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MRCEX Meridian Hedged Equity C Forecast, Technical & Fundamental Analysis

Category Unknown
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Align Technology (NASDAQ:ALGN).

Industry description

The investment seeks long-term growth of capital. The fund will invest at least 80% of its net assets in long or short positions in equity securities. Equity securities include, but are not limited to, common and preferred stocks as well as convertible securities, such as options, in domestic and foreign companies. It may invest up to 25% of its total assets, calculated at the time of purchase, in securities of foreign companies, including emerging market companies.

Market Cap

The average market capitalization across the Meridian Hedged Equity C MF is 509.93B. The market cap for tickers in the group ranges from 1.3B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is SBH at 1.3B.

Volume

The average weekly volume growth across all stocks in the Meridian Hedged Equity C MF was 41%. For the same stocks of the MF, the average monthly volume growth was 17% and the average quarterly volume growth was -11%

Fundamental Analysis Ratings

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

Valuation Rating: 73
P/E Growth Rating: 50
Price Growth Rating: 45
SMR Rating: 46
Profit Risk Rating: 74
Seasonality Score: 58 (-100 ... +100)
View a ticker or compare two or three
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Equity Hedged
Address
Meridian Fund Inc60 E Sir Francis Drake Blvd,Suite 306Larkspur
Phone
N/A
Web
www.meridianfund.com
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MRCEX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MRCEX has been closely correlated with GATEX. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if MRCEX jumps, then GATEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MRCEX
1D Price
Change %
MRCEX100%
-0.57%
GATEX - MRCEX
71%
Closely correlated
-0.84%
JHTGX - MRCEX
71%
Closely correlated
-0.86%
JHTAX - MRCEX
71%
Closely correlated
-0.92%
GAFFX - MRCEX
67%
Closely correlated
-1.66%
RGAHX - MRCEX
67%
Closely correlated
-1.66%
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