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EVDIX
Mutual Fund ticker: NASDAQ
AS OF
Dec 17 closing price
Price
$20.97
Change
-$0.07 (-0.33%)
Net Assets
91.78M

EVDIX Camelot Event Driven Institutional Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Colgate-Palmolive Company (NYSE:CL), MARATHON PETROLEUM Corp (NYSE:MPC), Suncor Energy (NYSE:SU), Illumina (NASDAQ:ILMN).

Industry description

The investment seeks to provide long-term growth of capital. To achieve the fund's investment objective, the adviser invests in the securities of publicly traded companies involved in mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations, or similar events ("corporate reorganizations"). A variety of strategies can be employed to capitalize on the mispricing of corporate securities during corporate reorganizations, including transactions involving common and preferred stock, debt instruments and derivative securities.

Market Cap

The average market capitalization across the Camelot Event Driven Institutional MF is 43.69B. The market cap for tickers in the group ranges from 13.36B to 116.14B. FI holds the highest valuation in this group at 116.14B. The lowest valued company is SJM at 13.36B.

Volume

The average weekly volume growth across all stocks in the Camelot Event Driven Institutional MF was 6%. For the same stocks of the MF, the average monthly volume growth was -21% and the average quarterly volume growth was 5%

Fundamental Analysis Ratings

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

Valuation Rating: 55
P/E Growth Rating: 35
Price Growth Rating: 49
SMR Rating: 66
Profit Risk Rating: 53
Seasonality Score: 28 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Event Driven
Address
Frank Funds6 Stacy CTParsippany
Phone
800-869-1679
Web
www.frankfunds.com
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EVDIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, EVDIX has been loosely correlated with MERIX. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if EVDIX jumps, then MERIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EVDIX
1D Price
Change %
EVDIX100%
-0.33%
MERIX - EVDIX
48%
Loosely correlated
N/A
MERFX - EVDIX
46%
Loosely correlated
N/A
GADVX - EVDIX
28%
Poorly correlated
-0.09%
AEDNX - EVDIX
19%
Poorly correlated
-0.17%
VARBX - EVDIX
16%
Poorly correlated
-0.09%
More