Notable companies
The most notable companies in this group are Gold Fields Ltd (null:GFI).
Industry description
The investment seeks to provide long-term capital appreciation and current income.
Under normal market conditions, the fund invests at least 80% of its net assets in the securities of, and depositary receipts (including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs"), and European Depositary Receipts ("EDRs")) represented by, African issuers that are tied economically to Africa.
Market Cap
The average market capitalization across the Commonwealth Africa MF is 13.9B. The market cap for tickers in the group ranges from 2.66B to 17.82B. SGBLY holds the highest valuation in this group at 17.82B. The lowest valued company is BID at 2.66B.
Volume
The average weekly volume growth across all stocks in the Commonwealth Africa MF was 37%. For the same stocks of the MF, the average monthly volume growth was -12% and the average quarterly volume growth was -52%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 32
P/E Growth Rating: 42
Price Growth Rating: 46
SMR Rating: 59
Profit Risk Rating: 28
Seasonality Score: 25 (-100 ... +100)