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MXREX
Mutual Fund ticker: NASDAQ
AS OF
Dec 18 closing price
Price
$12.69
Change
-$0.52 (-3.94%)
Net Assets
792.35M

MXREX Empower Real Estate Index Inv Forecast, Technical & Fundamental Analysis

Category RealEstate
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are PROLOGIS (NYSE:PLD), Simon Property Group (NYSE:SPG).

Industry description

The investment seeks investment results, before fees and expenses, that track the total return of a benchmark index that measures the performance of publicly traded equity real estate investment trusts ("REITs"). Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of the companies included in the benchmark index. The fund uses the replication method of indexing, meaning the fund seeks to own the securities contained in the benchmark index in as close as possible a proportion of the fund as each stock’s weight in the benchmark index. It is non-diversified.

Market Cap

The average market capitalization across the Empower Real Estate Index Inv MF is 52.36B. The market cap for tickers in the group ranges from 23.32B to 120.46B. PLD holds the highest valuation in this group at 120.46B. The lowest valued company is EQR at 23.32B.

Volume

The average weekly volume growth across all stocks in the Empower Real Estate Index Inv MF was 11%. For the same stocks of the MF, the average monthly volume growth was -6% and the average quarterly volume growth was 9%

Fundamental Analysis Ratings

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

Valuation Rating: 88
P/E Growth Rating: 42
Price Growth Rating: 44
SMR Rating: 68
Profit Risk Rating: 49
Seasonality Score: 21 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category RealEstate

Profile
Fundamentals
Details
Category
Real Estate
Address
Empower Funds, Inc.8515 E Orchard RdGreenwood Village
Phone
N/A
Web
www.greatwestfunds.com
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MXREX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, MXREX has been closely correlated with VRTPX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if MXREX jumps, then VRTPX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MXREX
1D Price
Change %
MXREX100%
N/A
VRTPX - MXREX
98%
Closely correlated
-0.53%
CIRRX - MXREX
97%
Closely correlated
-0.61%
CSEIX - MXREX
97%
Closely correlated
-0.60%
CREFX - MXREX
97%
Closely correlated
-0.61%
CSJZX - MXREX
93%
Closely correlated
-0.44%
More