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WMNAX
Mutual Fund ticker: NASDAQ
AS OF
Jan 17 closing price
Price
$9.70
Change
+$0.02 (+0.21%)
Net Assets
125.99M

WMNAX Westwood Alternative Income A Forecast, Technical & Fundamental Analysis

Category Trading
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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide absolute returns through a combination of current income and capital appreciation with low correlation to equity and fixed income markets. The fund employs an absolute return strategy, which means that it seeks to earn a positive total return through a combination of current income and capital appreciation in all market conditions, by maintaining a portfolio that is designed to have low volatility and low correlations with equity and fixed income markets over a full market cycle. The fund invests primarily in income producing convertible securities.
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Relative Value Arbitrage
Address
Ultimus Managers Trust225 Pictoria Drive, Suite 450Cincinnati
Phone
N/A
Web
N/A
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WMNAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, WMNAX has been loosely correlated with CVSOX. These tickers have moved in lockstep 37% of the time. This A.I.-generated data suggests there is some statistical probability that if WMNAX jumps, then CVSOX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WMNAX
1D Price
Change %
WMNAX100%
+0.21%
CVSOX - WMNAX
37%
Loosely correlated
-0.07%
CVSCX - WMNAX
17%
Poorly correlated
N/A
CVSIX - WMNAX
17%
Poorly correlated
N/A
CMNIX - WMNAX
17%
Poorly correlated
N/A
QDARX - WMNAX
15%
Poorly correlated
+0.25%
More