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GTENX
Mutual Fund ticker: NASDAQ
AS OF
Dec 18 closing price
Price
$46.40
Change
-$0.95 (-2.01%)
Net Assets
6.97B

GTENX Gateway N Forecast, Technical & Fundamental Analysis

Category Unknown
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), VISA (NYSE:V), JPMorgan Chase & Co (NYSE:JPM).

Industry description

The investment seeks to capture the majority of the returns associated with equity market investments, while exposing investors to less risk than other equity investments. The fund invests in a broadly diversified portfolio of common stocks, while also selling index call options and purchasing index put options. Writing index call options is intended to reduce the fund's volatility, provides steady cash flow and is an important source of the fund's return, although it also reduces the fund's ability to profit from increases in the value of its equity portfolio.

Market Cap

The average market capitalization across the Gateway N MF is 1.87T. The market cap for tickers in the group ranges from 573.02B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is JPM at 573.02B.

Volume

The average weekly volume growth across all stocks in the Gateway N MF was 37%. For the same stocks of the MF, the average monthly volume growth was -2% and the average quarterly volume growth was -38%

Fundamental Analysis Ratings

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

Valuation Rating: 82
P/E Growth Rating: 51
Price Growth Rating: 20
SMR Rating: 29
Profit Risk Rating: 11
Seasonality Score: 1 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Equity Hedged
Address
Gateway Trust399 BOYLSTON STREETBOSTON
Phone
617-449-2810
Web
NGAM.natixis.com
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GTENX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, GTENX has been closely correlated with GATEX. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if GTENX jumps, then GATEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GTENX
1D Price
Change %
GTENX100%
-0.19%
GATEX - GTENX
100%
Closely correlated
-0.21%
JHTGX - GTENX
94%
Closely correlated
-0.15%
JHTAX - GTENX
94%
Closely correlated
-0.15%
JHDCX - GTENX
89%
Closely correlated
-0.05%
JHQPX - GTENX
72%
Closely correlated
-0.03%
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