Locorr Macro Correlations

LFMAX Fund

USD 7.58 0.03 0.39%

The current 90-days correlation between Locorr Macro Strategies and Pimco Inflation Response is -0.13 (i.e., Good diversification). The correlation of Locorr Macro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Locorr Macro Correlation With Market

Good diversification

The correlation between Locorr Macro Strategies and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Locorr Macro Strategies and DJI in the same portfolio, assuming nothing else is changed.

Check 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 closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Locorr Mutual Fund

0.81	LHEAX	Locorr Hedged Core	Pair Corr
0.82	LHEIX	Locorr Hedged Core	Pair Corr
0.65	LOTAX	Locorr Market Trend	Pair Corr
0.74	LSPCX	Locorr Spectrum Income	Pair Corr
0.79	LEQCX	Locorr Dynamic Equity	Pair Corr
0.79	LEQAX	Locorr Dynamic Equity	Pair Corr
0.79	LEQIX	Locorr Dynamic Equity	Pair Corr
0.88	LFMCX	Locorr Macro Strategies	Pair Corr
0.7	SMPIX	Semiconductor Ultrasector Steady Growth	Pair Corr
0.68	SMPSX	Semiconductor Ultrasector Steady Growth	Pair Corr
0.75	TTEEX	T Rowe Price	Pair Corr
0.76	TREMX	T Rowe Price	Pair Corr
0.69	FIKGX	Fidelity Advisor Sem	Pair Corr
0.74	ONERX	One Rock Fund Steady Growth	Pair Corr
0.7	FELCX	Fidelity Advisor Sem	Pair Corr
0.7	FELIX	Fidelity Advisor Sem	Pair Corr
0.7	FSELX	Fidelity Select Semi	Pair Corr
0.69	FELAX	Fidelity Advisor Sem	Pair Corr
0.67	BTFRX	Bts Tactical Fixed	Pair Corr
0.72	BGKEX	Emerging Markets	Pair Corr
0.72	JRLVX	Retirement Living Through	Pair Corr
0.63	NILTX	Neuberger Berman Int	Pair Corr
0.72	SDYAX	Simt Dynamic Asset	Pair Corr

Moving against Locorr Mutual Fund

0.33

ABYAX

Abbey Capital Futures

Pair Corr

Related Correlations Analysis

	PFRMX	ABNOX	ABNZX	WAFAX	ATACX	TIIHX	ABNAX	ANBIX
PFRMX		0.85	0.88	0.87	0.85	0.85	0.89	0.88	PFRMX
ABNOX	0.85		0.94	0.92	0.74	0.94	0.94	0.95	ABNOX
ABNZX	0.88	0.94		0.97	0.74	0.99	0.99	1.0	ABNZX
WAFAX	0.87	0.92	0.97		0.7	0.98	0.98	0.97	WAFAX
ATACX	0.85	0.74	0.74	0.7		0.69	0.72	0.74	ATACX
TIIHX	0.85	0.94	0.99	0.98	0.69		0.99	0.99	TIIHX
ABNAX	0.89	0.94	0.99	0.98	0.72	0.99		0.99	ABNAX
ANBIX	0.88	0.95	1.0	0.97	0.74	0.99	0.99		ANBIX
	PFRMX	ABNOX	ABNZX	WAFAX	ATACX	TIIHX	ABNAX	ANBIX

Click cells to compare fundamentals

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Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Locorr Mutual Fund performing well and Locorr Macro Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Locorr Macro's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PFRMX	0.27	0.09	(0.13)	(2.87)	0.00	(0.34)	0.71	(0.47)	1.67
ABNOX	0.14	0.03	(0.40)	(2.11)	0.00	(0.15)	0.29	(0.29)	0.98
ABNZX	0.15	0.04	(0.38)	(5.56)	0.00	(0.19)	0.39	(0.29)	1.28
WAFAX	0.23	0.04	(0.27)	(7.49)	0.19	(0.26)	0.44	(0.54)	1.64
ATACX	1.05	0.32	0.11	(1.50)	1.16	(1.13)	2.49	(2.09)	8.56
TIIHX	0.17	0.03	(0.36)	(3.28)	0.09	(0.19)	0.37	(0.37)	1.32
ABNAX	0.15	0.04	(0.32)	(21.98)	0.00	(0.20)	0.29	(0.38)	1.25
ANBIX	0.15	0.04	(0.36)	(1.84)	0.00	(0.18)	0.38	(0.29)	1.17

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