(CCOR) Core Alternative - Ratings and Ratios

The Core Alternative ETF (CCOR) is an investment vehicle that targets U.S. equity securities with a history of paying consistent dividends, prioritizing high-quality companies with strong earnings growth potential and a propensity to increase dividend payouts over time, thereby aiming to deliver long-term total returns to investors.

As an Equity Hedged ETF, CCOR is designed to navigate various market conditions by focusing on fundamentally sound companies. The funds investment strategy is centered around identifying businesses with robust financials, a history of dividend payments, and the potential for future growth, making it an attractive option for income-seeking investors and those looking to balance their portfolios.

Analyzing the funds recent performance and technical indicators, we observe a stable trend. The last price is $27.48, slightly above its SMA20 at $27.38, indicating a minor positive deviation. The SMA50 and SMA200 are at $27.08 and $26.56, respectively, suggesting an overall upward trend as the short-term moving averages are above the long-term average. The ATR of 0.39, or 1.40%, signifies moderate volatility. Given these technical signals, its reasonable to anticipate that the ETF may continue its gradual upward movement, potentially testing the 52W High of $28.13.

Considering the fundamental aspect, the AUM of $60.19M USD indicates a relatively modest but still viable fund size, capable of providing liquidity without being overly constrained by scale. The dividend-focused investment strategy, coupled with the overall health of the U.S. equity market, positions CCOR to potentially benefit from a continued economic expansion or stability.

Forecasting CCORs performance based on the available technical and fundamental data, we can hypothesize that if the U.S. equity market continues to grow or remains stable, and if the constituent companies continue to grow their earnings and dividend payouts, CCOR could see its value appreciate. A potential target could be the 52W High of $28.13, representing a approximately 2.4% increase from its current price. However, this forecast is contingent upon the ETFs ability to maintain its focus on high-quality, dividend-paying stocks and navigate any market volatility effectively.