Industry description
The investment seeks to achieve long-term growth of capital.
The fund will pursue its investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, parents of any such companies, and publicly traded shareholder activist holding companies which, by way of their shareholder ownership in other companies, have caused such other companies to undergo spin-offs and other forms of corporate restructurings. It may invest in any size company, including small- and medium-sized companies. The fund is non-diversified.
Market Cap
The average market capitalization across the Kinetics Spin-Off and Corp Rest Adv A MF is 4.81B. The market cap for tickers in the group ranges from 396.38M to 15.22B. FWONA holds the highest valuation in this group at 15.22B. The lowest valued company is CVEO at 396.38M.
Volume
The average weekly volume growth across all stocks in the Kinetics Spin-Off and Corp Rest Adv A MF was 47%. For the same stocks of the MF, the average monthly volume growth was 84% and the average quarterly volume growth was 56%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 35
Price Growth Rating: 46
SMR Rating: 56
Profit Risk Rating: 40
Seasonality Score: 37 (-100 ... +100)