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SAOCX Guggenheim Alpha Opportunity C Forecast, Technical & Fundamental Analysis

Category LongShort
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 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.

Market Cap

The average market capitalization across the Guggenheim Alpha Opportunity C MF is 46.79B. The market cap for tickers in the group ranges from 6.07B to 187.49B. QCOM holds the highest valuation in this group at 187.49B. The lowest valued company is BCC at 6.07B.

Volume

The average weekly volume growth across all stocks in the Guggenheim Alpha Opportunity C MF was -20%. For the same stocks of the MF, the average monthly volume growth was 19% and the average quarterly volume growth was 39%

Fundamental Analysis Ratings

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

Valuation Rating: 39
P/E Growth Rating: 11
Price Growth Rating: 39
SMR Rating: 58
Profit Risk Rating: 46
Seasonality Score: -50 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
Guggenheim Investments805 King Farm Boulevard, Suite 600Rockville
Phone
N/A
Web
www.guggenheiminvestments.com
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SAOCX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, SAOCX has been loosely correlated with QLENX. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if SAOCX jumps, then QLENX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SAOCX
1D Price
Change %
SAOCX100%
-0.11%
QLENX - SAOCX
48%
Loosely correlated
+0.26%
QLERX - SAOCX
48%
Loosely correlated
+0.25%
DHLSX - SAOCX
42%
Loosely correlated
-0.03%
NLSCX - SAOCX
22%
Poorly correlated
-0.23%
NLSIX - SAOCX
21%
Poorly correlated
-0.27%
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