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TCBIX Covered Bridge I Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Notable companies

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

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 I MF is 168.55B. The market cap for tickers in the group ranges from 11.74B to 380.22B. JNJ holds the highest valuation in this group at 380.22B. The lowest valued company is CHK at 11.74B.

Volume

The average weekly volume growth across all stocks in the Covered Bridge I MF was 35%. For the same stocks of the MF, the average monthly volume growth was 108% and the average quarterly volume growth was 106%

Fundamental Analysis Ratings

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

Valuation Rating: 15
P/E Growth Rating: 50
Price Growth Rating: 46
SMR Rating: 71
Profit Risk Rating: 73
Seasonality Score: 51 (-100 ... +100)
View a ticker or compare two or three
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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.thecoveredbridgefund.com
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TCBIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, TCBIX 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 TCBIX jumps, then BHEIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TCBIX
1D Price
Change %
TCBIX100%
-0.43%
BHEIX - TCBIX
82%
Closely correlated
-0.38%
BMCIX - TCBIX
82%
Closely correlated
-0.38%
MENCX - TCBIX
77%
Closely correlated
-0.85%
JEPCX - TCBIX
67%
Closely correlated
-0.87%
JEPIX - TCBIX
66%
Closely correlated
-0.87%
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