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ARBFX
Mutual Fund ticker: NASDAQ
AS OF
Jun 13 closing price
Price
$13.29
Change
-$0.01 (-0.08%)
Net Assets
724.37M

ARBFX Arbitrage R Forecast, Technical & Fundamental Analysis

The investment seeks to achieve capital growth by engaging in merger arbitrage... Show more

Category: #Trading
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Splunk (NASDAQ:SPLK).

Industry description

The investment seeks to achieve capital growth by engaging in merger arbitrage. The fund will invest at least 80% of its net assets in equity securities of companies (both U.S. and foreign) that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Equity securities include common and preferred stock. Merger arbitrage is a highly specialized investment approach designed to profit from the successful completion of mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations.

Market Cap

The average market capitalization across the Arbitrage R MF is 30.98B. The market cap for tickers in the group ranges from 1.44B to 61.67B. PXD holds the highest valuation in this group at 61.67B. The lowest valued company is EVBG at 1.44B.

Volume

The average weekly volume growth across all stocks in the Arbitrage R MF was 15%. For the same stocks of the MF, the average monthly volume growth was 60% and the average quarterly volume growth was 70%

Fundamental Analysis Ratings

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

Valuation Rating: 68
P/E Growth Rating: 64
Price Growth Rating: 75
SMR Rating: 50
Profit Risk Rating: 59
Seasonality Score: -50 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Event Driven
Address
Arbitrage FundsC/O Sei Global Funds Services 1 Freedom Valley DriveOaks
Phone
N/A
Web
www.thearbfund.com
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ARBFX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ARBFX has been closely correlated with AEDNX. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if ARBFX jumps, then AEDNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ARBFX
1D Price
Change %
ARBFX100%
-0.08%
AEDNX - ARBFX
78%
Closely correlated
-0.08%
MERFX - ARBFX
71%
Closely correlated
-0.11%
MERIX - ARBFX
70%
Closely correlated
-0.11%
GADVX - ARBFX
24%
Poorly correlated
-0.37%
BCLPX - ARBFX
24%
Poorly correlated
-0.46%
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