Notable companies
The most notable companies in this group are PDD Holdings (NASDAQ:PDD).
Industry description
The investment seeks long-term growth of capital.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of emerging market companies at the time of purchase. The fund's managers consider “emerging market” to mean any market that is considered to be an emerging market by the international financial community (including the MSCI Emerging Markets Index or Bloomberg Emerging Markets USD Aggregate Bond Index). It invests in equity securities regardless of market capitalization (small, medium or large) and style (growth or value).
Market Cap
The average market capitalization across the Principal Glb Emerging Markets R3 MF is 167.4B. The market cap for tickers in the group ranges from 180.11B to 180.11B. PDD holds the highest valuation in this group at 180.11B. The lowest valued company is PDD at 180.11B.
Volume
The average weekly volume growth across all stocks in the Principal Glb Emerging Markets R3 MF was -18%. For the same stocks of the MF, the average monthly volume growth was 85% 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: 58
P/E Growth Rating: 62
Price Growth Rating: 51
SMR Rating: 52
Profit Risk Rating: 68
Seasonality Score: -50 (-100 ... +100)