Locorr Macro Strategies Fund Market Value
| LFMCX Fund | USD 7.33 0.02 0.27% |
| Symbol | Locorr |
Locorr Macro '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 Macro'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 Macro.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Locorr Macro on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Locorr Macro Strategies or generate 0.0% return on investment in Locorr Macro over 30 days. Locorr Macro is related to or competes with Locorr Spectrum, Locorr Spectrum, Locorr Spectrum, Locorr Longshort, Locorr Long/short, Locorr Long/short, and Locorr Dynamic. The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies Managed Futu... More
Locorr Macro 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 Macro'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 Macro Strategies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4297 | |||
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 1.77 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.6812 |
Locorr Macro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Locorr Macro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Locorr Macro's standard deviation. In reality, there are many statistical measures that can use Locorr Macro historical prices to predict the future Locorr Macro's volatility.| Risk Adjusted Performance | 0.0043 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.28) | |||
| Treynor Ratio | 0.3401 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Locorr Macro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Locorr Macro Strategies Backtested Returns
At this stage we consider Locorr Mutual Fund to be very steady. Locorr Macro Strategies has Sharpe Ratio of 0.0074, which conveys that the entity had a 0.0074% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Locorr Macro, which you can use to evaluate the volatility of the fund. Please verify Locorr Macro's Downside Deviation of 0.4297, risk adjusted performance of 0.0043, and Mean Deviation of 0.3105 to check out if the risk estimate we provide is consistent with the expected return of 0.0029%. The fund secures a Beta (Market Risk) of -0.0088, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Locorr Macro are expected to decrease at a much lower rate. During the bear market, Locorr Macro is likely to outperform the market.
Auto-correlation | 0.83 |
Very good predictability
Locorr Macro Strategies has very good predictability. Overlapping area represents the amount of predictability between Locorr Macro time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Macro Strategies price movement. The serial correlation of 0.83 indicates that around 83.0% of current Locorr Macro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Locorr Macro Strategies lagged returns against current returns
Autocorrelation, which is Locorr Macro 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 Macro's mutual fund expected returns. We can calculate the autocorrelation of Locorr Macro returns to help us make a trade decision. For example, suppose you find that Locorr Macro 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 Macro 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 Macro mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Locorr Macro 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 Macro mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Locorr Macro Lagged Returns
When evaluating Locorr Macro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Locorr Macro mutual fund have on its future price. Locorr Macro 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 Macro autocorrelation shows the relationship between Locorr Macro mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Locorr Macro Strategies.
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 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.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |