Notable companies
The most notable companies in this group are Costco Wholesale Corp (NASDAQ:COST), Cigna Group (The) (NYSE:CI), CVS HEALTH Corp (NYSE:CVS), Incyte Corp (NASDAQ:INCY).
Industry description
The investment seeks long-term growth of capital independent of stock market direction.
The fund seeks to achieve its investment objective by balancing “long” and “short” positions. To do this, the fund will buy (take long positions in) equity securities of U.S. companies that the fund’s advisor, AXS Investments LLC (the “Advisor”) believes are undervalued and more likely to appreciate and, at the same time, borrow and then sell (take short positions in) equity securities of U.S. companies that the Advisor believes are likely to underperform the long positions over time.
Market Cap
The average market capitalization across the AXS Market Neutral Instl MF is 86.27B. The market cap for tickers in the group ranges from 13.36B to 411.21B. COST holds the highest valuation in this group at 411.21B. The lowest valued company is SJM at 13.36B.
Volume
The average weekly volume growth across all stocks in the AXS Market Neutral Instl MF was 12%. For the same stocks of the MF, the average monthly volume growth was -15% 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: 63
P/E Growth Rating: 36
Price Growth Rating: 46
SMR Rating: 56
Profit Risk Rating: 53
Seasonality Score: 45 (-100 ... +100)