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MERIX The Merger Fund I Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Splunk (NASDAQ:SPLK), Capri Holdings Limited (NYSE:CPRI).

Industry description

The investment seeks capital growth by engaging in merger arbitrage. Under normal market conditions, the fund invests at least 80% of its total assets principally in the common stock, preferred stock and, occasionally, warrants of companies which are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Merger arbitrage is a highly specialized investment approach generally designed to profit from the successful completion of such transactions.

Market Cap

The average market capitalization across the The Merger Fund I MF is 16.97B. The market cap for tickers in the group ranges from 3.02B to 61.67B. PXD holds the highest valuation in this group at 61.67B. The lowest valued company is AMED at 3.02B.

Volume

The average weekly volume growth across all stocks in the The Merger Fund I MF was -15%. For the same stocks of the MF, the average monthly volume growth was -3% and the average quarterly volume growth was 146%

Fundamental Analysis Ratings

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

Valuation Rating: 77
P/E Growth Rating: 64
Price Growth Rating: 59
SMR Rating: 72
Profit Risk Rating: 64
Seasonality Score: 1 (-100 ... +100)
View a ticker or compare two or three
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Event Driven
Address
Merger Fund100 Summit Lake DriveValhalla
Phone
(800) 343-8959
Web
www.mergerfund.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
GAGEX24.48-0.06
-0.24%
Guinness Atkinson Global Energy
LIORX10.44-0.04
-0.38%
ClearBridge International Value R
FIVUX39.65-0.17
-0.43%
Delaware Opportunity Instl
IVIFX17.78-0.14
-0.78%
Delaware Ivy International Core Eq C
CLWFX78.28-1.77
-2.21%
Columbia Large Cap Growth Inst2

MERIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MERIX has been closely correlated with MERFX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if MERIX jumps, then MERFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MERIX
1D Price
Change %
MERIX100%
-0.17%
MERFX - MERIX
99%
Closely correlated
-0.17%
WCEIX - MERIX
87%
Closely correlated
-0.18%
WCERX - MERIX
86%
Closely correlated
-0.18%
CMRAX - MERIX
65%
Loosely correlated
-0.80%
CMRGX - MERIX
65%
Loosely correlated
-0.80%
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