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USRAX
Mutual Fund ticker: NASDAQ
AS OF
Dec 17 closing price
Price
$33.62
Change
-$0.11 (-0.33%)
Net Assets
596.44M

USRAX Horizon Multi-Factor U.S. Equity Inv Forecast, Technical & Fundamental Analysis

Category LargeBlend
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Walmart (NYSE:WMT), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V), Unitedhealth Group (NYSE:UNH).

Industry description

The investment seeks capital appreciation. The fund seeks to achieve its investment objective by investing primarily in large and mid-cap U.S. common stocks, and employs defensive techniques, including strategic portfolio positioning, to achieve lower overall volatility as compared to the market generally. The fund will invest not less than 80% of the value of its net assets in the equity securities of U.S. companies.

Market Cap

The average market capitalization across the Horizon Multi-Factor U.S. Equity Inv MF is 1.46T. The market cap for tickers in the group ranges from 451.47B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is UNH at 451.47B.

Volume

The average weekly volume growth across all stocks in the Horizon Multi-Factor U.S. Equity Inv MF was 28%. For the same stocks of the MF, the average monthly volume growth was 16% 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: 74
P/E Growth Rating: 51
Price Growth Rating: 26
SMR Rating: 42
Profit Risk Rating: 10
Seasonality Score: -2 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Large Blend
Address
Horizon Funds13024 Ballantyne Corporate Place, Suite 225Charlotte
Phone
(704) 544-2399
Web
www.horizonmutualfunds.com
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USRAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, USRAX has been closely correlated with FXAIX. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if USRAX jumps, then FXAIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To USRAX
1D Price
Change %
USRAX100%
-0.33%
FXAIX - USRAX
91%
Closely correlated
-0.39%
VSMPX - USRAX
90%
Closely correlated
-0.49%
VTSAX - USRAX
90%
Closely correlated
-0.49%
VTSMX - USRAX
90%
Closely correlated
-0.49%
VSTSX - USRAX
90%
Closely correlated
-0.49%
More