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ADANX AQR Diversified Arbitrage N Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Industry description

The investment seeks long-term absolute (positive) returns. The fund seeks to outperform, after expenses, the ICE BofA US 3-Month Treasury Bill Index while seeking to control its tracking risk relative to this benchmark. It invests in a diversified portfolio of instruments, including equities, convertible securities, debt securities, loans, rights, warrants, options, swaps, futures contracts, forwards or other types of derivative instruments.

Volume

The average weekly volume growth across all stocks in the AQR Diversified Arbitrage N MF was 4%. For the same stocks of the MF, the average monthly volume growth was 8% and the average quarterly volume growth was 22%

Fundamental Analysis Ratings

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

Valuation Rating: 46
P/E Growth Rating: 44
Price Growth Rating: 51
SMR Rating: 65
Profit Risk Rating: 72
Seasonality Score: 52 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Relative Value Arbitrage
Address
AQR FundsTwo Greewich Plaza,3rd FloorGreenwich
Phone
203-742-3600
Web
www.aqrfunds.com
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ADANX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ADANX has been closely correlated with ADAIX. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if ADANX jumps, then ADAIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ADANX
1D Price
Change %
ADANX100%
+0.08%
ADAIX - ADANX
90%
Closely correlated
+0.08%
QDARX - ADANX
89%
Closely correlated
N/A
PSCIX - ADANX
30%
Poorly correlated
+0.10%
SSIJX - ADANX
29%
Poorly correlated
+0.10%
PSCAX - ADANX
27%
Poorly correlated
N/A
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