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PIEIX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$25.88
Change
+$0.07 (+0.27%)
Net Assets
2.41B

PIEIX Principal Glb Emerging Markets Inst Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

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 Inst MF is 167.4B. The market cap for tickers in the group ranges from 138.29B to 138.29B. PDD holds the highest valuation in this group at 138.29B. The lowest valued company is PDD at 138.29B.

Volume

The average weekly volume growth across all stocks in the Principal Glb Emerging Markets Inst 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)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
Principal Financial Group711 High StreetDes Moines
Phone
(800) 986-3343
Web
www.principalfunds.com
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PIEIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, PIEIX has been closely correlated with VEMRX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if PIEIX jumps, then VEMRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PIEIX
1D Price
Change %
PIEIX100%
+0.27%
VEMRX - PIEIX
96%
Closely correlated
-0.57%
VEMAX - PIEIX
96%
Closely correlated
-0.58%
VEMIX - PIEIX
96%
Closely correlated
-0.56%
VEIEX - PIEIX
96%
Closely correlated
-0.55%
RNWFX - PIEIX
90%
Closely correlated
+0.15%
More