(FRDM) Freedom 100 Emerging - Ratings and Ratios

The Freedom100 Emerging Markets ETF (BATS:FRDM) is an investment vehicle designed to provide exposure to a diversified portfolio of approximately 100 equity securities in emerging market countries, with a minimum of 80% of its total assets invested in the component securities or their representative depositary receipts.

As a Diversified Emerging Mkts ETF, FRDM offers a broad-based investment opportunity in the emerging markets asset class, which has historically provided potential for long-term growth. Emerging markets often exhibit higher growth rates compared to their developed counterparts, driven by factors such as industrialization, urbanization, and increasing consumer demand.

Analyzing the , we observe that the ETF is currently trading at $39.40, above its SMA20 ($38.72) and SMA50 ($36.86), indicating a positive short-term trend. The SMA200 ($35.04) is also below the current price, suggesting a longer-term uptrend. The ATR (0.51 = 1.30%) indicates moderate volatility. Given the current trend and volatility, we can anticipate a potential continuation of the uptrend, with a possible target of $40.50 in the near term.

From a fundamental perspective, the AUM ($1146.16M USD) indicates a reasonable level of investor interest and liquidity. As the ETF tracks a portfolio of approximately 100 equity securities in emerging markets, its performance is closely tied to the overall health of these markets. With a diversified portfolio, FRDM is likely to be less susceptible to individual stock or country-specific risks.

Combining technical and fundamental insights, our forecast suggests that FRDM is likely to continue its upward trend, driven by the positive momentum and the potential for growth in emerging markets. We anticipate that the ETF will reach $42.00 within the next 6-12 months, assuming the current trend persists and there are no significant changes in market conditions or investor sentiment.