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KARIX Kayne Anderson Renewable Infras I Forecast, Technical & Fundamental Analysis

Category Industrials
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE).

Industry description

The investment seeks total return through a combination of current income and capital appreciation. The fund, under normal market conditions, invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of renewable infrastructure companies that are involved in business activities related to renewable energy production, storage and transmission. Its investments in renewable infrastructure companies will typically be in the form of common stocks, but may also include preferred stocks. The fund may also invest in shares of companies through "new issues" or initial public offerings. It is non-diversified.

Market Cap

The average market capitalization across the Kayne Anderson Renewable Infras I MF is 32.39B. The market cap for tickers in the group ranges from 2.17B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is AY at 2.17B.

Volume

The average weekly volume growth across all stocks in the Kayne Anderson Renewable Infras I MF was -8%. For the same stocks of the MF, the average monthly volume growth was 81% and the average quarterly volume growth was -1%

Fundamental Analysis Ratings

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

Valuation Rating: 41
P/E Growth Rating: 70
Price Growth Rating: 30
SMR Rating: 63
Profit Risk Rating: 50
Seasonality Score: -52 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Industrials

Profile
Fundamentals
Details
Category
Infrastructure
Address
Series Portfolios Trust615 East Michigan StreetMilwaukee
Phone
(414) 765-6620
Web
N/A
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KARIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, KARIX has been loosely correlated with VCRAX. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if KARIX jumps, then VCRAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To KARIX
1D Price
Change %
KARIX100%
-0.51%
VCRAX - KARIX
60%
Loosely correlated
-0.58%
VCRQX - KARIX
59%
Loosely correlated
-0.58%
VCRVX - KARIX
58%
Loosely correlated
-0.58%
VCRIX - KARIX
55%
Loosely correlated
-0.58%
TOLSX - KARIX
54%
Loosely correlated
-0.78%
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