FPADX Fidelity Emerging Markets Idx Forecast, Technical & Fundamental Analysis

The most notable companies in this group are PDD Holdings (NASDAQ:PDD).

The investment seeks to provide investment results that correspond to the total return of emerging stock markets. The fund normally invests at least 80% of the fund's assets in securities included in the MSCI Emerging Markets Index and in depositary receipts representing securities included in the index. The adviser uses statistical sampling techniques based on such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, earnings growth, country weightings, and the effect of foreign taxes to attempt to replicate the returns of the index.

The average market capitalization across the Fidelity Emerging Markets Idx MF is 197.78B. The market cap for tickers in the group ranges from 68.7B to 180.79B. PDD holds the highest valuation in this group at 180.79B. The lowest valued company is INFY at 68.7B.

The average weekly volume growth across all stocks in the Fidelity Emerging Markets Idx MF was -15%. For the same stocks of the MF, the average monthly volume growth was 39% and the average quarterly volume growth was 69%