MENU

MERIX The Merger Fund I Forecast, Technical & Fundamental Analysis

The investment seeks capital growth by engaging in merger arbitrage... Show more

Category: #Trading
Interact to see
Advertisement
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Norfolk Southern Corp (NYSE:NSC), Electronic Arts (NASDAQ:EA).

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 29.96B. The market cap for tickers in the group ranges from 5.25B to 78.77B. NSC holds the highest valuation in this group at 78.77B. The lowest valued company is UNF at 5.25B.

Volume

The average weekly volume growth across all stocks in the The Merger Fund I MF was 288%. For the same stocks of the MF, the average monthly volume growth was 280% and the average quarterly volume growth was 261%

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: 26
Price Growth Rating: 48
SMR Rating: 58
Profit Risk Rating: 66
Seasonality Score: -8 (-100 ... +100)
View a ticker or compare two or three
Interact to see
Advertisement
A.I. Advisor
published General Information

General Information

Category Trading

Profile
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
ETFs / NAMEPrice $Chg $Chg %
LABU317.2012.29
+4.03%
Direxion Daily S&P Biotech Bull 3X ETF
RSPM41.330.89
+2.20%
Invesco S&P 500® Equal Weight Matrls ETF
JQUA74.750.47
+0.63%
JPMorgan US Quality Factor ETF
JPO14.23-0.05
-0.35%
YieldMax JP Option Income Strategy ETF
KBUF26.57-0.24
-0.88%
KraneShares 90% KWEB Dfnd Outcm Jan27ETF

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 100% 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%
+0.11%
MERFX - MERIX
100%
Closely correlated
+0.11%
WCEIX - MERIX
98%
Closely correlated
+0.19%
WCERX - MERIX
98%
Closely correlated
+0.10%
WCFRX - MERIX
37%
Loosely correlated
N/A
WCFIX - MERIX
30%
Poorly correlated
N/A
More
The Merger Fund I (MERIX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com