Locorr Spectrum Correlations

LSPAX Fund

USD 5.79 0.05 0.87%

The current 90-days correlation between Locorr Spectrum Income and Locorr Longshort Modities is 0.14 (i.e., Average diversification). The correlation of Locorr Spectrum 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 Spectrum Correlation With Market

Poor diversification

The correlation between Locorr Spectrum Income and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Locorr Spectrum Income 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 Spectrum Income. 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

0.87	LHEAX	Locorr Hedged Core	Pair Corr
0.87	LHEIX	Locorr Hedged Core	Pair Corr
0.92	LOTCX	Locorr Market Trend	Pair Corr
0.73	LOTAX	Locorr Market Trend	Pair Corr
0.73	LOTIX	Locorr Market Trend	Pair Corr
0.69	LSPCX	Locorr Spectrum Income	Pair Corr
0.66	LSPIX	Locorr Spectrum Income	Pair Corr
0.85	LEQCX	Locorr Dynamic Equity	Pair Corr
0.88	LEQAX	Locorr Dynamic Equity	Pair Corr
0.85	LEQIX	Locorr Dynamic Equity	Pair Corr
0.94	LFMCX	Locorr Macro Strategies	Pair Corr
0.73	LFMIX	Locorr Macro Strategies	Pair Corr
0.8	GWPCX	American Funds Growth	Pair Corr
0.68	GWPFX	American Funds Growth	Pair Corr
0.83	GWPAX	American Funds Growth	Pair Corr
0.8	CGRGX	American Funds Growth	Pair Corr
0.8	FPGGX	American Funds Growth	Pair Corr
0.69	FGPGX	American Funds Growth	Pair Corr
0.85	MUTHX	Franklin Mutual Shares	Pair Corr
0.64	TESRX	Franklin Mutual Shares	Pair Corr
0.8	CGQGX	American Funds Growth	Pair Corr
0.89	EKWDX	Wells Fargo Advantage	Pair Corr
0.89	PMPIX	Precious Metals Ultr Steady Growth	Pair Corr
0.91	PMPSX	Precious Metals Ultr Steady Growth	Pair Corr
0.71	APDTX	Artisan Thematic	Pair Corr
0.67	WBALX	Balanced Fund Balanced	Pair Corr
0.81	MCSSX	Mainstay Mon Stock	Pair Corr
0.75	RNGFX	New Economy Fund	Pair Corr
0.9	BSMIX	Blackrock Smallmid Cap	Pair Corr
0.82	FNJZX	Franklin New Jersey	Pair Corr
0.66	CVISX	Causeway International	Pair Corr
0.93	HLDCX	Hartford Emerging	Pair Corr
0.9	NMHYX	Multi Manager High	Pair Corr

Moving against Locorr Mutual Fund

0.62

CISGX

Touchstone Sands Capital

Pair Corr

Related Correlations Analysis

	LHEAX	LHEIX	LOTCX	LOTAX	LOTIX	LSPIX	LCSAX	LCSCX
LHEAX		1.0	0.84	0.71	0.71	0.6	0.76	0.74	LHEAX
LHEIX	1.0		0.84	0.71	0.72	0.61	0.76	0.74	LHEIX
LOTCX	0.84	0.84		0.86	0.87	0.75	0.48	0.45	LOTCX
LOTAX	0.71	0.71	0.86		1.0	0.96	0.4	0.38	LOTAX
LOTIX	0.71	0.72	0.87	1.0		0.97	0.4	0.38	LOTIX
LSPIX	0.6	0.61	0.75	0.96	0.97		0.31	0.3	LSPIX
LCSAX	0.76	0.76	0.48	0.4	0.4	0.31		1.0	LCSAX
LCSCX	0.74	0.74	0.45	0.38	0.38	0.3	1.0		LCSCX
	LHEAX	LHEIX	LOTCX	LOTAX	LOTIX	LSPIX	LCSAX	LCSCX

Risk-Adjusted Indicators

There is a big difference between Locorr Mutual Fund performing well and Locorr Spectrum 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 Spectrum'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
LHEAX	0.33	0.05	(0.03)	(0.71)	0.40	(0.36)	0.72	(0.63)	2.56
LHEIX	0.32	0.05	(0.03)	(0.70)	0.36	(0.40)	0.72	(0.72)	2.56
LOTCX	0.72	0.06	0.05	0.15	0.83	(0.74)	1.42	(1.19)	4.19
LOTAX	0.70	0.10	0.08	0.22	0.78	(0.74)	1.39	(1.18)	4.17
LOTIX	0.71	0.11	0.09	0.23	0.81	(0.75)	1.39	(1.18)	4.25
LSPIX	0.46	0.14	0.13	0.56	0.43	(0.55)	0.95	(0.75)	3.04
LCSAX	0.42	0.01	(0.06)	0.23	0.66	(0.41)	0.94	(0.93)	4.23
LCSCX	0.42	0.01	(0.06)	0.17	0.64	(0.43)	0.88	(0.97)	4.14

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC