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VDMRX Virtus KAR Developing Markets 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 capital appreciation. Under normal circumstances, the fund invests at least 80% of its assets in equity securities or equity-linked instruments of developing markets companies. The advisor intends to invest in various types of issuers and industries, and in a number of different countries. Equity securities in which the fund invests include common stocks, preferred stocks, American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”). The fund may invest in companies of all market capitalizations. Generally, the fund invests in approximately 30-60 securities at any given time. The fund is non-diversified.

Market Cap

The average market capitalization across the Virtus KAR Developing Markets R6 MF is 275.95B. The market cap for tickers in the group ranges from 301.74M to 824.08B. TSM holds the highest valuation in this group at 824.08B. The lowest valued company is GPP at 301.74M.

Volume

The average weekly volume growth across all stocks in the Virtus KAR Developing Markets R6 MF was -23%. For the same stocks of the MF, the average monthly volume growth was -45% and the average quarterly volume growth was 23%

Fundamental Analysis Ratings

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

Valuation Rating: 46
P/E Growth Rating: 60
Price Growth Rating: 54
SMR Rating: 74
Profit Risk Rating: 78
Seasonality Score: 38 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
101 Munson StreetGreenfield MA 01301Greenfield
Phone
N/A
Web
www.virtus.com
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VDMRX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, VDMRX has been closely correlated with FWWNX. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if VDMRX jumps, then FWWNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To VDMRX
1D Price
Change %
VDMRX100%
N/A
FWWNX - VDMRX
83%
Closely correlated
-0.98%
FNFWX - VDMRX
83%
Closely correlated
-0.98%
RNWFX - VDMRX
65%
Loosely correlated
-0.97%
VEMRX - VDMRX
31%
Poorly correlated
-0.45%
VEMIX - VDMRX
31%
Poorly correlated
-0.45%
More