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TNMAX 1290 Multi-Alternative Strategies A Forecast, Technical & Fundamental Analysis

Category Trading
A.I.Advisor
published Highlights

Industry description

The investment seeks long-term growth of capital. The fund pursues its investment objective by investing in exchange-traded securities of other investment companies or investment vehicles comprising various asset categories and strategies. Under normal market conditions, the fund allocates substantially all of its assets to Underlying ETFs that invest primarily in non-traditional (alternative) asset categories and strategies. The fund seeks to invest its assets among the Underlying ETFs to achieve a diversified exposure across multiple alternative asset categories and strategies.
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Multistrategy
Address
1290 Funds1290 Avenue of the AmericasNew York
Phone
(212) 554-1234
Web
www.1290Funds.com
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TNMAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, TNMAX has been closely correlated with GSGPX. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if TNMAX jumps, then GSGPX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TNMAX
1D Price
Change %
TNMAX100%
-0.25%
GSGPX - TNMAX
86%
Closely correlated
-0.40%
GARTX - TNMAX
85%
Closely correlated
-0.31%
BXMYX - TNMAX
58%
Loosely correlated
-0.45%
BXMIX - TNMAX
50%
Loosely correlated
-0.45%
BKMBX - TNMAX
39%
Loosely correlated
-0.09%
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