Notable companies
The most notable companies in this group are Tesla (NASDAQ:TSLA), Corning (NYSE:GLW), First Solar (NASDAQ:FSLR), ON Semiconductor Corp (NASDAQ:ON).
Industry description
The investment seeks long-term growth of capital.
The fund normally invests at least 80% of its assets in alternative energy and alternative energy technology companies, both U.S. and international. It may purchase stocks of any capitalization, including, but not limited to, large-cap, mid-cap or small-cap stocks. The fund's international stock investments may include stocks of companies based in or doing substantial business in both developed markets and emerging markets. It may also from time to time, as part of its principal investment strategies, invest a substantial portion of its assets in cash or cash equivalents. The fund is non-diversified.
Market Cap
The average market capitalization across the Firsthand Alternative Energy MF is 79.66B. The market cap for tickers in the group ranges from 1.35B to 559.85B. TSLA holds the highest valuation in this group at 559.85B. The lowest valued company is ASPN at 1.35B.
Volume
The average weekly volume growth across all stocks in the Firsthand Alternative Energy MF was -44%. For the same stocks of the MF, the average monthly volume growth was -60% and the average quarterly volume growth was -59%
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: 53
Price Growth Rating: 53
SMR Rating: 64
Profit Risk Rating: 58
Seasonality Score: 48 (-100 ... +100)