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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.

Market Cap

The average market capitalization across the AQR Diversified Arbitrage N MF is 35.76B. The market cap for tickers in the group ranges from 8.43B to 8.43B. QRVO holds the highest valuation in this group at 8.43B. The lowest valued company is QRVO at 8.43B.

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
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 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.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ADANX
1D Price
Change %
ADANX100%
+0.15%
QDARX - ADANX
96%
Closely correlated
+0.08%
ADAIX - ADANX
94%
Closely correlated
+0.15%
MMNIX - ADANX
43%
Loosely correlated
N/A
CVSOX - ADANX
32%
Poorly correlated
+0.06%
CVSCX - ADANX
26%
Poorly correlated
+0.06%
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AQR Diversified Arbitrage N (ADANX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com