Notable companies
The most notable companies in this group are Prudential Financial (NYSE:PRU), Royal Caribbean Group (NYSE:RCL), Barrick Gold Corp (NYSE:GOLD), Gold Fields Ltd (NYSE:GFI), American Airlines Group (NASDAQ:AAL), SLM Corp (NASDAQ:SLM).
Industry description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® GDP Africa Index.
The fund normallyinvests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index includes securities of African companies. African companies generally include local listings of companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa.
Market Cap
The average market capitalization across the VanEck Africa ETF ETF is 10.44B. The market cap for tickers in the group ranges from 18.46M to 42.17B. PRU holds the highest valuation in this group at 42.17B. The lowest valued company is AMS at 18.46M.
High and low price notable news
The average weekly price growth across all stocks in the VanEck Africa ETF ETF was -4%. For the same ETF, the average monthly price growth was -5%, and the average quarterly price growth was -1%. KOS experienced the highest price growth at 7%, while DSY experienced the biggest fall at -21%.
Volume
The average weekly volume growth across all stocks in the VanEck Africa ETF ETF was 6%. For the same stocks of the ETF, the average monthly volume growth was -10% and the average quarterly volume growth was 13%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 41
P/E Growth Rating: 62
Price Growth Rating: 52
SMR Rating: 60
Profit Risk Rating: 67
Seasonality Score: 34 (-100 ... +100)