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RECIX RBC Emerging Markets Ex-China Equity I Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

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 securities economically tied to emerging market countries (excluding China). It will typically invest in 40 to 60 equity securities issued by mid‑ to large-capitalization companies. The equity securities in which the fund may invest include common stock, preferred stock, convertible securities, American Depositary Receipts, European Depositary Receipts, Global Depositary Receipts, warrants, rights and initial public offerings.

Market Cap

The average market capitalization across the RBC Emerging Markets Ex-China Equity I MF is 48.4B. The market cap for tickers in the group ranges from 58.84M to 58.84M. TCS holds the highest valuation in this group at 58.84M. The lowest valued company is TCS at 58.84M.

Volume

The average weekly volume growth across all stocks in the RBC Emerging Markets Ex-China Equity I MF was 19%. For the same stocks of the MF, the average monthly volume growth was 84% and the average quarterly volume growth was 56%

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: 68
Price Growth Rating: 62
SMR Rating: 51
Profit Risk Rating: 52
Seasonality Score: -43 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
100 South Fifth StreetSuite 2300Minneapolis
Phone
N/A
Web
www.tamarackfunds.com
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RECIX and MutualFunds

Correlation & Price change

A.I.dvisor tells us that RECIX and FNWFX have been poorly correlated (+23% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that RECIX and FNWFX's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RECIX
1D Price
Change %
RECIX100%
-0.30%
FNWFX - RECIX
23%
Poorly correlated
-0.32%
VEMAX - RECIX
23%
Poorly correlated
-0.48%
VEMRX - RECIX
23%
Poorly correlated
-0.47%
VEIEX - RECIX
23%
Poorly correlated
-0.46%
VEMIX - RECIX
23%
Poorly correlated
-0.46%
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