Notable companies
The most notable companies in this group are PDD Holdings (NASDAQ:PDD).
Industry description
The investment seeks capital appreciation.
The fund normally invests at least 80% of assets in securities of Asian emerging markets issuers and other investments that are tied economically to Asian emerging markets. It normally invests primarily in common stocks. The fund allocates investments across different Asian countries with emerging markets. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Market Cap
The average market capitalization across the Fidelity Emerging Asia MF is 153.35B. The market cap for tickers in the group ranges from 7.75B to 146.61B. PDD holds the highest valuation in this group at 146.61B. The lowest valued company is MMYT at 7.75B.
Volume
The average weekly volume growth across all stocks in the Fidelity Emerging Asia MF was -20%. For the same stocks of the MF, the average monthly volume growth was -4% and the average quarterly volume growth was 63%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 70
P/E Growth Rating: 56
Price Growth Rating: 46
SMR Rating: 64
Profit Risk Rating: 64
Seasonality Score: -45 (-100 ... +100)