AZEMX Alger Emerging Markets Z Forecast, Technical & Fundamental Analysis

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).

The investment seeks long-term capital appreciation. 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. It generally invests in at least three emerging countries, and, at times, may invest a substantial portion of its assets in a single emerging country. The fund may invest in companies of any market capitalization, from larger, well-established companies to small, emerging growth companies.

The average market capitalization across the Alger Emerging Markets Z MF is 194.02B. The market cap for tickers in the group ranges from 7.75B to 812.24B. TSM holds the highest valuation in this group at 812.24B. The lowest valued company is MMYT at 7.75B.

The average weekly volume growth across all stocks in the Alger Emerging Markets Z MF was -26%. For the same stocks of the MF, the average monthly volume growth was -68% and the average quarterly volume growth was -5%