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EMQIX Ashmore Emerging Markets Active Eq Instl 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 Instl 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 Instl 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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EMQIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, EMQIX has been closely correlated with FWWNX. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if EMQIX jumps, then FWWNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EMQIX
1D Price
Change %
EMQIX100%
-0.38%
FWWNX - EMQIX
85%
Closely correlated
-0.31%
RNWFX - EMQIX
75%
Closely correlated
-0.32%
FNWFX - EMQIX
39%
Loosely correlated
-0.32%
RNWHX - EMQIX
38%
Loosely correlated
-0.31%
RNWEX - EMQIX
31%
Poorly correlated
-0.31%
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