Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Chevron Corp (NYSE:CVX), International Business Machines Corp (NYSE:IBM), Citigroup (NYSE:C), American International Group (NYSE:AIG).
Industry description
The investment seeks to provide long-term capital appreciation.
The fund invests its assets in U.S. equity securities of any size capitalization that the Adviser believes are undervalued and selling short U.S. equity securities of any size capitalization the Adviser believes are overvalued. The Adviser focuses on estimating a company's value independent of its current stock price. The fund also will sell securities short. Short sales are effected when it is believed that the price of a particular security will decline, and involves the sale of a security which the fund does not own in hopes of purchasing the same security at a later date at a lower price.
Market Cap
The average market capitalization across the Diamond Hill Long-Short I MF is 796.17B. The market cap for tickers in the group ranges from 53.23B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is AIG at 53.23B.
Volume
The average weekly volume growth across all stocks in the Diamond Hill Long-Short I MF was -69%. For the same stocks of the MF, the average monthly volume growth was -66% and the average quarterly volume growth was -47%
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: 43
Price Growth Rating: 44
SMR Rating: 41
Profit Risk Rating: 24
Seasonality Score: 15 (-100 ... +100)