Locorr Macro Strategies Fund Fundamentals
| LFMAX Fund | USD 7.80 0.02 0.26% |
Locorr Macro Strategies fundamentals help investors to digest information that contributes to Locorr Macro's financial success or failures. It also enables traders to predict the movement of Locorr Mutual Fund. The fundamental analysis module provides a way to measure Locorr Macro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Locorr Macro mutual fund.
Locorr |
Locorr Macro Strategies Mutual Fund Price To Book Analysis
Locorr Macro'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 Macro Price To Book | 2.04 X |
Most of Locorr Macro'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 Macro Strategies 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 Macro Strategies has a Price To Book of 2.04 times. This is much higher than that of the LoCorr Funds family and significantly higher than that of the Systematic Trend category. The price to book for all United States funds is notably lower than that of the firm.
Locorr Macro Strategies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Locorr Macro's current stock value. Our valuation model uses many indicators to compare Locorr Macro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Locorr Macro competition to find correlations between indicators driving Locorr Macro's intrinsic value. More Info.Locorr Macro Strategies 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 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Locorr Macro Strategies is roughly 8.46 . 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 Macro's earnings, one of the primary drivers of an investment's value.Locorr Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Locorr Macro's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Locorr Macro could also be used in its relative valuation, which is a method of valuing Locorr Macro by comparing valuation metrics of similar companies.Locorr Macro is currently under evaluation in price to book among similar funds.
Locorr Fundamentals
| Price To Earning | 17.25 X | ||||
| Price To Book | 2.04 X | ||||
| Price To Sales | 1.51 X | ||||
| Total Asset | 79.3 M | ||||
| Annual Yield | 0.03 % | ||||
| Year To Date Return | 5.68 % | ||||
| One Year Return | 1.20 % | ||||
| Three Year Return | 3.11 % | ||||
| Five Year Return | 3.29 % | ||||
| Net Asset | 2.02 B | ||||
| Last Dividend Paid | 0.39 | ||||
| Cash Position Weight | 16.42 % | ||||
| Equity Positions Weight | (19.81) % | ||||
| Bond Positions Weight | (11.96) % |
About Locorr Macro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Locorr Macro Strategies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Locorr Macro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Locorr Macro Strategies based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
Also Currently Popular
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 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.
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