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ARBOX Absolute Convertible Arbitrage Inv Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Industry description

The investment seeks to achieve positive absolute returns over the long-term with low volatility when compared to traditional market indices. The fund invests primarily in a diversified portfolio of convertible securities issued by both U.S. and foreign companies. These convertible securities are typically debt securities or preferred stocks that can be exchanged for, or convert automatically to, common stock.

Volume

The average weekly volume growth across all stocks in the Absolute Convertible Arbitrage Inv MF was 13%. For the same stocks of the MF, the average monthly volume growth was -66% 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: 79
P/E Growth Rating: 66
Price Growth Rating: 52
SMR Rating: 63
Profit Risk Rating: 34
Seasonality Score: 0 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Relative Value Arbitrage
Address
Forum Funds (Absolute)P.O. Box 588Portland
Phone
888-992-2765
Web
www.absoluteadvisers.com
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ARBOX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ARBOX has been closely correlated with ARBIX. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if ARBOX jumps, then ARBIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ARBOX
1D Price
Change %
ARBOX100%
+0.09%
ARBIX - ARBOX
71%
Closely correlated
N/A
PSCIX - ARBOX
24%
Poorly correlated
N/A
PSCAX - ARBOX
23%
Poorly correlated
+0.10%
SSIJX - ARBOX
17%
Poorly correlated
+0.10%
QDARX - ARBOX
9%
Poorly correlated
+0.08%
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