MOJOX DF Tactical Momentum Fund I Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Micron Technology (NASDAQ:MU), Lam Research Corp (NASDAQ:LRCX), Analog Devices (NASDAQ:ADI), Western Digital Corp (NASDAQ:WDC), Corning (NYSE:GLW), Ciena Corp (NYSE:CIEN), ON Semiconductor Corp (NASDAQ:ON).

The investment seeks capital growth with a secondary objective of generating income. The adviser seeks to achieve the fund’s objectives by seeking to track the DF Risk-Managed Momentum Index that provides a formulaic methodology for allocating investments between securities of issuers who demonstrate positive free cash flow and positive momentum and short-term treasuries. The index and the fund will allocate 100% to the equity portfolio when the shorter-term exponential moving average indicator is in a bullish position.

The average market capitalization across the DF Tactical Momentum Fund I MF is 772.75B. The market cap for tickers in the group ranges from 32.18B to 1.1T. MU holds the highest valuation in this group at 1.1T. The lowest valued company is ON at 32.18B.

The average weekly volume growth across all stocks in the DF Tactical Momentum Fund I MF was -12%. For the same stocks of the MF, the average monthly volume growth was -29% and the average quarterly volume growth was -66%