Locorr Dynamic Equity Fund Manager Performance Evaluation
| LEQIX Fund | USD 13.12 0.06 0.46% |
The fund secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Locorr Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Locorr Dynamic is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Locorr Dynamic Equity are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Locorr Dynamic 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 | 2.2200 |
Locorr |
Locorr Dynamic Relative Risk vs. Return Landscape
If you would invest 1,254 in Locorr Dynamic Equity on September 27, 2024 and sell it today you would earn a total of 58.00 from holding Locorr Dynamic Equity or generate 4.63% return on investment over 90 days. Locorr Dynamic Equity is currently producing 0.0731% returns and takes up 0.5076% volatility of returns over 90 trading days. Put another way, 4% 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 Dynamic Current Valuation
Undervalued
Today
Please note that Locorr Dynamic's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Locorr Dynamic Equity secures a last-minute Real Value of $13.53 per share. The latest price of the fund is $13.12. We determine the value of Locorr Dynamic Equity 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 Dynamic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Locorr Mutual Fund. However, Locorr Dynamic'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 13.12 | Real 13.53 | Hype 13.12 | Naive 13.04 |
The intrinsic value of Locorr Dynamic'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 Dynamic'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 Dynamic Equity 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 Dynamic more accurately as focusing exclusively on Locorr Dynamic's fundamentals will not take into account other important factors: Locorr Dynamic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Locorr Dynamic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Locorr Dynamic Equity, and traders can use it to determine the average amount a Locorr Dynamic'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 = 0.1439
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| Cash | LEQIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Locorr Dynamic is performing at about 11% 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 Dynamic by adding it to a well-diversified portfolio.
Locorr Dynamic Fundamentals Growth
Locorr Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Locorr Dynamic, and Locorr Dynamic 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 | 11.66 X | ||||
| Price To Book | 1.99 X | ||||
| Price To Sales | 0.68 X | ||||
| Total Asset | 77.09 M | ||||
About Locorr Dynamic Performance
Evaluating Locorr Dynamic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Locorr Dynamic 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 Dynamic 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.
Under normal market conditions, the fund invests in long or short positions in equity securities of domestic and foreign companies. The managers define equity securities as common stocks, preferred stocks and debt securities that are convertible into stock. The fund invests in securities of issuers without restriction as to capitalization or country. The fund invests in convertible debt securities of any maturity or credit quality, including those known as junk bonds.Things to note about Locorr Dynamic Equity performance evaluation
Checking the ongoing alerts about Locorr Dynamic for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Locorr Dynamic Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 36.65% of its assets in cash |
- Analyzing Locorr Dynamic'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 Dynamic's stock is overvalued or undervalued compared to its peers.
- Examining Locorr Dynamic'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 Dynamic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Locorr Dynamic's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Locorr Dynamic's mutual fund. These opinions can provide insight into Locorr Dynamic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Locorr Mutual Fund
Locorr Dynamic 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 Dynamic security.
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |