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CDAZX
Mutual Fund ticker: NASDAQ
AS OF
Dec 17 closing price
Price
$7.45
Change
-$0.83 (-10.02%)
Net Assets
279.52M

CDAZX Multi-Manager Directional Alt Strat Inst Forecast, Technical & Fundamental Analysis

Category LongShort
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Alphabet (NASDAQ:GOOGL), Broadcom Inc. (NASDAQ:AVGO), JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), Bristol-Myers Squibb Co (NYSE:BMY), CVS HEALTH Corp (NYSE:CVS).

Industry description

The investment seeks capital appreciation. The fund pursues its investment objective by allocating the fund's assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental (bottom-up), macroeconomic (top-down), and/or quantitative methods or models, across different markets. It may invest in foreign and domestic equity securities, and debt instruments, as well as derivative instruments, and exchange-traded funds (ETFs) and other investment companies.

Market Cap

The average market capitalization across the Multi-Manager Directional Alt Strat Inst MF is 512.86B. The market cap for tickers in the group ranges from 14.96B to 1.94T. GOOGL holds the highest valuation in this group at 1.94T. The lowest valued company is JBL at 14.96B.

Volume

The average weekly volume growth across all stocks in the Multi-Manager Directional Alt Strat Inst MF was 43%. For the same stocks of the MF, the average monthly volume growth was 45% and the average quarterly volume growth was 28%

Fundamental Analysis Ratings

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

Valuation Rating: 53
P/E Growth Rating: 53
Price Growth Rating: 35
SMR Rating: 42
Profit Risk Rating: 44
Seasonality Score: 33 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
Columbia Funds Series Trust IOne Financial CenterBoston
Phone
N/A
Web
www.columbiathreadneedleus.com
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CDAZX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, CDAZX has been closely correlated with DIAYX. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDAZX jumps, then DIAYX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CDAZX
1D Price
Change %
CDAZX100%
-6.77%
DIAYX - CDAZX
77%
Closely correlated
-0.25%
DIAMX - CDAZX
77%
Closely correlated
-0.26%
REMIX - CDAZX
64%
Loosely correlated
-0.06%
GARIX - CDAZX
61%
Loosely correlated
-0.46%
DHLSX - CDAZX
49%
Loosely correlated
-0.25%
More