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RREMX RBC Emerging Markets Equity R6 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 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 tied to emerging market countries that are considered by the fund to have the potential to provide long-term capital growth. The equity securities in which the fund may invest include, but are not limited to, common stock, preferred stock, convertible securities, American Depositary Receipts, European Depositary Receipts, Global Depositary Receipts, participation notes, warrants and rights.

Market Cap

The average market capitalization across the RBC Emerging Markets Equity R6 MF is 325.1B. The market cap for tickers in the group ranges from 58.84M to 824.08B. TSM holds the highest valuation in this group at 824.08B. The lowest valued company is TCS at 58.84M.

Volume

The average weekly volume growth across all stocks in the RBC Emerging Markets Equity R6 MF was -16%. For the same stocks of the MF, the average monthly volume growth was -40% and the average quarterly volume growth was 17%

Fundamental Analysis Ratings

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

Valuation Rating: 44
P/E Growth Rating: 52
Price Growth Rating: 64
SMR Rating: 53
Profit Risk Rating: 71
Seasonality Score: 30 (-100 ... +100)
View a ticker or compare two or three
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
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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RREMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RREMX has been closely correlated with FWWNX. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if RREMX jumps, then FWWNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RREMX
1D Price
Change %
RREMX100%
-0.30%
FWWNX - RREMX
86%
Closely correlated
-0.98%
FNFWX - RREMX
86%
Closely correlated
-0.98%
RNWFX - RREMX
63%
Loosely correlated
-0.97%
VEMAX - RREMX
24%
Poorly correlated
-0.45%
VEMRX - RREMX
24%
Poorly correlated
-0.45%
More