Investment Maps of Emerging Markets
The focus in this chapter is better understanding of the trends and patterns among today’s emerging markets. About 80 countries currently have functioning securities exchanges. Based on the emerging stock market data published by the International Finance Corporation (IFC), this chapter analyzes patterns across emerging markets and patterns in the evolution of emerging stock markets over time. Fundamental and technical indicators are used to create self-organizing maps of the new markets in Latin America, Asia, Africa and Eastern Europe. In addition maps are provided that compare individual companies around the globe; maps of banking, telecommunication, and construction companies are included. The strategic importance of using self-organizing maps for investing in emerging markets is explored and the results are compared with those obtained through classical asset allocation strategies.
KeywordsAsset Allocation Dividend Yield Relative Volatility International Finance Corporation Total Market Capitalization
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