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GTAPX Glenmede Quant US Long/Short Equity Forecast, Technical & Fundamental Analysis

Category LongShort
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Boeing Company (NYSE:BA), Centene Corp (NYSE:CNC).

Industry description

The investment seeks absolute return consistent with reasonable risk to principal. The fund normally invests at least 80% of the value of its net assets (including borrowings for investment purposes) in long and short positions with respect to equity securities, such as common stocks, of public companies tied economically to the U.S. It will invest in companies with market capitalizations, at the time of purchase, that are within the market capitalization range of any stock in the Russell 3000® Index.

Market Cap

The average market capitalization across the Glenmede Quant US Long/Short Equity MF is 28.35B. The market cap for tickers in the group ranges from 4.12B to 108.53B. BA holds the highest valuation in this group at 108.53B. The lowest valued company is RUSHA at 4.12B.

Volume

The average weekly volume growth across all stocks in the Glenmede Quant US Long/Short Equity MF was 4%. For the same stocks of the MF, the average monthly volume growth was 32% and the average quarterly volume growth was 40%

Fundamental Analysis Ratings

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

Valuation Rating: 54
P/E Growth Rating: 45
Price Growth Rating: 45
SMR Rating: 42
Profit Risk Rating: 36
Seasonality Score: 27 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
Glenmede Fund IncOne Liberty Place, 1650 Market Street Ste 1200Philadelphia
Phone
N/A
Web
www.glenmede.com
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GTAPX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, GTAPX has been loosely correlated with DHLSX. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if GTAPX jumps, then DHLSX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GTAPX
1D Price
Change %
GTAPX100%
+0.27%
DHLSX - GTAPX
64%
Loosely correlated
-0.27%
QLENX - GTAPX
34%
Loosely correlated
+0.31%
QLERX - GTAPX
34%
Loosely correlated
+0.30%
DIAMX - GTAPX
25%
Poorly correlated
-0.28%
DIAYX - GTAPX
25%
Poorly correlated
-0.27%
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