Locorr Spectrum Income Fund Manager Performance Evaluation
| LSPCX Fund | USD 5.69 0.04 0.70% |
The fund secures a Beta (Market Risk) of 0.0579, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Locorr Spectrum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Locorr Spectrum is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Locorr Spectrum Income are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Locorr Spectrum 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 | 3.9100 |
Locorr |
Locorr Spectrum Relative Risk vs. Return Landscape
If you would invest 562.00 in Locorr Spectrum Income on August 25, 2024 and sell it today you would earn a total of 7.00 from holding Locorr Spectrum Income or generate 1.25% return on investment over 90 days. Locorr Spectrum Income is currently producing 0.0203% returns and takes up 0.4336% volatility of returns over 90 trading days. Put another way, 3% 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 Spectrum Current Valuation
Fairly Valued
Today
Please note that Locorr Spectrum's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Locorr Spectrum Income secures a last-minute Real Value of $5.67 per share. The latest price of the fund is $5.69. We determine the value of Locorr Spectrum Income 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 Spectrum is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Locorr Mutual Fund. However, Locorr Spectrum'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 5.69 | Real 5.67 | Hype 5.69 | Naive 5.74 |
The intrinsic value of Locorr Spectrum'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 Spectrum'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 Spectrum Income 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 Spectrum more accurately as focusing exclusively on Locorr Spectrum's fundamentals will not take into account other important factors: Locorr Spectrum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Locorr Spectrum's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Locorr Spectrum Income, and traders can use it to determine the average amount a Locorr Spectrum'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 = 0.0467
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LSPCX |
Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Locorr Spectrum is performing at about 3% 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 Spectrum by adding it to a well-diversified portfolio.
Locorr Spectrum Fundamentals Growth
Locorr Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Locorr Spectrum, and Locorr Spectrum 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 | 13.32 X | ||||
| Price To Book | 1.25 X | ||||
| Price To Sales | 0.57 X | ||||
| Total Asset | 12.07 M | ||||
About Locorr Spectrum Performance
Evaluating Locorr Spectrum's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Locorr Spectrum 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 Spectrum 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 primarily among income-producing securities using an Income Strategy. The Income strategy employed by the funds sub-adviser attempts to produce current income and capital appreciation. The composition of the portfolio will vary over time according to the sub-advisers evaluation of economic and market conditions, including prospects for growth and inflation, as they affect the potential returns from different classes of securities.Things to note about Locorr Spectrum Income performance evaluation
Checking the ongoing alerts about Locorr Spectrum for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Locorr Spectrum Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -2.0% | |
| Locorr Spectrum Income maintains 84.63% of its assets in stocks |
- Analyzing Locorr Spectrum'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 Spectrum's stock is overvalued or undervalued compared to its peers.
- Examining Locorr Spectrum'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 Spectrum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Locorr Spectrum's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Locorr Spectrum's mutual fund. These opinions can provide insight into Locorr Spectrum's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Locorr Mutual Fund
Locorr Spectrum 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 Spectrum security.
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