Locorr Macro Strategies Fund Net Asset
| LFMCX Fund | USD 7.55 0.05 0.66% |
Locorr Macro Strategies fundamentals help investors to digest information that contributes to Locorr Macro's financial success or failures. It also enables traders to predict the movement of Locorr Mutual Fund. The fundamental analysis module provides a way to measure Locorr Macro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Locorr Macro mutual fund.
Locorr |
Locorr Macro Strategies Mutual Fund Net Asset Analysis
Locorr Macro's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Locorr Macro Net Asset | 2.02 B |
Most of Locorr Macro's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Locorr Macro Strategies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Locorr Macro Strategies has a Net Asset of 2.02 B. This is much higher than that of the LoCorr Funds family and significantly higher than that of the Systematic Trend category. The net asset for all United States funds is notably lower than that of the firm.
Locorr Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Locorr Macro's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Locorr Macro could also be used in its relative valuation, which is a method of valuing Locorr Macro by comparing valuation metrics of similar companies.Locorr Macro is currently under evaluation in net asset among similar funds.
Locorr Fundamentals
| Price To Earning | 17.25 X | ||||
| Price To Book | 2.04 X | ||||
| Price To Sales | 1.51 X | ||||
| Total Asset | 42.8 M | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 10.79 % | ||||
| One Year Return | 6.82 % | ||||
| Three Year Return | 3.39 % | ||||
| Five Year Return | 5.47 % | ||||
| Net Asset | 2.02 B | ||||
| Last Dividend Paid | 0.32 | ||||
| Cash Position Weight | 16.42 % | ||||
| Equity Positions Weight | (19.81) % | ||||
| Bond Positions Weight | (11.96) % |
About Locorr Macro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Locorr Macro Strategies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Locorr Macro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Locorr Macro Strategies based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Locorr Macro Strategies. 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 Macro Strategies information on this page should be used as a complementary analysis to other Locorr Macro'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 CEOs Directory module to screen CEOs from public companies around the world.