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QMNNX
Mutual Fund ticker: NASDAQ
AS OF
Jun 13 closing price
Price
$11.12
Change
+$0.03 (+0.27%)
Net Assets
2.08B

QMNNX AQR Equity Market Neutral N Forecast, Technical & Fundamental Analysis

The investment seeks positive absolute returns... Show more

Category: #Long-Short
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A.I.Advisor
published Highlights

Industry description

The investment seeks positive absolute returns. The fund is designed to be market- or beta-neutral, which means that the fund seeks to achieve returns that are not closely correlated with the returns of the equity markets in which the fund invests. Under normal market conditions, it pursues its investment objective by investing at least 80% of its net assets (including borrowings for investment purposes) in equity instruments and equity related and/or derivative instruments.
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A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Equity Market Neutral
Address
AQR FundsTwo Greewich Plaza,3rd FloorGreenwich
Phone
203-742-3600
Web
www.aqrfunds.com
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QMNNX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, QMNNX has been closely correlated with QMNRX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if QMNNX jumps, then QMNRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To QMNNX
1D Price
Change %
QMNNX100%
+0.27%
QMNRX - QMNNX
99%
Closely correlated
+0.26%
VMNIX - QMNNX
47%
Loosely correlated
-0.52%
BGCKX - QMNNX
40%
Loosely correlated
-0.34%
BDMCX - QMNNX
39%
Loosely correlated
-0.30%
GONIX - QMNNX
35%
Loosely correlated
-0.20%
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