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LSPAX LoCorr Spectrum Income A Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Barrick Gold Corp (NYSE:GOLD), Ares Capital Corp (NASDAQ:ARCC), Annaly Capital Management (NYSE:NLY).

Industry description

The investment seeks current income with capital appreciation as a secondary objective. The fund seeks to achieve its investment objectives by allocating its assets primarily among income-producing securities using an "Income" Strategy. The Income strategy employed by the fund's sub-adviser attempts to produce current income and capital appreciation. The composition of the portfolio will vary over time according to the sub-adviser's evaluation of economic and market conditions, including prospects for growth and inflation, as they affect the potential returns from different classes of securities.

Market Cap

The average market capitalization across the LoCorr Spectrum Income A MF is 22B. The market cap for tickers in the group ranges from 1.55B to 63.68B. EPD holds the highest valuation in this group at 63.68B. The lowest valued company is OCSL at 1.55B.

Volume

The average weekly volume growth across all stocks in the LoCorr Spectrum Income A MF was 36%. For the same stocks of the MF, the average monthly volume growth was -16% and the average quarterly volume growth was 33%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 20
P/E Growth Rating: 56
Price Growth Rating: 51
SMR Rating: 48
Profit Risk Rating: 47
Seasonality Score: -13 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category AggressiveAllocation

Profile
Fundamentals
Details
Category
Aggressive Allocation
Address
LoCorr Investment Trust261 School Avenue, 4th FloorExcelsior
Phone
952.767.2920
Web
www.LoCorrFunds.com
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LSPAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, LSPAX has been closely correlated with ONAIX. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if LSPAX jumps, then ONAIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LSPAX
1D Price
Change %
LSPAX100%
-0.18%
ONAIX - LSPAX
69%
Closely correlated
-0.20%
PXGGX - LSPAX
69%
Closely correlated
-0.20%
OYAIX - LSPAX
69%
Closely correlated
-0.20%
PXQIX - LSPAX
68%
Closely correlated
-0.20%
OCAIX - LSPAX
68%
Closely correlated
-0.21%
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