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ODVIX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$38.60
Change
+$0.11 (+0.29%)
Net Assets
16.85B

ODVIX Invesco Developing Markets R6 Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

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

Industry description

The investment seeks capital appreciation. The fund mainly invests in common stocks of issuers in developing and emerging markets throughout the world and at times it may invest up to 100% of its total assets in foreign securities. Under normal market conditions, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities of issuers whose principal activities are in a developing market, i.e. are in a developing market or are economically tied to a developing market country, and in derivatives and other instruments that have economic characteristics similar to such securities.

Market Cap

The average market capitalization across the Invesco Developing Markets R6 MF is 55.57B. The market cap for tickers in the group ranges from 58.84M to 18.37B. YUMC holds the highest valuation in this group at 18.37B. The lowest valued company is TCS at 58.84M.

Volume

The average weekly volume growth across all stocks in the Invesco Developing Markets R6 MF was 47%. For the same stocks of the MF, the average monthly volume growth was 11% and the average quarterly volume growth was 66%

Fundamental Analysis Ratings

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

Valuation Rating: 50
P/E Growth Rating: 65
Price Growth Rating: 59
SMR Rating: 57
Profit Risk Rating: 72
Seasonality Score: -35 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
AIM Investment Funds11 Greenway Plaza,Suite 100Houston
Phone
800-341-2929
Web
www.invesco.com
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ODVIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ODVIX has been closely correlated with VEMRX. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if ODVIX jumps, then VEMRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ODVIX
1D Price
Change %
ODVIX100%
+0.29%
VEMRX - ODVIX
92%
Closely correlated
-0.57%
FNFWX - ODVIX
89%
Closely correlated
+0.14%
RNWEX - ODVIX
89%
Closely correlated
+0.16%
RNWHX - ODVIX
88%
Closely correlated
+0.16%
FWWNX - ODVIX
87%
Closely correlated
+0.16%
More