Notable companies
The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), PDD Holdings (NASDAQ:PDD), Alibaba Group Holding Limited (NYSE:BABA), Vale SA (NYSE:VALE).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the daily performance of the S&P Emerging 50 ADR Index (USD).
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to track the performance of a basket of companies who are domiciled in an emerging market of an emerging market country and who also have a level II or III ADR program, New York Shares or Global Registered Shares listed with the New York Stock Exchange or Nasdaq. It is non-diversified.
Market Cap
The average market capitalization across the ProFunds UltraEmerging Markets Svc MF is 214.52B. The market cap for tickers in the group ranges from 51.9B to 774.4B. TSM holds the highest valuation in this group at 774.4B. The lowest valued company is VALE at 51.9B.
Volume
The average weekly volume growth across all stocks in the ProFunds UltraEmerging Markets Svc MF was -41%. For the same stocks of the MF, the average monthly volume growth was 14% 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: 48
P/E Growth Rating: 49
Price Growth Rating: 53
SMR Rating: 31
Profit Risk Rating: 52
Seasonality Score: -7 (-100 ... +100)