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FTMAX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$23.98
Change
+$0.06 (+0.25%)
Net Assets
679.59M

FTMAX First Trust Multi-Strategy Cl A Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Alteryx (null:AYX).

Industry description

The investment seeks long-term capital appreciation by pursuing positive absolute returns across market cycles; the fund seeks to generate attractive long-term returns with low sensitivity to traditional equity and fixed-income indices. The Adviser delegates the management of a portion of fund assets to a group of experienced investment managers that utilize a variety of investment strategies and styles. The fund may invest up to 85% of its net assets in derivatives including structured products, options, futures, forward currency contracts and swaps, including credit-default swaps.

Market Cap

The average market capitalization across the First Trust Multi-Strategy Cl A MF is 125.06B. The market cap for tickers in the group ranges from 3.53B to 5.84B. SRC holds the highest valuation in this group at 5.84B. The lowest valued company is AYX at 3.53B.

Volume

The average weekly volume growth across all stocks in the First Trust Multi-Strategy Cl A MF was -3%. For the same stocks of the MF, the average monthly volume growth was 4% and the average quarterly volume growth was -8%

Fundamental Analysis Ratings

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

Valuation Rating: 88
P/E Growth Rating: 16
Price Growth Rating: 44
SMR Rating: 80
Profit Risk Rating: 47
Seasonality Score: -15 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Multistrategy
Address
Investment Managers Series Trust II803 West Michigan StreetMilwaukee
Phone
(414) 299-2295
Web
N/A
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FTMAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FTMAX has been loosely correlated with GARTX. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if FTMAX jumps, then GARTX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FTMAX
1D Price
Change %
FTMAX100%
+0.25%
GARTX - FTMAX
56%
Loosely correlated
+0.42%
BXMIX - FTMAX
31%
Poorly correlated
+0.09%
GSGPX - FTMAX
30%
Poorly correlated
+0.40%
GSRTX - FTMAX
25%
Poorly correlated
+0.40%
GJRTX - FTMAX
25%
Poorly correlated
+0.40%
More