Locorr Market Trend Fund Technical Analysis

LOTCX Fund  USD 12.06  0.06  0.50%   
As of the 29th of March, Locorr Market secures the Mean Deviation of 0.4134, risk adjusted performance of 0.2126, and Coefficient Of Variation of 261.69. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Locorr Market Trend, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down eighteen technical drivers for Locorr Market, which can be compared to its peers in the industry. Please verify Locorr Market Trend mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Locorr Market Trend is priced some-what accurately, providing market reflects its recent price of 12.06 per share.

Locorr Market Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Locorr, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Locorr
  
Locorr Market's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Locorr Market technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Locorr Market technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Locorr Market trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Locorr Market Trend Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Locorr Market Trend volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Locorr Market Trend Trend Analysis

Use this graph to draw trend lines for Locorr Market Trend. You can use it to identify possible trend reversals for Locorr Market as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Locorr Market price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Locorr Market Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Locorr Market Trend applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Locorr Market Trend will continue generating value for investors. It has 122 observation points and a regression sum of squares at 31.26, which is the sum of squared deviations for the predicted Locorr Market price change compared to its average price change.

About Locorr Market Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Locorr Market Trend on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Locorr Market Trend based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Locorr Market Trend price pattern first instead of the macroeconomic environment surrounding Locorr Market Trend. By analyzing Locorr Market's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Locorr Market's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Locorr Market specific price patterns or momentum indicators. Please read more on our technical analysis page.

Locorr Market March 29, 2024 Technical Indicators

Most technical analysis of Locorr help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Locorr from various momentum indicators to cycle indicators. When you analyze Locorr charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locorr Market Trend. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Locorr Market Trend information on this page should be used as a complementary analysis to other Locorr Market's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Locorr Mutual Fund analysis

When running Locorr Market's price analysis, check to measure Locorr Market's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Locorr Market is operating at the current time. Most of Locorr Market's value examination focuses on studying past and present price action to predict the probability of Locorr Market's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locorr Market's price. Additionally, you may evaluate how the addition of Locorr Market to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Locorr Market's value and its price as these two are different measures arrived at by different means. Investors typically determine if Locorr Market is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Locorr Market's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.