EMEAX Ashmore Emerging Markets Equity A Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM).

The investment seeks long-term capital appreciation. The fund seeks to achieve its objective by investing principally in equity securities and equity-related investments of Emerging Market Issuers, which may be denominated in any currency, including the local currency of the issuer. An Emerging Market Issuer is an issuer that is located in an Emerging Market Country, or an issuer deriving at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in one or more Emerging Market Countries or that has at least 50% of its assets in one or more Emerging Market Countries.

The average market capitalization across the Ashmore Emerging Markets Equity A MF is 536.07B. The market cap for tickers in the group ranges from 33.2B to 1.23T. TSM holds the highest valuation in this group at 1.23T. The lowest valued company is FMX at 33.2B.

The average weekly volume growth across all stocks in the Ashmore Emerging Markets Equity A MF was -16%. For the same stocks of the MF, the average monthly volume growth was 33% and the average quarterly volume growth was -39%