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ADOAX
Mutual Fund ticker: NASDAQ
AS OF
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Price
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Change
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Net Assets
66.64M

ADOAX Axs Dynamic Opportunity A Forecast, Technical & Fundamental Analysis

Category LongShort
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA).

Industry description

The investment seeks long-term capital appreciation with a short-term focus on capital preservation. To pursue its investment objective, the fund invests in domestic and foreign (including emerging markets) equity securities of any market capitalization. It may also take long or short positions in index exchange traded funds ("ETFs") to hedge the fund's equity portfolio. The fund's adviser selects equity securities for the fund that are experiencing meaningful breakouts.

Market Cap

The average market capitalization across the Axs Dynamic Opportunity A MF is 732.14B. The market cap for tickers in the group ranges from 26.98B to 2.96T. AAPL holds the highest valuation in this group at 2.96T. The lowest valued company is PWR at 26.98B.

Volume

The average weekly volume growth across all stocks in the Axs Dynamic Opportunity A MF was 15%. For the same stocks of the MF, the average monthly volume growth was 4% and the average quarterly volume growth was -4%

Fundamental Analysis Ratings

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

Valuation Rating: 74
P/E Growth Rating: 46
Price Growth Rating: 36
SMR Rating: 43
Profit Risk Rating: 31
Seasonality Score: 6 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
Northern Lights Fund Trust III17605 WRIGHT STREETOmaha
Phone
631-470-2621
Web
www.thecoveredbridgefund.com
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ADOAX and

Correlation & Price change

A.I.dvisor indicates that over the last year, ADOAX has been closely correlated with NLSIX. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if ADOAX jumps, then NLSIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ADOAX
1D Price
Change %
ADOAX100%
-0.06%
NLSIX - ADOAX
73%
Closely correlated
N/A
NLSAX - ADOAX
72%
Closely correlated
N/A
NLSCX - ADOAX
71%
Closely correlated
N/A
DHLSX - ADOAX
70%
Closely correlated
+0.44%
DIAMX - ADOAX
42%
Loosely correlated
+0.46%
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