Overview of Closed-End Investment Theme
Swing Trader, Long Only: Valuation & Efficiency Model (TA&FA) Annualized Return +29%
Swing Trader, Long Only: Growth Model (Diversified) Annualized Return +13%
Theme Closed-End Investment +3.33%, 1 Month Change
Introduction to Closed-End Investment Funds
Closed-end investment funds (CEFs) are unique mutual funds that are traded on an exchange, unlike traditional open-ended funds that are managed through the mutual fund investment company. CEFs differ from open-ended funds as they can be bought or sold during market hours, and they have the flexibility to invest in various sectors, industries, or bond groups, making them versatile investment vehicles.
Theme: Closed-End Investment
1 Month Change: +3.33%
Description of Selected Tickers
1. $MVO (Mid-Con Energy Partners)
2. $HRZN (Horizon Technology Finance)
3. $BCSF (Bain Capital Specialty Finance)
Average Market Capitalization: Across the closed-end investment theme, the average market cap is 327.8M, with values ranging from 53.2M to 52.5B.
Fundamental Analysis Ratings:
The closed-end investment theme provides a versatile and appealing investment avenue, capable of exposing investors to a variety of sectors and industries. Despite the short-term fluctuations and the declines in some tickers, the theme has exhibited positive monthly growth, reflecting the potential for investors who understand the particular dynamics of CEFs. The analysis of the three specific tickers, $MVO, $HRZN, and $BCSF, highlights varied performances and prospects within the theme, offering diverse opportunities for investment strategies.
The 50-day moving average for MVO moved above the 200-day moving average on August 22, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
The Momentum Indicator moved above the 0 level on September 07, 2023. You may want to consider a long position or call options on MVO as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MVO just turned positive on August 29, 2023. Looking at past instances where MVO's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
MVO moved above its 50-day moving average on August 25, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MVO advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 262 cases where MVO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for MVO moved out of overbought territory on September 20, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MVO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MVO broke above its upper Bollinger Band on September 12, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (24.450) is normal, around the industry mean (6.197). P/E Ratio (6.333) is within average values for comparable stocks, (16.491). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.534). Dividend Yield (0.130) settles around the average of (0.125) among similar stocks. P/S Ratio (5.889) is also within normal values, averaging (120.438).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MVO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a closed-end investment trust
A.I.dvisor indicates that over the last year, MVO has been loosely correlated with COP. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if MVO jumps, then COP could also see price increases.