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IVOSX Nomura Mid Cap Income Opps R6 Forecast, Technical & Fundamental Analysis

The investment seeks to provide total return through a combination of current income and capital appreciation... Show more

Category: #Mid-Cap Blend
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Seagate Technology Holdings PLC (NASDAQ:STX), SLB Limited (NYSE:SLB), Microchip Technology (NASDAQ:MCHP), NetApp (NASDAQ:NTAP).

Industry description

The investment seeks to provide total return through a combination of current income and capital appreciation. The fund seeks to achieve its objective by investing primarily in a diversified portfolio of income-producing common stocks of mid-capitalization companies that the manager believes demonstrate favorable prospects for total return. It invests at least 80% of its net assets in the securities of mid-capitalization companies which for purposes of this fund typically are companies with market capitalizations similar to those of issuers included in the Russell Midcap® Index over the last 13 months at the time of acquisition.

Market Cap

The average market capitalization across the Nomura Mid Cap Income Opps R6 MF is 43.81B. The market cap for tickers in the group ranges from 7.54B to 220.62B. STX holds the highest valuation in this group at 220.62B. The lowest valued company is FAF at 7.54B.

Volume

The average weekly volume growth across all stocks in the Nomura Mid Cap Income Opps R6 MF was -16%. For the same stocks of the MF, the average monthly volume growth was -1% and the average quarterly volume growth was -33%

Fundamental Analysis Ratings

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

Valuation Rating: 52
P/E Growth Rating: 44
Price Growth Rating: 36
SMR Rating: 41
Profit Risk Rating: 45
Seasonality Score: -36 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category MidCapBlend

Profile
Details
Category
Mid-Cap Blend
Address
Ivy Funds Inc6300 Lamar AveOverland Park
Phone
N/A
Web
www.ivyinvestments.com
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IVOSX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, IVOSX has been closely correlated with JVMRX. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if IVOSX jumps, then JVMRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IVOSX
1D Price
Change %
IVOSX100%
+0.21%
JVMRX - IVOSX
92%
Closely correlated
+0.12%
MVCAX - IVOSX
90%
Closely correlated
+0.08%
VEVYX - IVOSX
83%
Closely correlated
+0.29%
VMVIX - IVOSX
78%
Closely correlated
+0.36%
JVMSX - IVOSX
67%
Closely correlated
+0.09%
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