Notable companies
The most notable companies in this group are Tesla (NASDAQ:TSLA), First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), Plug Power (NASDAQ:PLUG).
Industry description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index").
The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.
Market Cap
The average market capitalization across the ALPS Clean Energy ETF ETF is 19.68B. The market cap for tickers in the group ranges from 175.4M to 559.85B. TSLA holds the highest valuation in this group at 559.85B. The lowest valued company is GEVO at 175.4M.
High and low price notable news
The average weekly price growth across all stocks in the ALPS Clean Energy ETF ETF was -0%. For the same ETF, the average monthly price growth was -5%, and the average quarterly price growth was -14%. EVGO experienced the highest price growth at 24%, while ARRY experienced the biggest fall at -17%.
Volume
The average weekly volume growth across all stocks in the ALPS Clean Energy ETF ETF was -44%. For the same stocks of the ETF, the average monthly volume growth was 9% and the average quarterly volume growth was 27%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 65
Price Growth Rating: 65
SMR Rating: 80
Profit Risk Rating: 81
Seasonality Score: 18 (-100 ... +100)