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WIREX
Mutual Fund ticker: NASDAQ
AS OF
Dec 18 closing price
Price
$19.46
Change
-$0.59 (-2.94%)
Net Assets
10.41M

WIREX Wireless Forecast, Technical & Fundamental Analysis

Category Technology
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Adobe (NASDAQ:ADBE), Applied Materials (NASDAQ:AMAT), KLA Corp (NASDAQ:KLAC).

Industry description

The investment seeks long-term growth of capital. The fund, under normal market conditions, invests at least 80% of its assets in the securities of companies engaged in the development, production, or distribution of wireless related products or services. It invests primarily in growth companies whose revenues and earnings are likely to grow faster than the economy as a whole, offering above-average prospects for capital appreciation and little or no emphasis on dividend income. The fund is non-diversified.

Market Cap

The average market capitalization across the Wireless MF is 1.38T. The market cap for tickers in the group ranges from 58.74B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is MSI at 58.74B.

Volume

The average weekly volume growth across all stocks in the Wireless MF was 25%. For the same stocks of the MF, the average monthly volume growth was 10% and the average quarterly volume growth was -37%

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: 33
SMR Rating: 27
Profit Risk Rating: 16
Seasonality Score: -6 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
c/o Mutual Shareholder Services8000 Town Centre Drive, Suite 400Broadview Heights
Phone
1-800-590-0898
Web
www.wireless-fund.com
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WIREX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, WIREX has been closely correlated with PRGTX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if WIREX jumps, then PRGTX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WIREX
1D Price
Change %
WIREX100%
-0.64%
PRGTX - WIREX
98%
Closely correlated
-0.28%
VITAX - WIREX
97%
Closely correlated
-0.67%
FSPTX - WIREX
95%
Closely correlated
-0.63%
FSELX - WIREX
93%
Closely correlated
-1.43%
SCIRX - WIREX
88%
Closely correlated
-1.12%
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