Notable companies
The most notable companies in this group are Merck & Co (NYSE:MRK), Cisco Systems (NASDAQ:CSCO), Verizon Communications (NYSE:VZ), Comcast Corp (NASDAQ:CMCSA), Medtronic plc (NYSE:MDT), TJX Companies (NYSE:TJX), Starbucks Corp (NASDAQ:SBUX), EOG Resources (NYSE:EOG), Dominion Energy (NYSE:D), DuPont de Nemours (NYSE:DD).
Industry description
The investment seeks positive absolute returns.
The fund's investment sub-adviser (the "Subadviser"), seeks to achieve it's objective by investing primarily in equity securities of U.S. companies that the Subadviser believes are priced at a substantial discount to the Subadviser's estimate of fair value. The fund may invest in companies of any market capitalization and in any economic sector, including equity securities of foreign companies that trade on U.S. exchanges, either directly or through American Depositary Receipts ("ADRs"). It is non-diversified.
Market Cap
The average market capitalization across the Absolute Select Value ETF ETF is 82.9B. The market cap for tickers in the group ranges from 2.02B to 632.33B. BRK.B holds the highest valuation in this group at 632.33B. The lowest valued company is EQC at 2.02B.
High and low price notable news
The average weekly price growth across all stocks in the Absolute Select Value ETF ETF was 11%. For the same ETF, the average monthly price growth was 18%, and the average quarterly price growth was 68%. AEM experienced the highest price growth at 8%, while INGR experienced the biggest fall at -3%.
Volume
The average weekly volume growth across all stocks in the Absolute Select Value ETF ETF was -31%. For the same stocks of the ETF, the average monthly volume growth was -15% and the average quarterly volume growth was 12%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 52
P/E Growth Rating: 45
Price Growth Rating: 43
SMR Rating: 67
Profit Risk Rating: 49
Seasonality Score: 36 (-100 ... +100)