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NELCX
Mutual Fund ticker: NASDAQ
AS OF
Dec 26 closing price
Price
$51.96
Change
-$0.01 (-0.02%)
Net Assets
147.68M

NELCX Nuveen Equity Long/Short C Forecast, Technical & Fundamental Analysis

Category LongShort
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), JPMorgan Chase & Co (NYSE:JPM), Walt Disney Company (The) (NYSE:DIS), Applied Materials (NASDAQ:AMAT).

Industry description

The investment seeks long-term capital appreciation with low correlation to the U.S. equity market. The fund pursues its investment objective by establishing long and short positions in a diversified portfolio of equity securities. Substantially all of the equity securities in which the fund takes long and short positions will be included in the fund's benchmark index, the Russell 1000 Index, at the time the position is taken. As a result, the fund will invest significantly in large-capitalization companies, though it may also invest in mid-capitalization companies.

Market Cap

The average market capitalization across the Nuveen Equity Long/Short C MF is 1.69T. The market cap for tickers in the group ranges from 173.36B to 3.43T. NVDA holds the highest valuation in this group at 3.43T. The lowest valued company is AMAT at 173.36B.

Volume

The average weekly volume growth across all stocks in the Nuveen Equity Long/Short C MF was -51%. For the same stocks of the MF, the average monthly volume growth was -39% and the average quarterly volume growth was -65%

Fundamental Analysis Ratings

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

Valuation Rating: 74
P/E Growth Rating: 56
Price Growth Rating: 34
SMR Rating: 31
Profit Risk Rating: 21
Seasonality Score: 2 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
C/O John Nuveen & Co Inc333 W Wacker Dr 32nd FlChicago
Phone
N/A
Web
www.nuveen.com
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NELCX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NELCX has been closely correlated with DHLSX. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if NELCX jumps, then DHLSX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NELCX
1D Price
Change %
NELCX100%
-0.02%
DHLSX - NELCX
84%
Closely correlated
-0.04%
REMIX - NELCX
74%
Closely correlated
-0.21%
NLSCX - NELCX
73%
Closely correlated
N/A
GARIX - NELCX
71%
Closely correlated
N/A
DIAYX - NELCX
61%
Loosely correlated
-0.04%
More