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TCBAX
Mutual Fund ticker: NASDAQ
AS OF
Oct 6 closing price
Price
$9.13
Change
-$0.04 (-0.44%)
Net Assets
110.25M

TCBAX Covered Bridge A Forecast, Technical & Fundamental Analysis

The investment seeks current income and realized gains from writing options with capital appreciation as a secondary objective... Show more

Category: #Trading
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Johnson & Johnson (NYSE:JNJ), AT&T (NYSE:T), QUALCOMM (NASDAQ:QCOM), Verizon Communications (NYSE:VZ), Intel Corp (NASDAQ:INTC), Pfizer (NYSE:PFE), Medtronic plc (NYSE:MDT), Bristol-Myers Squibb Co (NYSE:BMY).

Industry description

The investment seeks current income and realized gains from writing options with capital appreciation as a secondary objective. The fund seeks to meet its investment objective by investing, under normal market conditions, in dividend paying equity securities of domestic and foreign large capitalization companies. The advisor expects to invest up to 20% of the fund's assets in foreign securities and the remainder in domestic securities. It is expected that the fund's strategy will result in high portfolio turnover.

Market Cap

The average market capitalization across the Covered Bridge A MF is 192.16B. The market cap for tickers in the group ranges from 91.88B to 453.15B. JNJ holds the highest valuation in this group at 453.15B. The lowest valued company is BMY at 91.88B.

Volume

The average weekly volume growth across all stocks in the Covered Bridge A MF was 24%. For the same stocks of the MF, the average monthly volume growth was 116% and the average quarterly volume growth was -34%

Fundamental Analysis Ratings

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

Valuation Rating: 22
P/E Growth Rating: 75
Price Growth Rating: 32
SMR Rating: 53
Profit Risk Rating: 74
Seasonality Score: 28 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Derivative Income
Address
Northern Lights Fund Trust III17605 WRIGHT STREETOmaha
Phone
631-470-2621
Web
www.boydwatterson.com
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TCBAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, TCBAX has been closely correlated with JEPIX. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if TCBAX jumps, then JEPIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TCBAX
1D Price
Change %
TCBAX100%
N/A
JEPIX - TCBAX
85%
Closely correlated
N/A
BHEIX - TCBAX
82%
Closely correlated
N/A
BMCIX - TCBAX
82%
Closely correlated
N/A
GIDWX - TCBAX
78%
Closely correlated
N/A
JEPRX - TCBAX
73%
Closely correlated
N/A
More