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SAOAX
Mutual Fund ticker: NASDAQ
AS OF
May 21 closing price
Price
$30.72
Change
-$0.35 (-1.13%)
Net Assets
36.12M

SAOAX NAA Opportunity Fund A Forecast, Technical & Fundamental Analysis

The investment seeks long-term capital growth... Show more

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

Notable companies

The most notable companies in this group are QUALCOMM (NASDAQ:QCOM), Incyte Corp (NASDAQ:INCY).

Industry description

The investment seeks long-term capital growth. Under normal market conditions, the fund pursues its objective by investing in long and short positions of domestic equity and equity-related securities. The fund will ordinarily hold simultaneous long and short positions in equity securities or securities markets that provide exposure up to a level equal to 150% of the fund’s net assets for both the long and short positions.

Market Cap

The average market capitalization across the NAA Opportunity Fund A MF is 42.47B. The market cap for tickers in the group ranges from 6.07B to 166.14B. QCOM holds the highest valuation in this group at 166.14B. The lowest valued company is BCC at 6.07B.

Volume

The average weekly volume growth across all stocks in the NAA Opportunity Fund A MF was 11%. For the same stocks of the MF, the average monthly volume growth was 35% and the average quarterly volume growth was 73%

Fundamental Analysis Ratings

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

Valuation Rating: 37
P/E Growth Rating: 44
Price Growth Rating: 62
SMR Rating: 100
Profit Risk Rating: 64
Seasonality Score: 20 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
United States
Phone
N/A
Web
N/A
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SAOAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, SAOAX has been loosely correlated with QLERX. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if SAOAX jumps, then QLERX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SAOAX
1D Price
Change %
SAOAX100%
N/A
QLERX - SAOAX
50%
Loosely correlated
+0.22%
QLENX - SAOAX
50%
Loosely correlated
+0.17%
DHLSX - SAOAX
42%
Loosely correlated
N/A
NLSCX - SAOAX
42%
Loosely correlated
N/A
NLSIX - SAOAX
41%
Loosely correlated
N/A
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