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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 Intel Corp (NASDAQ:INTC), Johnson & Johnson (NYSE:JNJ), QUALCOMM (NASDAQ:QCOM), Verizon Communications (NYSE:VZ), AT&T (NYSE:T), Pfizer (NYSE:PFE), Bristol-Myers Squibb Co (NYSE:BMY), Medtronic plc (NYSE:MDT).

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 263.14B. The market cap for tickers in the group ranges from 100.32B to 608.65B. INTC holds the highest valuation in this group at 608.65B. The lowest valued company is MDT at 100.32B.

Volume

The average weekly volume growth across all stocks in the Covered Bridge A MF was 1%. For the same stocks of the MF, the average monthly volume growth was -8% and the average quarterly volume growth was -43%

Fundamental Analysis Ratings

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

Valuation Rating: 26
P/E Growth Rating: 52
Price Growth Rating: 41
SMR Rating: 100
Profit Risk Rating: 64
Seasonality Score: 24 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
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 BHEIX. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if TCBAX jumps, then BHEIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TCBAX
1D Price
Change %
TCBAX100%
N/A
BHEIX - TCBAX
82%
Closely correlated
N/A
BMCIX - TCBAX
82%
Closely correlated
N/A
GIDWX - TCBAX
78%
Closely correlated
N/A
JEPAX - TCBAX
68%
Closely correlated
N/A
JEPSX - TCBAX
67%
Closely correlated
N/A
More
Covered Bridge A (TCBAX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com