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ASLAX AB Select US Long/Short A Forecast, Technical & Fundamental Analysis

Category LongShort
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), JPMorgan Chase & Co (NYSE:JPM), Goldman Sachs Group (NYSE:GS).

Industry description

The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund may invest in non-U.S. companies, but currently intends to limit its investments in such companies to no more than 10% of its net assets.

Market Cap

The average market capitalization across the AB Select US Long/Short A MF is 1.91T. The market cap for tickers in the group ranges from 134.2B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is GS at 134.2B.

Volume

The average weekly volume growth across all stocks in the AB Select US Long/Short A MF was 53%. For the same stocks of the MF, the average monthly volume growth was 27% 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: 81
P/E Growth Rating: 67
Price Growth Rating: 30
SMR Rating: 19
Profit Risk Rating: 14
Seasonality Score: 4 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
Alliancebernstein Cap Fund,inc1345 Avenue Of The AmericasNew York
Phone
N/A
Web
www.abglobal.com
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ASLAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ASLAX has been closely correlated with NLSCX. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if ASLAX jumps, then NLSCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ASLAX
1D Price
Change %
ASLAX100%
-0.90%
NLSCX - ASLAX
82%
Closely correlated
-0.62%
REMIX - ASLAX
78%
Closely correlated
-0.93%
DHLSX - ASLAX
75%
Closely correlated
-0.34%
GARIX - ASLAX
71%
Closely correlated
-0.91%
DIAYX - ASLAX
67%
Closely correlated
-0.33%
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