen Alpha | 0.0422 | |||
| Total Risk Alpha | 0.026 | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1977 |
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Other Information on Investing in Locorr Mutual Fund
Locorr Dynamic 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 Dynamic security.
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