SAOAX Guggenheim Alpha Opportunity A Forecast, Technical & Fundamental Analysis

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

The investment seeks long-term growth of capital. The fund pursues its objective by investing, under normal market conditions, in long and short positions of domestic equity and equity-related securities. It may invest in domestic equity securities, including small-, mid-, and large-capitalization securities. The fund also may invest in derivative instruments, including swaps on selected baskets of equity securities, to enable the fund to pursue its investment objective without investing directly in the securities of companies to which the fund is seeking exposure.

The average market capitalization across the Guggenheim Alpha Opportunity A MF is 45.62B. The market cap for tickers in the group ranges from 6.07B to 176.22B. QCOM holds the highest valuation in this group at 176.22B. The lowest valued company is BCC at 6.07B.

The average weekly volume growth across all stocks in the Guggenheim Alpha Opportunity A MF was -34%. For the same stocks of the MF, the average monthly volume growth was -36% and the average quarterly volume growth was -36%