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PWETX
Mutual Fund ticker: NASDAQ
AS OF
Dec 17 closing price
Price
$13.41
Change
-$0.05 (-0.37%)
Net Assets
392.59M

PWETX PACE International Em Mkts Eq P2 Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM).

Industry description

The investment seeks capital appreciation. The fund normally invests at least 80% of its net assets in equity securities that are tied economically to emerging market countries. The advisor generally defines emerging market countries as countries that are not included in the MSCI World Index of major world economies. The fund may invest, to a limited extent, in (1) bonds, including up to 10% of its total assets in bonds that are below investment grade, which are commonly known as "junk bonds," and (2) securities of other investment companies, including exchange-traded funds ("ETFs"), that invest in emerging markets.

Market Cap

The average market capitalization across the PACE International Em Mkts Eq P2 MF is 148.72B. The market cap for tickers in the group ranges from 91.72B to 859.18B. TSM holds the highest valuation in this group at 859.18B. The lowest valued company is MELI at 91.72B.

Volume

The average weekly volume growth across all stocks in the PACE International Em Mkts Eq P2 MF was 4%. For the same stocks of the MF, the average monthly volume growth was -39% and the average quarterly volume growth was 90%

Fundamental Analysis Ratings

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

Valuation Rating: 64
P/E Growth Rating: 70
Price Growth Rating: 51
SMR Rating: 30
Profit Risk Rating: 31
Seasonality Score: -37 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
C/O UBS ASSET MANAGEMENT (AMERICAS) INC.12TH FLOOR 1285 AVENUE OF THE AMERICASNew York
Phone
N/A
Web
www.ubs.com
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PWETX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, PWETX has been closely correlated with RNWFX. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if PWETX jumps, then RNWFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PWETX
1D Price
Change %
PWETX100%
N/A
RNWFX - PWETX
81%
Closely correlated
-0.39%
FNFWX - PWETX
81%
Closely correlated
-0.40%
VEMAX - PWETX
44%
Loosely correlated
-0.68%
VEMRX - PWETX
44%
Loosely correlated
-0.66%
VEIEX - PWETX
44%
Loosely correlated
-0.68%
More