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QMNNX AQR Equity Market Neutral N Forecast, Technical & Fundamental Analysis

The investment seeks positive absolute returns... Show more

Category: #Long-Short
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A.I.Advisor
published Highlights

Industry description

The investment seeks positive absolute returns. The fund is designed to be market- or beta-neutral, which means that the fund seeks to achieve returns that are not closely correlated with the returns of the equity markets in which the fund invests. Under normal market conditions, it pursues its investment objective by investing at least 80% of its net assets (including borrowings for investment purposes) in equity instruments and equity related and/or derivative instruments.
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Details
Category
Equity Market Neutral
Address
AQR FundsTwo Greewich Plaza,3rd FloorGreenwich
Phone
203-742-3600
Web
www.aqrfunds.com
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QMNNX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, QMNNX has been closely correlated with QMNIX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if QMNNX jumps, then QMNIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To QMNNX
1D Price
Change %
QMNNX100%
N/A
QMNIX - QMNNX
99%
Closely correlated
N/A
QMNRX - QMNNX
99%
Closely correlated
N/A
VMNIX - QMNNX
63%
Loosely correlated
N/A
VMNFX - QMNNX
37%
Loosely correlated
N/A
BDMAX - QMNNX
33%
Poorly correlated
N/A
More
AQR Equity Market Neutral N (QMNNX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com