Notable companies
The most notable companies in this group are Marvell Technology (NASDAQ:MRVL), Spotify Technology SA (NYSE:SPOT), Cheniere Energy (NYSE:LNG).
Industry description
The investment seeks to track the performance of the Russell Select Midcap Index.
Under normal conditions, the fund invests at least 80% of its net assets (including any borrowings for investment purposes) in mid-cap stocks and in stocks that are included in its benchmark index. The index, which is constructed by the Russell Investment Group, is designed to measure the performance of the mid-cap segment of the U.S. equity universe.
Market Cap
The average market capitalization across the T. Rowe Price Mid-Cap Index MF is 94.43B. The market cap for tickers in the group ranges from 31.61B to 212.75B. MRVL holds the highest valuation in this group at 212.75B. The lowest valued company is ALNY at 31.61B.
Volume
The average weekly volume growth across all stocks in the T. Rowe Price Mid-Cap Index MF was 20%. For the same stocks of the MF, the average monthly volume growth was 25% and the average quarterly volume growth was -47%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 69
P/E Growth Rating: 67
Price Growth Rating: 44
SMR Rating: 59
Profit Risk Rating: 51
Seasonality Score: -8 (-100 ... +100)