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RCEAX RBC China Equity A 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 to provide long-term capital growth. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in equity investments in issuers economically tied to China. China includes Mainland China, Hong Kong, and Macau. The Advisor expects to invest primarily in common stocks, but may also invest in depositary receipts. This may include securities that trade in local Chinese, Hong Kong, or other foreign exchanges and securities that trade in Renminbi (“RMB”), the official currency of China. The fund is non-diversified.

Market Cap

The average market capitalization across the RBC China Equity A MF is 206.04B. The market cap for tickers in the group ranges from 17.04B to 434.35B. TCTZF holds the highest valuation in this group at 434.35B. The lowest valued company is BEKE at 17.04B.

Volume

The average weekly volume growth across all stocks in the RBC China Equity A MF was -46%. For the same stocks of the MF, the average monthly volume growth was -30% and the average quarterly volume growth was -57%

Fundamental Analysis Ratings

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

Valuation Rating: 53
P/E Growth Rating: 50
Price Growth Rating: 54
SMR Rating: 55
Profit Risk Rating: 84
Seasonality Score: 50 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category PacificAsiaexJapanStk

Profile
Fundamentals
Details
Category
China Region
Address
RBC Funds Trustc/o U.S. Bancorp Fund Services, LLC P.O. Box 701Milwaukee
Phone
800-422-2766
Web
www.rbcgam.us
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RCEAX and MutualFunds

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RCEAX
1D Price
Change %
RCEAX100%
-0.23%
ACEYX - RCEAX
92%
Closely correlated
-0.72%
MCDFX - RCEAX
86%
Closely correlated
-0.26%
IGCRX - RCEAX
85%
Closely correlated
-0.87%
MICHX - RCEAX
82%
Closely correlated
-0.88%
TRCLX - RCEAX
81%
Closely correlated
-0.19%
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