SDMGX Sit Developing Markets Growth Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Broadcom Inc. (NASDAQ:AVGO).

The investment seeks to maximize long-term capital appreciation. The fund normally invests at least 80% of its net assets in common stocks of companies domiciled or operating in a developing market. It invests in small, medium and large sized companies. The fund may invest in securities representing underlying international securities such as sponsored American Depository Receipts, European Depository Receipts and Global Depository Receipts.

The average market capitalization across the Sit Developing Markets Growth MF is 124.74B. The market cap for tickers in the group ranges from 2.66B to 1.12T. AVGO holds the highest valuation in this group at 1.12T. The lowest valued company is BID at 2.66B.

The average weekly volume growth across all stocks in the Sit Developing Markets Growth MF was -17%. For the same stocks of the MF, the average monthly volume growth was -11% and the average quarterly volume growth was 51%