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IPOAX
Mutual Fund ticker: NASDAQ
AS OF
Feb 21 closing price
Price
$19.25
Change
+$0.12 (+0.63%)
Net Assets
674.26M

IPOAX Macquarie Systematic Em Mkts Eq A Forecast, Technical & Fundamental Analysis

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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets in equity securities, primarily common stock, of companies (i) from countries considered to be emerging market countries or (ii) that are economically linked to emerging market countries. It may invest up to 100% of its total assets in foreign securities and may invest in depositary receipts of foreign issuers. The fund also may invest up to 20% of its net assets in companies that are not located in, or economically linked to, emerging market countries.

Market Cap

The average market capitalization across the Macquarie Systematic Em Mkts Eq A MF is 102.59B. The market cap for tickers in the group ranges from 58.84M to 86.95B. INFY holds the highest valuation in this group at 86.95B. The lowest valued company is TCS at 58.84M.

Volume

The average weekly volume growth across all stocks in the Macquarie Systematic Em Mkts Eq A MF was -1%. For the same stocks of the MF, the average monthly volume growth was 25% and the average quarterly volume growth was 75%

Fundamental Analysis Ratings

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

Valuation Rating: 55
P/E Growth Rating: 72
Price Growth Rating: 64
SMR Rating: 60
Profit Risk Rating: 76
Seasonality Score: -33 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
Ivy Funds Inc6300 Lamar AveOverland Park
Phone
N/A
Web
www.ivyinvestments.com
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IPOAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, IPOAX has been closely correlated with VEMRX. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if IPOAX jumps, then VEMRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IPOAX
1D Price
Change %
IPOAX100%
+0.63%
VEMRX - IPOAX
88%
Closely correlated
+0.15%
FNFWX - IPOAX
84%
Closely correlated
-0.54%
FWWNX - IPOAX
82%
Closely correlated
-0.55%
RNWAX - IPOAX
82%
Closely correlated
-0.54%
VEIEX - IPOAX
56%
Loosely correlated
+0.14%
More