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RAAAX Altegris/AACA Opportunistic Real Estt A Forecast, Technical & Fundamental Analysis

Category RealEstate
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are American Tower Corp (NYSE:AMT), Innovative Industrial Properties (NYSE:IIPR).

Industry description

The investment seeks to provide total return through long term capital appreciation and current income by investing, both long and short, in equity securities of real estate and real estate related companies. Under normal circumstances, the fund invests at least 80% of its net assets (defined as net assets plus the amount of any borrowing for investment purposes) in both long and short positions in equity securities of "real estate" companies and "real estate related" companies (collectively "real estate companies"). It is non-diversified.

Market Cap

The average market capitalization across the Altegris/AACA Opportunistic Real Estt A MF is 30.04B. The market cap for tickers in the group ranges from 651.86M to 90.01B. AMT holds the highest valuation in this group at 90.01B. The lowest valued company is FIP at 651.86M.

Volume

The average weekly volume growth across all stocks in the Altegris/AACA Opportunistic Real Estt A MF was -1%. For the same stocks of the MF, the average monthly volume growth was 46% and the average quarterly volume growth was 5%

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: 65
Price Growth Rating: 50
SMR Rating: 74
Profit Risk Rating: 71
Seasonality Score: 40 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category RealEstate

Profile
Fundamentals
Details
Category
Real Estate
Address
Northern Lights Fund Trust17605 WRIGHT STREETOmaha
Phone
631-470-2600
Web
N/A
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RAAAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RAAAX has been closely correlated with DFREX. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if RAAAX jumps, then DFREX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RAAAX
1D Price
Change %
RAAAX100%
-0.39%
DFREX - RAAAX
82%
Closely correlated
+0.31%
VGSNX - RAAAX
81%
Closely correlated
+0.15%
VGSIX - RAAAX
81%
Closely correlated
+0.10%
VGSLX - RAAAX
81%
Closely correlated
+0.11%
CSJZX - RAAAX
79%
Closely correlated
+0.45%
More