(CCOR) Core Alternative - Ratings and Ratios

The Core Alternative ETF (NYSE ARCA: CCOR) is designed to provide exposure to U.S. equity securities with a focus on current dividend income and the potential for long-term total returns. The fund targets high-quality companies characterized by their ability to sustainably grow earnings and increase dividends over time. By emphasizing dividend growth, the ETF aims to offer a combination of income generation and capital appreciation, appealing to investors seeking a balanced return profile.

Over the next three months, based on the technical and fundamental data, CCOR is expected to maintain a stable performance. The ETFs recent price of 26.65, coupled with its SMA20 of 25.97 and SMA50 of 25.73, suggests a potential continuation of its upward trend. The SMA200 of 26.17 indicates that the fund has been trading sideways but may experience a slight increase. The low ATR of 0.30 signals minimal volatility, supporting the forecast for a stable trading range. However, the average volume of 12,339 shares over the past 20 days and an AUM of $70.67M may indicate limited liquidity and potential challenges in tracking its underlying index. Overall, CCOR is anticipated to experience modest growth, with a price target range of $26.40 to $27.00 over the next quarter.