Locorr Market Trend Fund Manager Performance Evaluation
| LOTIX Fund | USD 11.41 0.06 0.53% |
The fund secures a Beta (Market Risk) of -0.0912, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Locorr Market are expected to decrease at a much lower rate. During the bear market, Locorr Market is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Locorr Market Trend has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Locorr Market is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 1.7500 |
Locorr |
Locorr Market Relative Risk vs. Return Landscape
If you would invest 1,161 in Locorr Market Trend on August 25, 2024 and sell it today you would lose (20.00) from holding Locorr Market Trend or give up 1.72% of portfolio value over 90 days. Locorr Market Trend is currently producing negative expected returns and takes up 0.8537% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Locorr, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Locorr Market Current Valuation
Fairly Valued
Today
Please note that Locorr Market's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Locorr Market Trend secures a last-minute Real Value of $11.42 per share. The latest price of the fund is $11.41. We determine the value of Locorr Market Trend from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Locorr Market is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Locorr Mutual Fund. However, Locorr Market's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.41 | Real 11.42 | Hype 11.41 | Naive 11.3 |
The intrinsic value of Locorr Market's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Locorr Market's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Locorr Market Trend helps investors to forecast how Locorr mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Locorr Market more accurately as focusing exclusively on Locorr Market's fundamentals will not take into account other important factors: Locorr Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Locorr Market's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Locorr Market Trend, and traders can use it to determine the average amount a Locorr Market's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0276
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LOTIX |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Locorr Market is not performing at its full potential. However, 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 Market by adding Locorr Market to a well-diversified portfolio.
Locorr Market Fundamentals Growth
Locorr Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Locorr Market, and Locorr Market fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Locorr Mutual Fund performance.
| Price To Earning | 20.03 X | ||||
| Price To Book | 3.11 X | ||||
| Price To Sales | 1.77 X | ||||
| Total Asset | 459.08 M | ||||
About Locorr Market Performance
Evaluating Locorr Market's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Locorr Market has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Locorr Market has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies Market Trend Strategy and Fixed Income Strategy. The Market Trend strategy is a macro-oriented quantitative strategy that employs various investment techniques to select long and short positions in the global futures and foreign exchange markets. The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities.Things to note about Locorr Market Trend performance evaluation
Checking the ongoing alerts about Locorr Market for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Locorr Market Trend help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Locorr Market Trend generated a negative expected return over the last 90 days | |
| The fund maintains about 29.58% of its assets in cash |
- Analyzing Locorr Market's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Locorr Market's stock is overvalued or undervalued compared to its peers.
- Examining Locorr Market's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Locorr Market's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Locorr Market's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Locorr Market's mutual fund. These opinions can provide insight into Locorr Market's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Locorr Mutual Fund
Locorr Market 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 Market security.
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