Notable companies
The most notable companies in this group are Meta Platforms (NASDAQ:META), Zoom Communications Inc (NASDAQ:ZM).
Industry description
The investment seeks to generate an absolute return with reduced correlation to the stock and bond markets.
The advisor employs a strategy intended to generate an absolute (i.e., positive) return in various market cycles with reduced correlation to the stock and bond markets. The fund allocates its assets among a variety of investment strategies through the use of: (i) affiliated and unaffiliated funds, including open-end funds, closed-end funds and exchange traded funds (underlying funds); and/or (ii) one or more investment sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers).
Market Cap
The average market capitalization across the SEI Multi-Strategy Alternative Y (SIMT) MF is 316.97B. The market cap for tickers in the group ranges from 2.73B to 1.24T. META holds the highest valuation in this group at 1.24T. The lowest valued company is MTRN at 2.73B.
Volume
The average weekly volume growth across all stocks in the SEI Multi-Strategy Alternative Y (SIMT) MF was 392%. For the same stocks of the MF, the average monthly volume growth was 316% and the average quarterly volume growth was 64%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 71
Price Growth Rating: 43
SMR Rating: 64
Profit Risk Rating: 62
Seasonality Score: 50 (-100 ... +100)