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AEDFX Water Island Event-Driven Fund R Forecast, Technical & Fundamental Analysis

The investment seeks to achieve capital growth... Show more

Category: #Trading
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Electronic Arts (NASDAQ:EA).

Industry description

The investment seeks to achieve capital growth. The fund invests in equity and debt and debt-like instruments (including high yield bonds commonly known as "junk bonds") of companies whose prices the fund's investment adviser believes are or will be impacted by a corporate event. Specifically, the fund employs investment strategies designed to capture price movements generated by corporate events such as mergers, acquisitions, asset sales, restructurings, refinancings, recapitalizations, reorganizations or other special situations (referred to as "event-driven opportunities"). It is non-diversified.

Market Cap

The average market capitalization across the Water Island Event-Driven Fund R MF is 20.56B. The market cap for tickers in the group ranges from 2.28B to 71.58B. WBD holds the highest valuation in this group at 71.58B. The lowest valued company is RAMP at 2.28B.

Volume

The average weekly volume growth across all stocks in the Water Island Event-Driven Fund R MF was 1%. For the same stocks of the MF, the average monthly volume growth was -22% and the average quarterly volume growth was -46%

Fundamental Analysis Ratings

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

Valuation Rating: 76
P/E Growth Rating: 45
Price Growth Rating: 46
SMR Rating: 79
Profit Risk Rating: 89
Seasonality Score: 29 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Details
Category
Event Driven
Address
Arbitrage FundsC/O Sei Global Funds Services 1 Freedom Valley DriveOaks
Phone
N/A
Web
www.thearbfund.com
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AEDFX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, AEDFX has been closely correlated with AEDNX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if AEDFX jumps, then AEDNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AEDFX
1D Price
Change %
AEDFX100%
+0.23%
AEDNX - AEDFX
97%
Closely correlated
+0.22%
BILPX - AEDFX
43%
Loosely correlated
+0.19%
GADVX - AEDFX
42%
Loosely correlated
+0.44%
BCLPX - AEDFX
42%
Loosely correlated
+0.23%
BALPX - AEDFX
41%
Loosely correlated
+0.20%
More
Water Island Event-Driven Fund R (AEDFX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com