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MEGMX Matthews Emerging Markets Equity Inv Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Industry description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries. It has concentrated its investments (meaning more than 25% of its assets) from time to time in a single country, including China.

Market Cap

The average market capitalization across the Matthews Emerging Markets Equity Inv MF is 188.2B. The market cap for tickers in the group ranges from 91.92B to 434.35B. TCTZF holds the highest valuation in this group at 434.35B. The lowest valued company is INFY at 91.92B.

Volume

The average weekly volume growth across all stocks in the Matthews Emerging Markets Equity Inv MF was -57%. For the same stocks of the MF, the average monthly volume growth was -18% and the average quarterly volume growth was -16%

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: 57
Price Growth Rating: 49
SMR Rating: 20
Profit Risk Rating: 49
Seasonality Score: 25 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
Driehaus Mutual Funds25 East Erie St,25 East Erie StreetChicago
Phone
N/A
Web
www.driehaus.com
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MEGMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MEGMX has been closely correlated with FWWNX. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if MEGMX jumps, then FWWNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MEGMX
1D Price
Change %
MEGMX100%
-0.81%
FWWNX - MEGMX
87%
Closely correlated
-0.79%
FNFWX - MEGMX
86%
Closely correlated
-0.79%
RNWFX - MEGMX
82%
Closely correlated
-0.79%
FNWFX - MEGMX
63%
Loosely correlated
-0.79%
RNWHX - MEGMX
62%
Loosely correlated
-0.79%
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