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MRAEX
Mutual Fund ticker: NASDAQ
AS OF
Jun 13 closing price
Price
$13.00
Change
-$0.15 (-1.14%)
Net Assets
42.21M

MRAEX Meridian Hedged Equity A Forecast, Technical & Fundamental Analysis

The investment seeks long-term growth of capital... Show more

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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Align Technology (NASDAQ:ALGN).

Industry description

The investment seeks long-term growth of capital. The fund will invest at least 80% of its net assets in long or short positions in equity securities. Equity securities include, but are not limited to, common and preferred stocks as well as convertible securities, such as options, in domestic and foreign companies. It may invest up to 25% of its total assets, calculated at the time of purchase, in securities of foreign companies, including emerging market companies.

Market Cap

The average market capitalization across the Meridian Hedged Equity A MF is 507B. The market cap for tickers in the group ranges from 1.3B to 3.46T. NVDA holds the highest valuation in this group at 3.46T. The lowest valued company is SBH at 1.3B.

Volume

The average weekly volume growth across all stocks in the Meridian Hedged Equity A MF was 16%. For the same stocks of the MF, the average monthly volume growth was -35% and the average quarterly volume growth was -20%

Fundamental Analysis Ratings

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

Valuation Rating: 71
P/E Growth Rating: 69
Price Growth Rating: 59
SMR Rating: 49
Profit Risk Rating: 73
Seasonality Score: -27 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Equity Hedged
Address
Meridian Fund Inc60 E Sir Francis Drake Blvd,Suite 306Larkspur
Phone
N/A
Web
www.meridianfund.com
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MRAEX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MRAEX has been loosely correlated with JHEQX. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if MRAEX jumps, then JHEQX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MRAEX
1D Price
Change %
MRAEX100%
-1.14%
JHEQX - MRAEX
45%
Loosely correlated
-0.33%
JHQAX - MRAEX
45%
Loosely correlated
-0.37%
JHQRX - MRAEX
45%
Loosely correlated
-0.36%
JHQCX - MRAEX
45%
Loosely correlated
-0.37%
JHQPX - MRAEX
45%
Loosely correlated
-0.33%
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