The most notable companies in this group are Activision Blizzard (NASDAQ:ATVI), Horizon Therapeutics Public Limited (NASDAQ:HZNP).
The investment seeks long-term capital appreciation and low sensitivity to traditional U.S. asset classes.
The fund will normally invest in both U.S. and non‑U.S. securities, including securities of companies located in emerging markets. The fund may invest in non‑U.S. dollar denominated investments, including investments denominated in European and Asian currencies and in other non‑U.S. and emerging market currencies.
The average market capitalization across the Morningstar Alternatives MF is 110.07B. The market cap for tickers in the group ranges from 26.63B to 74.29B. ATVI holds the highest valuation in this group at 74.29B. The lowest valued company is HZNP at 26.63B.
The average weekly volume growth across all stocks in the Morningstar Alternatives MF was 91%. For the same stocks of the MF, the average monthly volume growth was -69% and the average quarterly volume growth was -25%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 79
P/E Growth Rating: 29
Price Growth Rating: 32
SMR Rating: 51
Profit Risk Rating: 26
Seasonality Score: -34 (-100 ... +100)