Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), QUALCOMM (NASDAQ:QCOM), Colgate-Palmolive Company (NYSE:CL).
Industry description
The investment seeks long-term capital growth, consistent with Islamic principles.
The fund invests at least 80% of total net assets in common stocks of companies with significant exposure (50% or more of production assets, or revenues) to countries with developing economies and/or markets. Investment decisions are made in accordance with Islamic principles. It diversifies its investments across the industries, companies, and countries of the developing world, and principally follows a large-cap value investment style.
Market Cap
The average market capitalization across the Amana Developing World Investor MF is 611.79B. The market cap for tickers in the group ranges from 12.52B to 2.76T. NVDA holds the highest valuation in this group at 2.76T. The lowest valued company is JBL at 12.52B.
Volume
The average weekly volume growth across all stocks in the Amana Developing World Investor MF was 26%. For the same stocks of the MF, the average monthly volume growth was 9% and the average quarterly volume growth was 15%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 55
P/E Growth Rating: 49
Price Growth Rating: 49
SMR Rating: 21
Profit Risk Rating: 13
Seasonality Score: -9 (-100 ... +100)