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WMGRX Nomura Mid Cap Growth R Forecast, Technical & Fundamental Analysis

The investment seeks to provide growth of capital... Show more

Category: #Mid-Cap Growth
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Royal Caribbean Group (NYSE:RCL), Hilton Worldwide Holdings (NYSE:HLT), Fastenal Co (NASDAQ:FAST), Edwards Lifesciences Corp (NYSE:EW).

Industry description

The investment seeks to provide growth of capital. The fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in common stocks of mid-capitalization companies that the Manager believes are high quality and/or offer above-average growth potential. In selecting securities for the fund, the Manager emphasizes a bottom-up approach and focuses on companies the advisor believes have the potential for strong growth, increasing profitability, stable and sustainable revenue and earnings streams, attractive valuations and sound capital structures.

Market Cap

The average market capitalization across the Nomura Mid Cap Growth R MF is 30.3B. The market cap for tickers in the group ranges from 28.45B to 104.38B. NET holds the highest valuation in this group at 104.38B. The lowest valued company is LPLA at 28.45B.

Volume

The average weekly volume growth across all stocks in the Nomura Mid Cap Growth R MF was -15%. For the same stocks of the MF, the average monthly volume growth was -15% and the average quarterly volume growth was -65%

Fundamental Analysis Ratings

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

Valuation Rating: 71
P/E Growth Rating: 68
Price Growth Rating: 49
SMR Rating: 52
Profit Risk Rating: 81
Seasonality Score: -30 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category MidCapGrowth

Profile
Details
Category
Mid-Cap Growth
Address
Ivy Funds Inc6300 Lamar AveOverland Park
Phone
N/A
Web
www.ivyinvestments.com
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WMGRX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, WMGRX has been closely correlated with FSMAX. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if WMGRX jumps, then FSMAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WMGRX
1D Price
Change %
WMGRX100%
+1.18%
FSMAX - WMGRX
88%
Closely correlated
N/A
PEMGX - WMGRX
78%
Closely correlated
+0.82%
PMBCX - WMGRX
78%
Closely correlated
+0.81%
VMGIX - WMGRX
76%
Closely correlated
+0.81%
VMGMX - WMGRX
76%
Closely correlated
+0.82%
More
Nomura Mid Cap Growth R (WMGRX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com