ADANX AQR Diversified Arbitrage N Forecast, Technical & Fundamental Analysis

The investment seeks long-term absolute (positive) returns... Show more

Category: #Trading

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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 U.S. 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

Details

	1 Day
LIVE	10.98	0.21	+1.95%
Live Ventures
NOV	18.75	0.07	+0.37%
NOV
TRIP	12.39	0.03	+0.24%
TripAdvisor
LIN	512.26	-4.45	-0.86%
Linde plc
ZUMZ	18.00	-0.20	-1.10%
Zumiez

ADANX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ADANX has been closely correlated with QDARX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if ADANX jumps, then QDARX could also see price increases.

Ticker / NAME	Correlation To ADANX	1D Price Change %
ADANX	100%	N/A
QDARX - ADANX	96% Closely correlated	N/A
ADAIX - ADANX	94% Closely correlated	N/A
MMNIX - ADANX	43% Loosely correlated	N/A
CVSOX - ADANX	30% Poorly correlated	-0.06%
CVSCX - ADANX	24% Poorly correlated	-0.06%
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