Notable companies
The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), PDD Holdings (NASDAQ:PDD), Trip.com Group Limited (NASDAQ:TCOM).
Industry description
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of emerging country issuers.
Market Cap
The average market capitalization across the Alger Emerging Markets I MF is 378.96B. The market cap for tickers in the group ranges from 4.49B to 1.96T. TSM holds the highest valuation in this group at 1.96T. The lowest valued company is MMYT at 4.49B.
Volume
The average weekly volume growth across all stocks in the Alger Emerging Markets I MF was 217%. For the same stocks of the MF, the average monthly volume growth was 373% and the average quarterly volume growth was 388%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 78
P/E Growth Rating: 63
Price Growth Rating: 66
SMR Rating: 39
Profit Risk Rating: 76
Seasonality Score: -20 (-100 ... +100)