(RUNN) Running Oak Efficient - Ratings and Ratios

The Running Oak Efficient Growth ETF (RUNN) is an actively managed exchange-traded fund that focuses on investing in a concentrated portfolio of 50-75 large and mid-sized U.S. companies, typically with market capitalizations of at least $5 billion, aiming for a roughly equal weighting among its holdings.

By investing primarily in exchange-traded equity securities, RUNN provides exposure to a diversified mix of U.S. companies, while allowing for up to 20% of its net assets to be invested in non-U.S. companies, thereby offering a slight tilt towards global market opportunities.

As a non-diversified fund, RUNN is designed to capitalize on the fund managers active investment decisions, which may result in a more focused portfolio compared to a diversified ETF. This approach can potentially lead to higher returns, but also increases the risk profile.

Analyzing the technical data, we observe that the current price of $32.59 is above both the 20-day and 50-day Simple Moving Averages (SMA20: $31.66, SMA50: $31.96), indicating a short-term uptrend. However, the price is slightly below the 200-day SMA ($32.91), suggesting that the long-term trend is still uncertain. The Average True Range (ATR) of 0.77 represents a 2.36% daily volatility, which is relatively moderate.

Considering the fundamental data, the Assets Under Management (AUM) of $335.55 million indicate a reasonable size for the ETF, providing sufficient liquidity for investors. Given the current market conditions and the funds characteristics, a forecast for RUNN could be made by analyzing the interplay between its technical and fundamental data.

Based on the technical indicators and fundamental data, a potential forecast for RUNN is that it may continue its short-term uptrend, potentially reaching the 52-week high of $35.30, driven by the fund managers active investment decisions and the overall market conditions. However, if the long-term trend continues to be uncertain, a correction may occur, potentially bringing the price down to the $31.66 level. Therefore, investors should closely monitor the funds performance and adjust their strategies accordingly.