Notable companies
The most notable companies in this group are PDD Holdings (NASDAQ:PDD), NetEase (NASDAQ:NTES).
Industry description
The investment seeks to provide returns in excess of the MSCI Emerging Markets Index over full market cycles.
The fund seeks to achieve its investment objective by investing, under normal conditions, at least 80% of its investable assets (net assets plus any borrowings for investment purposes) in the equity and equity-related securities of companies located in or otherwise economically tied to emerging markets countries. It may invest in securities of issuers of any market capitalization. The fund may invest a large portion of its assets in a single country or region. It is not sponsored by or affiliated with MSCI.
Market Cap
The average market capitalization across the PGIM Quant Solutions EMs Eq R6 MF is 155.94B. The market cap for tickers in the group ranges from 67.08B to 142.24B. PDD holds the highest valuation in this group at 142.24B. The lowest valued company is NTES at 67.08B.
Volume
The average weekly volume growth across all stocks in the PGIM Quant Solutions EMs Eq R6 MF was -23%. For the same stocks of the MF, the average monthly volume growth was 70% and the average quarterly volume growth was 63%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 59
P/E Growth Rating: 71
Price Growth Rating: 57
SMR Rating: 49
Profit Risk Rating: 64
Seasonality Score: -40 (-100 ... +100)