Locorr Macro Strategies Fund Price on March 1, 2024
| LFMCX Fund | USD 7.29 0.02 0.27% |
Below is the normalized historical share price chart for Locorr Macro Strategies extending back to June 17, 2011. 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 Macro stands at 7.29, as last reported on the 30th of November, with the highest price reaching 7.29 and the lowest price hitting 7.29 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 Macro Strategies has Sharpe Ratio of 0.0242, which conveys that the entity had a 0.0242% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Locorr Macro, which you can use to evaluate the volatility of the fund. Please verify Locorr Macro's Standard Deviation of 0.3931, risk adjusted performance of (0.03), and Mean Deviation of 0.3093 to check out if the risk estimate we provide is consistent with the expected return of 0.0095%.
Locorr Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Locorr |
Sharpe Ratio = 0.0242
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| Negative Returns | LFMCX |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Locorr Macro is performing at about 1% 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 Macro by adding it to a well-diversified portfolio.
Locorr Macro Valuation on March 1, 2024
It is possible to determine the worth of Locorr Macro on a given historical date. On March 1, 2024 Locorr was worth 7.34 at the beginning of the trading date compared to the closed value of 7.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Locorr Macro mutual fund. Still, in general, we apply an absolute valuation method to find Locorr Macro'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 Macro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Locorr Macro's related companies.
| Open | High | Low | Close | Volume | |
| 7.32 | 7.32 | 7.32 | 7.32 | 1.00 | |
03/01/2024 | 7.34 | 7.34 | 7.34 | 7.34 | 1.00 |
| 7.34 | 7.34 | 7.34 | 7.34 | 1.00 |
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Locorr Macro Trading Date Momentum on March 1, 2024
| On March 04 2024 Locorr Macro Strategies was traded for 7.34 at the closing time. The highest daily price throughout the period was 7.34 and the lowest price was 7.34 . There was no trading activity during the period 1.0. Lack of trading volume on 03/04/2024 did not cause price change. The trading delta at closing time to current closing price is 0.95% . |
Locorr Macro Strategies Fundamentals Correlations and Trends
By evaluating Locorr Macro'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 Macro'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 Macro Mutual Fund history
Locorr Macro 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 Macro Strategies 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 Macro stock prices may prove useful in developing a viable investing in Locorr Macro
The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies Managed Futures Strategy and Fixed Income Strategy. The Managed Futures strategy is designed to produce capital appreciation by capturing returns related to the commodity and financial markets. The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities.
Locorr Macro Mutual Fund Technical Analysis
Locorr Macro 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 Macro Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Locorr Macro Strategies 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 Macro November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Locorr Macro 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 Macro shares will generate the highest return on investment. By undertsting and applying Locorr Macro mutual fund market strength indicators, traders can identify Locorr Macro Strategies entry and exit signals to maximize returns
Locorr Macro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Locorr Macro'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 | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 1.45 |
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| Math Transform | ||
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| Volume Indicators |
Other Information on Investing in Locorr Mutual Fund
Locorr Macro 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 Macro security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |