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MMCFX
Mutual Fund ticker: NASDAQ
AS OF
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Price
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Change
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Net Assets
49.68M

MMCFX AMG Veritas China N Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Yum China Holdings (NASDAQ:YUMC), H World Group Limited (NASDAQ:HTHT).

Industry description

The investment seeks to achieve long-term capital appreciation. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of issuers located in China or issuers that are not located in China but derive a majority (over 50%) of their income from China. It primarily invests in equity securities. Under normal circumstances, the adviser considers equity securities to include common and preferred stocks, as well as securities with equity characteristics, including, but not limited to, equity-linked notes and participation notes. The fund is non-diversified.

Market Cap

The average market capitalization across the AMG Veritas China N MF is 64.86B. The market cap for tickers in the group ranges from 11.64B to 18.22B. YUMC holds the highest valuation in this group at 18.22B. The lowest valued company is HTHT at 11.64B.

Volume

The average weekly volume growth across all stocks in the AMG Veritas China N MF was -75%. For the same stocks of the MF, the average monthly volume growth was -49% and the average quarterly volume growth was -73%

Fundamental Analysis Ratings

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

Valuation Rating: 75
P/E Growth Rating: 43
Price Growth Rating: 57
SMR Rating: 66
Profit Risk Rating: 69
Seasonality Score: 31 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category PacificAsiaexJapanStk

Profile
Fundamentals
Details
Category
China Region
Address
AMG Funds I600 Steamboat Road, Suite 300Norwalk
Phone
N/A
Web
www.amgfunds.com
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MMCFX and

Correlation & Price change

A.I.dvisor indicates that over the last year, MMCFX has been closely correlated with FHKCX. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if MMCFX jumps, then FHKCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MMCFX
1D Price
Change %
MMCFX100%
N/A
FHKCX - MMCFX
80%
Closely correlated
N/A
FHKAX - MMCFX
80%
Closely correlated
N/A
FIQFX - MMCFX
79%
Closely correlated
N/A
FHKIX - MMCFX
77%
Closely correlated
N/A
FHKTX - MMCFX
77%
Closely correlated
N/A