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EMQAX Ashmore Emerging Markets Active Eq A Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Industry description

The investment seeks long-term capital appreciation. The fund seeks to achieve its objective by investing principally in equity securities and equity-related investments of Emerging Market Issuers, which may be denominated in any currency, including the local currency of the issuer. It observes a policy to normally invest at least 80% of its net assets (plus borrowings made for investment purposes) in equity securities of Emerging Market Issuers. The fund's investments in derivatives and other synthetic instruments that have economic characteristics similar to these instruments will be counted toward the fund's 80% investment policy.

Market Cap

The average market capitalization across the Ashmore Emerging Markets Active Eq A MF is 125.54B. The market cap for tickers in the group ranges from 27.44B to 434.35B. TCTZF holds the highest valuation in this group at 434.35B. The lowest valued company is GBOOF at 27.44B.

Volume

The average weekly volume growth across all stocks in the Ashmore Emerging Markets Active Eq A MF was 24%. For the same stocks of the MF, the average monthly volume growth was -2% and the average quarterly volume growth was -3%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 56
Price Growth Rating: 56
SMR Rating: 36
Profit Risk Rating: 55
Seasonality Score: -23 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
C/O Ropes & Gray,LLPOne International PlaceBoston
Phone
617-951-7935
Web
www.ashmoregroup.com
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EMQAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, EMQAX has been closely correlated with FWWNX. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if EMQAX jumps, then FWWNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EMQAX
1D Price
Change %
EMQAX100%
-0.25%
FWWNX - EMQAX
86%
Closely correlated
-0.98%
FNFWX - EMQAX
85%
Closely correlated
-0.98%
RNWFX - EMQAX
76%
Closely correlated
-0.97%
RNWHX - EMQAX
39%
Loosely correlated
-0.97%
FNWFX - EMQAX
38%
Loosely correlated
-0.97%
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