Notable companies
The most notable companies in this group are Activision Blizzard (NASDAQ:ATVI), VMware (NASDAQ:VMW).
Industry description
The investment seeks to achieve positive risk-adjusted returns with less volatility than in the equity markets.
Under normal market conditions, the fund will invest primarily in equity securities and related derivatives of U.S. and foreign companies that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. The fund may have significant exposure to one or more economic sectors of the market. The fund may invest without limitation in securities of foreign companies. The fund is non-diversified.
Market Cap
The average market capitalization across the AXS Merger Fd Investor MF is 47.89B. The market cap for tickers in the group ranges from 3.5B to 74.29B. ATVI holds the highest valuation in this group at 74.29B. The lowest valued company is FOCS at 3.5B.
Volume
The average weekly volume growth across all stocks in the AXS Merger Fd Investor MF was -23%. For the same stocks of the MF, the average monthly volume growth was 2% and the average quarterly volume growth was 242%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 47
Price Growth Rating: 51
SMR Rating: 11
Profit Risk Rating: 64
Seasonality Score: 3 (-100 ... +100)