Locorr Longshort Modities Fund Market Value
| LCSAX Fund | USD 9.18 0.01 0.11% |
| Symbol | Locorr |
Locorr Longshort 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Locorr Longshort's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Locorr Longshort.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Locorr Longshort on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Locorr Longshort Modities or generate 0.0% return on investment in Locorr Longshort over 660 days. Locorr Longshort is related to or competes with Locorr Market, Locorr Market, Locorr Market, Locorr Spectrum, Locorr Spectrum, Locorr Spectrum, and Locorr Longshort. The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies Commodities ... More
Locorr Longshort Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Locorr Longshort's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Locorr Longshort Modities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 1.79 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.4233 |
Locorr Longshort Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Locorr Longshort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Locorr Longshort's standard deviation. In reality, there are many statistical measures that can use Locorr Longshort historical prices to predict the future Locorr Longshort's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.89) |
Locorr Longshort Modities Backtested Returns
Locorr Longshort Modities has Sharpe Ratio of -0.17, which conveys that the entity had a -0.17% return per unit of risk over the last 3 months. Locorr Longshort exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Locorr Longshort's Mean Deviation of 0.2527, risk adjusted performance of (0.12), and Standard Deviation of 0.3268 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.0598, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Locorr Longshort's returns are expected to increase less than the market. However, during the bear market, the loss of holding Locorr Longshort is expected to be smaller as well.
Auto-correlation | 0.33 |
Below average predictability
Locorr Longshort Modities has below average predictability. Overlapping area represents the amount of predictability between Locorr Longshort time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Locorr Longshort Modities price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Locorr Longshort price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Locorr Longshort Modities lagged returns against current returns
Autocorrelation, which is Locorr Longshort mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Locorr Longshort's mutual fund expected returns. We can calculate the autocorrelation of Locorr Longshort returns to help us make a trade decision. For example, suppose you find that Locorr Longshort has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Locorr Longshort regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Locorr Longshort mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Locorr Longshort mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Locorr Longshort mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Locorr Longshort Lagged Returns
When evaluating Locorr Longshort's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Locorr Longshort mutual fund have on its future price. Locorr Longshort autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Locorr Longshort autocorrelation shows the relationship between Locorr Longshort mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Locorr Longshort Modities.
Regressed Prices |
| Timeline |
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 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.
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